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Ten Thousand Villages
Customer Loyalty Program
Executive Summary


Customer loyalty program will greatly benefit
Ten Thousand Villages
  Builds long-term customer relationships
  Increase company and fair trade awareness
  Increase revenue for continued support of artisans
  Remain competitive
Research Methods


GOAL: assess effectiveness of a customer loyalty program
Primary Research
  Customer and Neighborhood Survey
  Focus Group
  Company Interview
Secondary Research
  Marketing articles and journals
  Customer loyalty programs
Results and Conclusions

 How likely are you to shop at Ten
Thousand Villages with a Customer
                                       Great customer approval
        Loyalty Program?
                                       of customer loyalty
                                       program
                         More Likely
                                       Area for Development:
                         Less Likey
                                       Fair trade product
                         The Same
        89%                            awareness
Goals and Rationale

Rationale: reward customer loyalty, increase revenue to
support fair trade initiative , raise awareness
Short-term Goals
  15% increase in monthly sales from 2011 sales record
  10% increase in monthly number of total transactions
Long-term Goals
  10% Increase in 2012 total sales from 2011 sales record
  Greater company and fair trade awareness
  Develop long-term customer relationship
Proposed Strategies
 Customer Loyalty Points Card
 Customer Appreciation Sales Events
 Product Development
 Product Samples/Premiums
 Volunteer Training
 Community Outreach/Festival Sales
 Social Media Promotion
Customer Loyalty Card


Points-based customer loyalty card
  Dollar spent-to-point ratio
Doubles as gift card
Rewards loyal customers and
encourages new purchases
Drives food product sales
Sale Events

Customer Appreciation
Sales Events that reward
loyal customers
Other sales events that
attract new customers
Held Feb. – Aug.
  Drive slow sales seasons
Product Development


More visible fair trade certification logo and
product information about artisan and product
production and source
Package redesign, informational notes, etc.
Product Samples/Premiums

In-store Product Samples
  Market for our new food
  product line
Product Premiums
  Promotion/publicity of
  premiums
  Added benefits to shop at our
  stores
Volunteer Training

Storefront volunteers are
integral to our organization
  Poor customer service cited 74%
  as reason for customer
  dissatisfaction
Provide volunteer screening
and store sales and product
knowledge
Community Outreach

Festival Sales
  Continues to support artisans while
  introducing community to fair trade
  Festival sale advertising
Community Events
  Special events
  Collaboration with organizations
  that our conscientious customers
  support
Social Media Promotion


Target market more connected online
97% of current customers regularly check social media
90% interested in receiving Ten Thousand Villages
updates
Reach greater demographic
Non-traditional form of marketing
Budget


Grand Total: $1389.90
Direct Cost Total: $282.50 (from product
premiums costs)
Estimated Return on Investment: 233% over 3
months
Metrics for Measurement


In-store POS Sales System Tracking
Monthly customer surveys to assess satisfaction
and effectiveness
Volunteer surveys and employee evaluations
Sales record comparisons
Summary
  Customer loyalty program will help
strengthen our philosophy of helping to
build a sustainable future by practicing
  socially responsible trade. Through
 this, we can continue and expand our
 support of our artisans to ensure that
 they receive respect, dignity and hope
  from working hard and earning fair
           value for their work.
Thank you.

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Berlice Zhwang

  • 2. Executive Summary Customer loyalty program will greatly benefit Ten Thousand Villages Builds long-term customer relationships Increase company and fair trade awareness Increase revenue for continued support of artisans Remain competitive
  • 3. Research Methods GOAL: assess effectiveness of a customer loyalty program Primary Research Customer and Neighborhood Survey Focus Group Company Interview Secondary Research Marketing articles and journals Customer loyalty programs
  • 4. Results and Conclusions How likely are you to shop at Ten Thousand Villages with a Customer Great customer approval Loyalty Program? of customer loyalty program More Likely Area for Development: Less Likey Fair trade product The Same 89% awareness
  • 5. Goals and Rationale Rationale: reward customer loyalty, increase revenue to support fair trade initiative , raise awareness Short-term Goals 15% increase in monthly sales from 2011 sales record 10% increase in monthly number of total transactions Long-term Goals 10% Increase in 2012 total sales from 2011 sales record Greater company and fair trade awareness Develop long-term customer relationship
  • 6. Proposed Strategies Customer Loyalty Points Card Customer Appreciation Sales Events Product Development Product Samples/Premiums Volunteer Training Community Outreach/Festival Sales Social Media Promotion
  • 7. Customer Loyalty Card Points-based customer loyalty card Dollar spent-to-point ratio Doubles as gift card Rewards loyal customers and encourages new purchases Drives food product sales
  • 8. Sale Events Customer Appreciation Sales Events that reward loyal customers Other sales events that attract new customers Held Feb. – Aug. Drive slow sales seasons
  • 9. Product Development More visible fair trade certification logo and product information about artisan and product production and source Package redesign, informational notes, etc.
  • 10. Product Samples/Premiums In-store Product Samples Market for our new food product line Product Premiums Promotion/publicity of premiums Added benefits to shop at our stores
  • 11. Volunteer Training Storefront volunteers are integral to our organization Poor customer service cited 74% as reason for customer dissatisfaction Provide volunteer screening and store sales and product knowledge
  • 12. Community Outreach Festival Sales Continues to support artisans while introducing community to fair trade Festival sale advertising Community Events Special events Collaboration with organizations that our conscientious customers support
  • 13. Social Media Promotion Target market more connected online 97% of current customers regularly check social media 90% interested in receiving Ten Thousand Villages updates Reach greater demographic Non-traditional form of marketing
  • 14. Budget Grand Total: $1389.90 Direct Cost Total: $282.50 (from product premiums costs) Estimated Return on Investment: 233% over 3 months
  • 15. Metrics for Measurement In-store POS Sales System Tracking Monthly customer surveys to assess satisfaction and effectiveness Volunteer surveys and employee evaluations Sales record comparisons
  • 16. Summary Customer loyalty program will help strengthen our philosophy of helping to build a sustainable future by practicing socially responsible trade. Through this, we can continue and expand our support of our artisans to ensure that they receive respect, dignity and hope from working hard and earning fair value for their work.