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Loyalty system retail rewards 2010

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Introducing Retail Rewards www.retailrewards.co.uk
Transcript
Page 1: Loyalty system retail rewards  2010

Introducing

Retail Rewardswww.retailrewards.co.uk

Page 2: Loyalty system retail rewards  2010

Your own Advantage CardUp and running in 10 Days from proof acceptance or even earlier in

emergencies!

You can design your own card with your logo pictures

and images. The limit is your imagination.

Page 3: Loyalty system retail rewards  2010

SHOP LOCAL

Page 4: Loyalty system retail rewards  2010

Small Convenience Stores

Page 5: Loyalty system retail rewards  2010

RETAIL LOYALTY MARKETS

• Our simple system is aimed at the smaller retailer either in a high street, corner shop,

garage forecourt or wine shop outlet.

• Londis, Cost Cutter, Newsagents, Wine Shops, Garage Forecourts, Butchers.

• Our aim is to help smaller shops stay

competitive with their own ‘Club Card’ and keep local people ‘Shopping Local’

Page 6: Loyalty system retail rewards  2010

Loyalty Membership Card• Given to Customers as a membership/loyalty/Gift card to

incentivise returning to your store.

• There can be up to 3 different levels of card to allow Gold, Silver & bronze memberships.

• Members can ‘log’ into the Store and gain points each time they shop with you.

• Shopping times of can be recorded and downloaded to software to show frequency of visits.

• The Card can also be used as a Gift Card given to Friends and Family which in turn can be used as a loyalty card.

• Ad hoc points can be given at any time.

Page 7: Loyalty system retail rewards  2010

5 Times as much to get a new

customer than keep an existing one

• Every business should have a customer loyalty program.

• Why?

• Because it costs five times as much money to find a new customer than it does to get a current customer to come back and do business with you.

• 5 times the amount!

• That alone is enough reason to have a customer loyalty program.

Page 8: Loyalty system retail rewards  2010

ELECTRONIC GIFT CARDThe cards we provide are chip cards which contain a ‘Points Purse’ and a ‘Gift Purse’ the Gift purse can be added to at anytime and can be reused. If cards are given to friends and family the card automatically turns into a points loyalty card as the Gift cash is spent.

Gift denominations are determined by the Salon Manager and can be audited.

1. XMAS CARD

2. SAVINGS CARD

3. GIFT CARD

4. Credit returns Card

Page 9: Loyalty system retail rewards  2010

Creating the Gift Card

Using the Managers card the gift cash is added to the card in seconds. Every time

the card is inserted into the terminal the available cash is shown on the terminals

screen.

The Gift card can be used as whole or part payment in the salon for services or product.

Page 10: Loyalty system retail rewards  2010

Points or Minutes• The card can be set up to gain Loyalty

Points i.e. 5 points = £ 1.00 spend

• This can be changed at any time to

introduce promotion days or demo days.

• Instead of using Points you can use the card to build up time in the salon/spa i.e. you can gain 5 Minutes for every £ 10.00

spent etc. This is easily changed by the manager as required. The minutes can be

collected for free beauty spa sessions etc.

Page 11: Loyalty system retail rewards  2010

How are points gained

• 5 Points for every £1.00 spent (suggested)

• Up selling at sign up time

- 50 points for sign up of form

- 3 VIP levels - Bronze (Single)

- Silver (Double), - Gold (Triple).

- Extra Bonus Points

- Product purchases

Page 12: Loyalty system retail rewards  2010

Examples of how points can be exchanged

• £1.00 Wine Voucher 100 Points

• Car Wash Voucher– 250 Points

• £5.00 of tokens - 500 Points

• £10.00 of Tokens - 1000 Points

• Bottle of Whisky 2000 Points

• Case of Wine 3000 Points

• Purchase of product – see catalog

These are examples of Points you can use to purchase drinks or further tokens.

Page 13: Loyalty system retail rewards  2010

Building Customer Loyalty

• Loyalty Card helps guarantee your Customer returns for further plays.

• Affiliate Partners who will recognise the Platinum Card. Travel Agents, Restaurants, Hotels, etc

• Sending out Statement of account with special offers etc

• SMS and Emailing Customers

• Use the card as XMAS or SAVINGS club

Page 14: Loyalty system retail rewards  2010

Preserving your Business

• Adding loyalty points cards to your business

keeps your cash flow in your business and not

your competitors

• Offering Gift Card facility and Loyalty points

gives added value to the card

• When staff members leave they would find it

harder to take away your clients because they cannot use your loyalty card anywhere else.

• No need to give out discounts thus again preserving your business cash flow.

Page 15: Loyalty system retail rewards  2010

Sending Out StatementsDear Mrs Cuthbertson,

We are pleased to let you know that you have 2450 points on your

Smart Account and we would be pleased to see you at our Bank

Holiday opening day where you would be able to redeem your points

towards products in our gift collection. You would of course be able to

gain even more points by taking advantage of our special offers

detailed below.

Beauty Selection Face Pack Skin Treatment Massage

1000 Points 2,500 points 5,000 points 5,000 points

Page 16: Loyalty system retail rewards  2010

Example Gift Collection

Skin Care Products 500 Face Pack 750 points Massage 1500 Points Gift Cards from 500 Points

Skin Tone 2500 points Ladies Bag 5700 Points Ladies Scarf 5700 PointsFlipFlops 1500 Points

Make up set 1000 points

Page 17: Loyalty system retail rewards  2010

What If?

We could provide

a solution which:-

• Allowed you to improve retention

• Up sell to regular Customers

• Help get off the discount trap

• Increase top line profits by at least 15%

• Offer your customers a unique Card

Page 18: Loyalty system retail rewards  2010

Loyalty in a Box

Unique and Powerful Hand Held Loyalty System

Desktop with Audit Trail

Hand held Unit

Page 19: Loyalty system retail rewards  2010

SMART REWARDSLoyalty in a Box

• LOYALTY IN A BOX enables Retailers to launch their own Loyalty System, with the

capabilities of the famous branded Loyalty Schemes, but at a fraction of the cost and

with greater simplicity.

Page 20: Loyalty system retail rewards  2010

Running the System from your

Laptop or PC

This versatile reader can be fitted to any

Laptop or PC and comes with utility

loyalty software which will enable points

to be written straight onto the card.

Pending points can also be created in

advance of card presentation.

LOYALTY MANAGER SOFTWARE

The loyalty Manager software enables you to operate the system

directly from your PC and includes a

USB reader/writer.

Page 21: Loyalty system retail rewards  2010

HOW DOES IT WORKPoints Award

Your valued customers are allocated Loyalty Cards which can be branded with your Logo or with one of our unique designs. These Cards are used for storing Loyalty Points which are earned for every transaction made in your store. The Loyalty Card acts as a constant reminder of your brand, inducing customers to return more frequently and increasing expenditure.

Page 22: Loyalty system retail rewards  2010

What Do I need

We provide you with everything that you need for your Loyalty scheme, from the

Loyalty Terminal and Cards through to the point of sale marketing and optional PC

Software.

Page 23: Loyalty system retail rewards  2010

What is Included

• Hand Held or Desk top Smart Card Terminal

• Plastic Customer Smart Cards

• RTB Certificate

• Rechargeable battery and Cradle

• Managers and Clerk Cards

• System Marketing Booklet

• System training and instruction Manual

Page 24: Loyalty system retail rewards  2010

YOUR FIRST STEPS

• In the first instance you should decide what you want to call your scheme

i.e.

‘Gift Shop’ Loyalty Card

Privilege Card

Advantage Card

Priority Card

Gift Rewards

Gold Club

Platinum Card

Club Card

Page 25: Loyalty system retail rewards  2010

Sending us your LOGO

• Once you have decided on your Scheme name you should send us your company

LOGO or a picture of your shop or scheme design.

• You can send this by Email or by post

• Once we receive the information we will

provide you with a PROOF CARD for you to approve or make amendments.

Page 26: Loyalty system retail rewards  2010

YOUR LOGO and IDENTITY

• Your logo will be used on the cards and in any point of sale literature we prepare for

you. i.e Scheme application forms etc.

Page 27: Loyalty system retail rewards  2010

Proof Accepted what Next

• Once you have approved your card we can produce the smart cards for your scheme.

• Normally at this point we take payment for

the system either by cheque or Credit card.

• At anytime you are free to visit us in Beverley to discuss the scheme and have

hands on to the equipment before purchase.

Page 28: Loyalty system retail rewards  2010

Once Payment has Cleared

• Your Cards and Terminal will be despatched by overnight courier.

• Once your cards arrive you can

commence using the system immediately

• The system will be programmed with your chosen scheme which you can of course

change at any time.

Page 29: Loyalty system retail rewards  2010

SCHEME OPTIONS and

Suggestions

In the first instance we recommend using the 5% system. This option is set up as

follows:-

For every £1.00 spent you award 5 points

i.e. £50 = 250 Points

£75 = 375 Points

£100 = 500 Points

Page 30: Loyalty system retail rewards  2010

After the Transaction

Once the transaction is completed the points are written to the smart chip and the

customer is given back the Smart Card.

The customer can verify how many points there are on the card at any time during or

after the transaction by simply inserting the card.

Page 31: Loyalty system retail rewards  2010

Redeeming the pointsAt some point the customer may wish to

‘CASH IN’ his points towards purchases.

The redemption value should be initially set

as follows:-

100 Points = £ 1.00

500 Points = £ 5.00

1000 Points = £ 10.00

2000 Points = £ 20.00

Page 32: Loyalty system retail rewards  2010

TAKING POINTS OFF THE CARD

The terminal has the option to take points off the card using the ‘Subtract Points’ option.

You can either hand over a Gift Voucher to

the value of the points or simply deduct the value from the transaction.

Page 33: Loyalty system retail rewards  2010

EFFECT OF Redeeming

Customer has spent £ 100 to achieve a £5 gift voucher.

That £5 will now need to be spent back in

the centre on goods or sevices you sell.

The effect cost to you for this transaction will be less than £ 2.50 based on Cost of

sales.

Page 34: Loyalty system retail rewards  2010

Cost to you if Discount usedIf the same transaction had been made

using the discount structure that cost would be £ 100 X 10% = £10.00

The £10.00 leaves your shop with no

guarantee of it being spent with you in the future. Therefore the saving to your cash flow using the loyalty Solution is £7.50 or

based on a turnover of £ 10,000 per week the saving is £ 750.00 per week

Page 35: Loyalty system retail rewards  2010

CUSTOMER RETENTION

The customer having purchased from your shop

will leave with not only the goods but also a

personalised loyalty card with ‘Points’ gained from the purchase and the satisfaction that

he/she will return at some stage to make further purchases and gain additional points.

The card will also contain the Shop number and

a reminder to shop there again in the future.

Page 36: Loyalty system retail rewards  2010

PRICING OF THE SYSTEM

The Hand held or Desktop Terminals are

available at a price of £ 695.00 each.

This price includes 100 cards and set up.

Minimum order for cards is 100 @ 99p each for standard coloured cards.

1000+ Cards are 89p each.

5000+ Cards are 79p each

Application forms/leaflets £ 39.00/100 in Full Colour A4 Double sided.

Page 37: Loyalty system retail rewards  2010

TERMINAL RENTAL

• The desktop terminals can be rented at the rate of £49.00 per month for a minimum

rental period of 6 Months. Cards can be purchased as and when you need them.

• Alternatively we are happy to supply the

terminal in 3 monthly instalments.

• Software can be paid in 2 instalments.

Page 38: Loyalty system retail rewards  2010

Software Marketing

• Search on Clients not recently visited.

• Output Files to CSV for Mail merge

• Multiple terminal Database

• Full Audit Trail reporting.

• Individual Account Summary’s

• Check on Log ins through Desktop terminal

Page 39: Loyalty system retail rewards  2010

Software Options• SHOP or CENTRE level software

• Loyalty Manager 1 – 2000 Customers £ 395.00

• Loyalty Manager 2000+ Customers £ 595.00• Loyalty Manager 5000+ £ 795.00

• Loyalty Manager 10,000+ £ 995.00

• Additional sites within same system data

sent by Email to head office £ 195.00 each.WEB Module for Customer Points checking POA

WORKSHOP LOYALTY PROGRAMMETraining at our offices is £ 95.00. We do not sell the software without Training and part of the training is setting up the terminal linked to your chosen computer which you will need to bring with you during your workshop visit. Please allocate 2-3 hrs for the workshop.

TRAINING ON SITE is £ 295.00 per day if ordered with the Software, otherwise it is £ 395.00 per day.

Page 40: Loyalty system retail rewards  2010

Training• Software training conducted in Beverley will be

provided at £95.00 per visit.

• Training on Site within 100 miles of Beverley will be £ 295.00 and £ 395.00 for a full days training

Anywhere else in the country.

• Training beyond 100 Miles of Beverley at the daily rate of £ 395.00. per installation.

• Additional days on same site at £ 295.00/Day

• Training costs include travelling & accommodation where applicable.

• A pre installation form will need to be completed before visit to check equipment.

Page 41: Loyalty system retail rewards  2010

WORKSHOP AGENDA1. Overview of System and use of cards in the terminal.

2. Using the Managers Card.

3. Full run through of Service Options for the terminal

4. Using the Clients cards to build up points

5. Installing the Software on your chosen computer.

6. Registering the Software.

7. How to Run your Loyalty Scheme including case studies etc

8. Setting up the Data base options, Menus, tick boxes etc

9. Setting up the database with pre defined data on test system

10. Reading the terminal into the Computer.

11. Programming the terminal from the computer & Hotlisting

12. Running the Audit Trail

13. Producing Reports and Advanced Marketing (More Detail on Course)

Page 42: Loyalty system retail rewards  2010

Smart Card EntitlementOptional Suggestions

Each customer who spends over a certain amount i.e. £ 20.00 could be entitled to a loyalty card.

Very regular clients should be given a card to ensure retention of your best clients.

You should invite the customer to join into the scheme and request that they complete the form.

Do not hand over the Smart Card until the form is completed.

Page 43: Loyalty system retail rewards  2010

What You Get in the Box

• Hand Held or Desk top Smart Reader/Writer

• Recharging Cradle and Battery

• Printed Cards + Training Cards

Including Set Up and Design of your Card

• Master Cards and Programming Cards

• Marketing Your Loyalty Scheme Handbook

• Posters & Application forms templates.

• 12 Months RTB warranty and Support

Page 44: Loyalty system retail rewards  2010

OPTIONS TO PURCHASE• OUTRIGHT PURCHASE £ 695.00 (Includes100

Cards)

• SOFTWARE £ 395.00 for marketing and database per store or Head Office version available.

• 6 Monthly Interest Free Payments + Cards. £99.50p per month. Through rolling Credit card or Post dated cheques.

• 12 Month Rental Contract with 3 Months Deposit, includes first 50 Cards. £ 49.00 per Month.

• TRIAL AVAILABLE FOR UP TO 1 MONTH JUST PURCHASE 100 Smart Cards. (£50 refundable deposit on Terminal).

Page 45: Loyalty system retail rewards  2010

Questions and Answers

Q. What if the Customer loses his/her card

A. In the Standalone system the card should be treated as a ‘Gift Card’ or

‘Cash Card’. If the customer loses the card it is like losing cash and the reverse

of the card will have a disclaimer.

If on the other hand you utilise the software you can keep a record of the time, Date and Points gained at each visit.

Page 46: Loyalty system retail rewards  2010

Terms and Conditions

This Example is used on the back of Gift Cards

The ‘Company’ cannot replace or reimburse the value of the points of your card if it is Lost, Stolen or Damaged. Please look after this valuable card carefully and treat it just like cash. To check your points balance or to add more points hand your card over at the checkout.

Your Customer can bank their points in at any time in return fora ‘Gift Voucher’ or against Purchases. You should encourage banking wherever possible at the Point of Sale.

Page 47: Loyalty system retail rewards  2010

What About Returns

Most shops these days offer Credit Notes against returned or unsuitable goods.

As a General Rule If they are a Loyalty Card

holder you should not give points out for Credit Note Purchases.

Page 48: Loyalty system retail rewards  2010

What if Customer forgets Card

If the Customer forgets their card you should validate the Sales Receipt and insert your

test card to calculate points and write on the goods receipt.

The Customer simply brings in the receipt

next time and you add the points to the card and sign the receipt with points given.

Page 49: Loyalty system retail rewards  2010

How Many Customers can I have in

the system

• The Standalone system is limitless in terms of card holders 100 - 500,000+

• The Audited system is again limitless,

however you will need to download your transactions on a regular basis i.e. the

terminal holds about 1000 transactions i.e. loyalty card holder visits.

Page 50: Loyalty system retail rewards  2010

How long does it take to get new

cards

Your Art work will already be set up in the system we therefore require 1 Weeks

notice to get new cards to you.

Simply phone through your order. Once you are a customer of ours you will have a

30 day credit account.

Page 51: Loyalty system retail rewards  2010

Some of our Clients• Compass Group

• British Airways

• National Trust Enterprises

• Alpha Airport Catering (6 Airports)

• Crown Courts

• Vauxhall Motors, Evans Halshaw

• Clarins UK

• 500 Schools & Colleges, 120 Golf Clubs

Page 52: Loyalty system retail rewards  2010

Our Partners

• Gemplus UK (Worlds Largest Smart Card Company)

• Universal Smart Cards

• SharpSoft

• Siemans

• Sharp UK

SmartCardWorld are development Partners For Universal Smart Cards.

Page 53: Loyalty system retail rewards  2010

Smart Card World Our History

• Established 14 Years Ago - May 1996

• Won Major Award for Best Loyalty System in 1999.

• Industry Sectors, Salon, Restaurant, Retail

• Largest Sector Education with 1.4million cards over last 5 Years

• Finalists in Nat West Awards for most Innovative Business Idea (2007)

• Finalists In Nat West Awards, Micro Business of the Year. (2007)

• Suppliers of one of the largest small business loyalty schemes Clarins with 100 Terminals and 350,000 cards in last 3 years.

Page 54: Loyalty system retail rewards  2010

Our Services• Supply of Smart Cards including

personalisation, embossing, fulfilment

• Supply of Terminals Handheld, Desktop & PC USB.

• Point of Sale and application forms etc

• Software for Database and Marketing

• Bespoke Development

• Personalisation and Fulfilment

• Data Mining


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