Critical elements to be considered while devising loyalty strategies for a direct selling business in 2024

Posted by Epixel MLM software on February 1st, 2024

For a customer-centric business like direct selling, loyalty programs are inevitable for it to acquire and retain customers efficiently. From gaining their attention, to catering to their needs, personalizing a product or service according to their choices, to staying in the back of their mind with constant communication and marketing campaigns, it really is a humongous task to stay in line with your customer in a business.  

That said, customer loyalty or loyalty management is indeed a tool without which businesses fail to survive a customer’s choice in the long run. With every businesses adapting vivid ideas to cater to customers, they are spoilt for choices and hence loyalty acts a savior bridge through which brands can stay in constant connect with their customers.  

So what are the essential factors to be considered while weaving a loyalty strategy for a direct selling business in the year 2024?   

  1. Tailored rewards for individuals and individual groups – With data, it is never difficult to find out what customers like and dislike. So if you are rewarding a customer with lactose intolerance with a package of dairy products and goodies, you are only loosing the game. While you go an extra mile to curate a reward package that is vegan-friendly and has zero lactose presence, you are sure to sweep your customer off their feet. And hence, it is important to categorize customers into groups based on their preferences and choices.  

  1. Gamified recognitions – Sometimes it is important to keep your customers engaged than rewarding them. Especially in direct selling businesses where brands aim at prolonged tenure with a customer, leveraging gamification techniques to keep distributors engaged is another way of building loyalty.  

  1. Value-based loyalty programs – Offering customers value-based rewards and benefits could help build long-term customer relationships.  

  1. Transition from discounts – While discounts are one way of getting your customers hooked to your, rewards hits a completely different spot. Rewards has got the power to make your customers feel valued and recognized at the same time.   

  1. Tiered loyalty programs – From stage 1 to stage 10 when customers engage with the brand through shopping and climbing the loyalty ladder, it improves brand loyalty and sales both at the same time.   

  1. Paid loyalty programs – Beyond spending on the brand to purchase a product or service, when a customer stays loyal to you by spending on your loyalty program, you know that the customer is a keeper whom you can count on.  

     

While businesses are on a constant rat race competing to win customer hearts with their branding strategies and marketing campaigns, loyalty is a strategy that is often overlooked at. However, direct selling businesses, since time immemorial has been leveraging the best results of loyalty programs to enhance their customer satisfaction and thus build robust customer relationships beyond just buying and selling businesses. Without which, it will be difficult for a people-oriented business like direct selling to grow and succeed.  

 

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Epixel MLM software
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