The Transformation of Customer Loyalty: Foodservice Programmes Must Transcend Discounts and Foster Lasting Loyalty through Experiences
Thursday, March 7, 2024
DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "Transformation of Customer Loyalty: A Pan-Industry View" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
In a time of uncertainty, brands must ensure that the value proposition provided by their loyalty schemes is firmly aligned with customer needs, priorities and expectations, continuously refined and adapted to withstand disruption and changing market conditions. This report explores how loyalty programmes are evolving across key industries worldwide.
The global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers' shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry
Key Findings
Lifestyle loyalty schemes
Creating lifestyle loyalty programmes has become an essential focus for brands across different industries by rewarding actions rather than purchases. They aim to become part of the everyday lives of their consumers, incentivising wellness and wellbeing behaviours, delivering utility as well as innovative but highly personalised benefits. By forming relevant partnerships and delivering more choices for members with the help of these schemes, brands are able to stand out from the crowd and remain relevant.
Elevating value proposition vital more than ever
As consumers become savvier, they seek to gain more added value from their regular purchases and from their membership participation. This is forcing brands to adapt and deliver wide-ranging rewards offerings, more prestigious membership status, enjoyable experiences, and personalised services.
Communities and co-creation in huge demand
Building a brand community as part of the loyalty programmes is imperative for deepening the customer engagement, supporting peer-to-peer interaction and social impact initiatives, creating more lasting relationships with members and ultimately accessing vital feedback and information about the brand's customer base. Brand communities are the perfect platform for product and marketing co-creation with the business, which further entices more innovation as well as loyal and top-spending consumers.
Innovation and technology revive stale legacy structures
In a time of technological disruption and innovation, customer loyalty is changing. Companies are embracing new business models to expand the potential of loyalty schemes, ensure borderless reach and deliver new incentives. With digitalisation extending its reach, using mobile strategies to drive loyalty is essential, and in turn offers a direct connection to the customer.
Key Topics Covered:
Introduction
-- Scope
-- Key Takeaways
-- Exploring customer loyalty
-- Drivers of customer loyalty
-- Capitalising on the power of mobile growth
-- Experiences high on the agenda for loyalty programmes to help drive
added value
-- Grocery retail brands: lead the way for global loyalty programmes
-- Loyalty programmes more important than ever
-- Designing loyalty programmes: key considerations for businesses
-- The core principles of effective loyalty programmes
Loyalty in beauty and personal care
-- Beauty loyalty programmes are most influential in colour cosmetics and
among Millennials
-- Fluctuations in subscription box demand and direct selling salesforce
are major challenges
-- BeautyCounter builds loyalty through ingredient safety positioning,
"clean beauty" mission
-- Bubble builds loyalty through app frequented by Generation Z and
co-creation approach
-- Bond over shared ethos, co-create with younger consumers, and build
community in beauty
Loyalty in luxury goods
-- Elevating customer loyalty through value-driven rewards and exclusivity
across luxury
-- Leveraging digital platforms for loyalty programmes across luxury is
essential
-- Building emotional loyalty and nurturing brand advocates is pathway for
future consumers
-- YSL Beauty: Nurturing exclusivity with NFT loyalty approach to connect
better with Gen Z
-- Luxury department store Liberty London gives its loyalty members more
bang for their buck
-- Fusing exclusivity, quality, heritage and storytelling to build a strong
strategy in luxury loyalty
Loyalty in apparel and footwear
Loyalty in packaged food
-- Digital trends have the potential to reshape loyalty programmes in the
food industry
-- General Mills opens path to data-driven loyalty programmes
-- Kraft Heinz's NFT integration with Oscar Mayer Wiener Whistle
-- Enhancing customer engagement through loyalty programmes in the evolving
food industry
Loyalty in drinks
-- Supporting ubiquitous brands with targeted loyalty programmes,
particularly in foodservice
-- Coke ON consumer loyalty app helps to kickstart vending growth in Japan
-- Drinks brands invest in B2B digital loyalty programmes for traditional
and independent retailers
-- Tim Hortons extends loyalty programme with new Tims credit card
Loyalty in Drinks
-- Drinks programmes to foster both consumer and retailer loyalty
Loyalty in consumer foodservice
-- Foodservice programmes must transcend discounts and foster lasting
loyalty through experiences
-- Boba Guys' reward system adds an element of surprise through mystery
boxes
-- Taco Bell empowers loyalty members to take part in the design of hot
sauce slogans
Loyalty in Consumer Foodservice
-- Delivering value aligned with their consumers' needs and wants
Loyalty in travel
-- Loyalty ecosystems target growing leisure travel segment
-- Accor uses subscriptions to increase loyalty programme participation
-- ANA Pocket offers lifestyle ecosystem rewards
-- Future travel loyalty programmes will be lifestyle ecosystems
Loyalty in retail
-- Loyalty and personalisation, a match made in heaven
-- Direct to consumer model makes it easier to achieve maximum
personalisation
-- The Fresh Market launches Ultimate Loyalty Experience, exploring
personalisation
-- Marks & Spencer finds new heights by shining the light on Sparks
-- Loyalty nirvana is now the ultimate goal for consumers and retailers
alike
Loyalty in nicotine
-- Loyalty in nicotine is largely a feature of emerging cigarette
alternative categories
-- Ecigwizard Vape Rewards: Addressing price sensitivity
-- BAT's B-Lounge: Rewarding and educating uptake of an emerging category
-- Where viable loyalty programmes offer approaches to key industry
challenges
Conclusion
-- Key Takeaways
-- Customer Loyalty: How to win
-- Evolution of customer loyalty
For more information about this report visit https://www.researchandmarkets.com/r/61i1l3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/the-transformation-of-customer-loyalty-foodservice-programmes-must-transcend-discounts-and-foster-lasting-loyalty-through-experiences-302074613.html
SOURCE Research and Markets
|
|
|
|
|
 |
The New Identity Theft Crisis: AI Scams, Child Victims, and Credit Damage Are All Spiking | Jan 22, 2026
|
|
AllSci Launches Hypothesis Publishing: A Seamless Way to Share, Connect, and Advance Scientific Ideas | Jan 22, 2026
|
|
Fintech Startup BON Credit Secures $3.5 Million In Funding | Jan 22, 2026
|
|
Nudge Security Unveils Industry's Most Comprehensive AI Security Governance Platform | Jan 22, 2026
|
|
Darwin CX Caps a Banner Year with AI Launch, Sold-Out Events, and Industry Book Launch | Jan 22, 2026
|
|
PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses | Jan 22, 2026
|
|
Young Adult Sports Fiction Debut Featured in LibraryBub Selection for January | Jan 22, 2026
|
|
IoTeX Publishes MiCA-Compliant Whitepaper for IOTX, Enabling EU-Wide Alignment Under the New Regulatory Framework | Jan 22, 2026
|
|
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures | Jan 22, 2026
|
|
TSX Venture Exchange Market Data Now Available Across Over 40 Blockchains via Chainlink | Jan 22, 2026
|
|
|
