How much are you paying
for or investing to maintain your company’s loyalty program? It simply might be too much. Today, fresh prepared food is driving
frequency more than legacy loyalty programs according to Foodservice Solutions®
Grocerant Guru™ Steven
Johnson.
Kurt Jetta, Ph.D. CEO
and founder, TABS Group stated that “The evidence is pretty compelling, though, that
there are fewer incremental sales and profits being generated”. Jetta, when on too outline eight reason why
retailer loyalty programs do not work as they once did. Here are the eight reasons:
1. The offers are
confusing
2. The offers are
deceptive
3. The offers are
less.
4. The offers are
exclusionary
5. The offers are
unrealizable
6. They are not
"Loyalty" programs anyway
7. They are
expensive to execute
8. They breed
complacency
Fresh prepared
Ready-2-Eat and Heat-N-Eat food is compelling. It does drive top line sales and
bottom line profits while driving frequency because it is simple for the
consumer to understand while satisfying the urgency of I want it now.
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