Commentary

Holding Customers Tight: Retailers Are Offered A New Loyalty Tool

Retailers seeking to boost retention have a new capability, thanks to a partnership between marketing automation platform Listrak and Rivo, a retention tool built for Shopify Plus. 

The arrangement, announced on Thursday, enables brands to “zero in on their most devoted customers and spark connections that actually stick,” says Alex Lazoff, chief revenue officer, Rivo, in a statement.

The partnership allows retailers to convert one-time buyers into repeat customers, using these tools:

- Personalized email and SMS marketing based on loyalty and referral dataincluding points balance, tiers, and referrals

- Trigger-based journeys from loyalty events

-  Listrak flows triggered by key Rivo events such as tier upgrades, new referrals, points and "expiring soon" messaging

advertisement

advertisement

- Customized referrals — enables marketers to include each customer's unique referral URL directly in emails or SMS messages

"Given the high cost of new customer acquisition, it is imperative that retailers convert first-time buyers into repeat shoppers, which requires treating loyal customers as VIPs," says Leah Beitler, vice president, partnerships and ecosystem, Listrak. 

When consumers click through a personalized email or SMS message, “they can instantly be recognized for the VIP that they are,” Beitler adds.

"Great loyalty programs don't happen by accident — they're powered by smart email," Lazoff adds. 

 

Next story loading loading..