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Alison Barnard :
Customer Loyalty
Program
Joseph Sweeney
Andrew Kelley
Barbara Stathi
Oddette Gonzales
Steven Shipley
Problem →Outcome → Solution
• the “perfect fit” jeans are too much money:
• Conducted survey and it’s results
• 17.8% -130+
• 18.9%-101+
• Double the number of potential customers
• Desired Outcome:
• We want to have loyal customers
• Solution:
• We are implementing the customer loyalty program
Alternatives
Coupons:
pro: will gain customers
Con: will lose income
One full price, one half off:
Pro: sell more jeans
Con: lose income
Spending 200 on jeans, gets you 25$ gift card:
Pro: Money given out comes back to the store
25% Off Coupon
• 25 percent off a purchase that will last for four days every other
month- Friday to Monday
• 3 times a year
• Earned coupon: given to customers when they make a purchase
-not given out while they are valid
• Lead to customer loyalty
• Lead to increase in UPT
-willing to spend more money
17.80%
30%
18.90%
17.80%
Amended Financial Statement
• 15000 coupons per year for only $600.
• CRM: $240 per year
• Sales increasing greater than 18%
Source: TicketPrinter.com
Discrete Steps in the Process
•Establish Goals
•Identify key customers
•Program type
•Data Collection

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Alison barnard final.pptx

  • 1. Alison Barnard : Customer Loyalty Program Joseph Sweeney Andrew Kelley Barbara Stathi Oddette Gonzales Steven Shipley
  • 2. Problem →Outcome → Solution • the “perfect fit” jeans are too much money: • Conducted survey and it’s results • 17.8% -130+ • 18.9%-101+ • Double the number of potential customers • Desired Outcome: • We want to have loyal customers • Solution: • We are implementing the customer loyalty program
  • 3. Alternatives Coupons: pro: will gain customers Con: will lose income One full price, one half off: Pro: sell more jeans Con: lose income Spending 200 on jeans, gets you 25$ gift card: Pro: Money given out comes back to the store
  • 4. 25% Off Coupon • 25 percent off a purchase that will last for four days every other month- Friday to Monday • 3 times a year • Earned coupon: given to customers when they make a purchase -not given out while they are valid • Lead to customer loyalty • Lead to increase in UPT -willing to spend more money 17.80% 30% 18.90% 17.80%
  • 5. Amended Financial Statement • 15000 coupons per year for only $600. • CRM: $240 per year • Sales increasing greater than 18% Source: TicketPrinter.com
  • 6. Discrete Steps in the Process •Establish Goals •Identify key customers •Program type •Data Collection