Retailers are increasingly integrating paid subscription models into their loyalty programs to deepen customer engagement and create new revenue streams. In her article for Customer Experience Magazine, Sarah Jarvis, Communications and Propositions Director at Eagle Eye, examines how brands like Tesco and Target are leading this trend.
Tesco's Clubcard Plus offers subscribers monthly savings for a fee, while Target's Circle 360 provides benefits like rapid delivery and exclusive promotions. These programs go beyond traditional rewards, leveraging technology to deliver personalized experiences that resonate with consumers.
Jarvis emphasizes the importance of utilizing AI and data analytics to tailor offerings, ensuring that subscribers receive relevant and timely incentives. This approach not only enhances the customer experience but also fosters long-term loyalty.
To delve deeper into how subscription-based loyalty programs are reshaping retail strategies, read the full article here: Loyalty Subscription Programmes Are on the Rise: How to Take Them Higher