Results 1 to 8 of 8

Thread: Framing a Reward is as important as the Reward itself

  1. #1
    Web Consultant
    Array
    Join Date
    Aug 2008
    Location
    127.0.0.1
    Posts
    9,732
    Thanks (Given)
    12
    Thanks (Received)
    2
    Likes (Given)
    1069
    Likes (Received)
    978

    Default Framing a Reward is as important as the Reward itself

    We've had a lot of questions about loyalty and rewards programs. Feedback is mixed depending on who you ask. This article suggests approaching it from a different angle. Not according to the offer, but according to what kind of engagement it creates overall.

    Here’s one idea. Instead of asking, “What rewards should we give away?” ask “How should we give away a reward?” It might not be the reward per se, but how the reward is framed, and the steps customers must take to obtain the reward, that matters.
    Read the article here: https://www.nirandfar.com/2014/11/framing.html

    Has anyone tried a rewards program? Did it work? If not, did you learn anything about why it failed that you can share with the group?
    WordPress Websites | WordPress Support

    Free tools to test your website for errors and security vulnerabilities: Test Your Website

  2. #2
    Registered User
    Array
    Join Date
    Dec 2012
    Location
    New York
    Posts
    712
    Thanks (Given)
    0
    Thanks (Received)
    4
    Likes (Given)
    12
    Likes (Received)
    150

    Default

    One of the most effective “reward” program I’ve seen is “Kohls Bucks”. Kohls is a mid price dept store. For every $ 50 you spend they give you a $ 10 certificate for your next purchase.

    Kohls happens to be convenient for me, so I do shop there. I wouldn’t go out of my way to go there just because of the reward. However, whenever I get my “reward” of $ 10 or $ 20 I feel compelled to go back to spend it. Again, because it is so convenient not because of the reward itself. So of course I go back, spend more than the reward and then get new rewards. It works on me and many of the local shoppers. My wife and her sisters always have some Kohls bucks they need to use!

    I assume other dept stores have similar rewards.

  3. Likes Harold Mansfield liked this post
  4. #3
    Registered User
    Array
    tallen's Avatar

    Join Date
    Dec 2012
    Location
    New Hampshire & Maine
    Posts
    547
    Thanks (Given)
    1
    Thanks (Received)
    0
    Likes (Given)
    32
    Likes (Received)
    104

    Default

    Quote Originally Posted by Paul View Post
    My wife and her sisters always have some Kohls bucks they need to use!
    Need, definitely need! LoL!

  5. #4
    Web Consultant
    Array
    Join Date
    Aug 2008
    Location
    127.0.0.1
    Posts
    9,732
    Thanks (Given)
    12
    Thanks (Received)
    2
    Likes (Given)
    1069
    Likes (Received)
    978

    Default

    Quote Originally Posted by Paul View Post
    One of the most effective “reward” program I’ve seen is “Kohls Bucks”. Kohls is a mid price dept store. For every $ 50 you spend they give you a $ 10 certificate for your next purchase.

    Kohls happens to be convenient for me, so I do shop there. I wouldn’t go out of my way to go there just because of the reward. However, whenever I get my “reward” of $ 10 or $ 20 I feel compelled to go back to spend it. Again, because it is so convenient not because of the reward itself. So of course I go back, spend more than the reward and then get new rewards.
    Perfect example of exactly what the article is talking about.

    Too many times people get caught up in trying to make the offer or giveaway so spectacular in hopes that the offer itself will draw more users/customers instead of catering an offer to increase engagement...which in tune probably increases referrals.
    WordPress Websites | WordPress Support

    Free tools to test your website for errors and security vulnerabilities: Test Your Website

  6. #5
    Registered Member
    Array
    Join Date
    May 2018
    Posts
    10
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    I've seen is "Kohls Bucks". Kohls is a mid cost dept store. For each $ 40 you spend they give you a $ 10 declaration for your next buy

  7. #6
    Registered User
    Array
    Join Date
    Apr 2018
    Location
    Philippines
    Posts
    46
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Loyalty reward is the usual one that business always give to their clients in which every purchase has points that will be converted to a gift.

  8. #7
    Registered User
    Array
    Join Date
    Jun 2018
    Posts
    10
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    In any case, at whatever point I get my "reward" of $ 10 or $ 20 I feel constrained to return to spend it. Once more, since it is so advantageous not on account of the reward itself. So obviously I return, spend more than the reward and afterward get new rewards. It deals with me and a large number of the neighborhood customers. My better half and her sisters dependably have a few Kohls bucks they have to utilize!

  9. #8
    Registered User
    Array
    Join Date
    Jun 2018
    Posts
    9
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Too often individuals become involved with attempting to make the offer or giveaway so astounding with the expectation that the offer itself will draw more clients/clients as opposed to providing food an offer to increment engagement...which in order most likely builds referrals.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •