Brand loyalty in the UK is recovering but remains under pressure
A strategic approach is key to competitive loyalty programs
UK supermarkets lead innovation in loyalty programs
What should retailers keep in mind when developing loyalty programs?
Implications for retailers and brands
Sources
Media Gallery
About This Report
Brand loyalty membership is rebounding in the UK as shoppers turn to loyalty programs for savings. Supermarkets are driving innovation, but there is space for brands and retailers of all sizes to boost revenues and forge stronger customer connections.
Brand loyalty in the UK is recovering but remains under pressure
A strategic approach is key to competitive loyalty programs
UK supermarkets lead innovation in loyalty programs
What should retailers keep in mind when developing loyalty programs?
Implications for retailers and brands
Sources
Media Gallery
Brand loyalty is on the rise again in the UK as consumers seek savings amid ongoing inflation. Major supermarkets are developing member pricing strategies and engaging mobile apps. But there are opportunities for retailers and brands of all sizes to leverage loyalty programs to boost revenues and retention and gather valuable first-party data.
Key Question: How can brands and retailers level up their loyalty programs to boost connections and monetize first-party data?
Key Stat: Loyalty programs can boost retention: More than half (56%) of UK adults say they would be more loyal to a particular brand if they were rewarded for their loyalty.
This report can help you:
Developacommerce strategy (retailers, brands)
Showcase opportunities to customers (solution providers)
Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry