Remove 10-rewards-increase-customer-engagement
article thumbnail

Victoria’s Secret Looks to Build ‘Lifelong Relationships’ with New Combined Loyalty Program

Retail TouchPoints

(VS&Co)is piloting a new combined loyalty program for Victoria’s Secret and Pink that will allows customers to earn rewards when shopping both brands, regardless of their payment method. Customers previously earned perks through the Pink Nation loyalty program or by using their Victoria’s Secret credit card. in a statement.

Gifts 270
article thumbnail

6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

This steady growth is being driven by an increasing number of social media users (expected to reach 5 billion worldwide this year) and the emergence of the “creator economy,” with influencers playing a significant role in promoting and selling products to their audiences. Social commerce value will keep on growing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Buy CEO Promises Enhanced Personalization, Physical Store Upgrades in FY2025

Retail TouchPoints

Best Buy closed 24 stores in FY 2024 and plans to close 10 to 15 in FY 2025. Increasingly Personalized, Highly Relevant and Motivational Content’ Noting that Best Buy can attribute “roughly 90% of our revenue to known customers,” Barry explained how the retailer would use its loyalty program to elevate personalization.

POS 268
article thumbnail

How is AR/3D Technology Driving Next-Gen Ecommerce Best Practices?

Retail TouchPoints

For example, Nike now has Nike Fit, a mobile shopping feature that helps customers find their perfect shoe fit using their smartphone camera. The furniture and home goods space is another sector of the market that’s seeing increased applications of this technology. What Are the Benefits to Brands that Implement 3D and AR Tech?

article thumbnail

10 Best Rewards To Increase Customer Engagement

Smile.io

The Expert’s Guide to Boosting Program Engagement. Once you're done with this list, get the full scoop on increasing customer engagement with our comprehensive guide! GET THE FREE GUIDE.

article thumbnail

Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

The Bureau of Labor Statistics ’ May 2022 Consumer Price Index showed an increase of 8.6% , the largest 12-month rise since the period ending in December 1981, and on June 15, 2022 the Federal Reserve raised its benchmark interest rate for the third time this year with a.75 7% increase. During The Kroger Co. ’s During The Kroger Co. ’s

article thumbnail

How Retailers can use Digital Product Strategy to Improve CX and Fuel Growth

Retail TouchPoints

With the decline in high street spending and increased online competition from ecommerce stores, companies in the retail space need to be effectively innovating to keep up. The real opportunity lies in using your digital product strategy as a way of improving the customer experience (CX) and finding new growth opportunities.