liven-academy
liven-academy
19 Apr 2024 • 5 min read
19 Apr 2024 • 5 min read
Loyalty Matters
Loyalty Matters
Loyalty Matters
Loyalty Matters
There’s nothing better in hospo than the customers you get to know because they return repeatedly. The question is, how do you acknowledge that special relationship?
There’s nothing better in hospo than the customers you get to know because they return repeatedly. The question is, how do you acknowledge that special relationship?
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Liven
The ultimate hospo solution
There’s nothing better in hospo than the customers you get to know because they return repeatedly. The question is, how do you acknowledge that special relationship?
I head to Poked, Roll’d, and Shujinko at least once a week. They know me, and I know them - I like them too! Better still, they know how to thank me for sticking with them. Frequently, I buy their brandollars, and each time, I pay with Liven and collect rewards.
I’m not that special in expecting something more for my loyalty. Here are a few stats that might shake you up if you aren’t quite a believer in the importance of a loyalty program.
Loyal customers spend 22.4% more and stay 28% longer.
65% of a company's revenue comes from the repeat business of existing customers.
77% of consumers say they've remained loyal to a specific brand for ten years or more.
84% of consumers say they're more likely to stick with a brand that offers a loyalty program.
66% of consumers say the ability to earn rewards changes their spending behaviour.
Since 2015, there has been a 95% increase in consumers who are members of one or more loyalty programs.
In the last 12 months, consumers’ stated usage of loyalty programs has increased by 18%.
84% of consumers are more likely to stick with a brand that offers a loyalty program.
Over 50% of loyal customers actively recommend the program to others.
The top-performing loyalty programs boost revenue from customers who use them by 15-25% annually.
OK, so still not enough for you - chat to us on liven.love, and we’ll take you through the best operators' strategies to boost loyalty, drive recurring traffic, and increase the value of every order.
There’s nothing better in hospo than the customers you get to know because they return repeatedly. The question is, how do you acknowledge that special relationship?
I head to Poked, Roll’d, and Shujinko at least once a week. They know me, and I know them - I like them too! Better still, they know how to thank me for sticking with them. Frequently, I buy their brandollars, and each time, I pay with Liven and collect rewards.
I’m not that special in expecting something more for my loyalty. Here are a few stats that might shake you up if you aren’t quite a believer in the importance of a loyalty program.
Loyal customers spend 22.4% more and stay 28% longer.
65% of a company's revenue comes from the repeat business of existing customers.
77% of consumers say they've remained loyal to a specific brand for ten years or more.
84% of consumers say they're more likely to stick with a brand that offers a loyalty program.
66% of consumers say the ability to earn rewards changes their spending behaviour.
Since 2015, there has been a 95% increase in consumers who are members of one or more loyalty programs.
In the last 12 months, consumers’ stated usage of loyalty programs has increased by 18%.
84% of consumers are more likely to stick with a brand that offers a loyalty program.
Over 50% of loyal customers actively recommend the program to others.
The top-performing loyalty programs boost revenue from customers who use them by 15-25% annually.
OK, so still not enough for you - chat to us on liven.love, and we’ll take you through the best operators' strategies to boost loyalty, drive recurring traffic, and increase the value of every order.
Liven is the first complete hospitality system that works for you. Loved by over 7,000 venues across Asia Pacific and used by tens of millions of diners and operators annually. To see how Liven can work for you, visit liven.love
Liven is the first complete hospitality system that works for you. Loved by over 7,000 venues across Asia Pacific and used by tens of millions of diners and operators annually. To see how Liven can work for you, visit liven.love
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Keep up to speed with the practices, tools and techniques used by the best operators - and what’s cooking in the Liven Kitchen.
Never miss what’s cooking
Keep up to speed with the practices, tools and techniques used by the best operators - and what’s cooking in the Liven Kitchen.