Your 3 Step Check for FFP Success

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A THREE STEP CHECK TO FREQUENT FLYER PROGRAM SUCCESS 2 3

description

Do your frequent flyer program (FFP) rewards engage all of your customer groups? Try our 3-step check to find out.

Transcript of Your 3 Step Check for FFP Success

Page 1: Your 3 Step Check for FFP Success

A three step check toFrequent Flyer progrAm

success2

3

Page 2: Your 3 Step Check for FFP Success

Frequent Flyer progrAmmes (FFps)

Are complIcAteD BeAsts

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they VAry By sIZe AnD By regIon

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AnD oF course...

VAry By people

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people Are unIque

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so It’s sIlly to thInk thAt your

sAmerequIrements

FFp memBers WIll hAVe the

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memBers hAVe DIFFerent FlyIng pAtterns AnD DIFFerent reDemptIon

rAtes AnD leVels

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It’s reAlly not A

one sIZe FIts All

solutIon

98765432110

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so, hoW Do you

mAnAge these multIple requIrements?

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AnD hoW Do you keep your memBers engAgeD AnD

DrIVIng reVenue?

£ €++

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the FIrst step Is

sImple

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DAtA!

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gIVes you VAluABle InFormAtIon ABout your customers

DAtA!

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DAtA!the

ActuAlly Are

In your progrAm WIll tell you

Who your memBers

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hoW Frequently they Fly

theIr regulAr DestInAtIons

WhAt purchAses they mAke

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thIs AlloWs you to segment your customers Into

DIFFerent groups

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EngagEmEnt(points redemption)

Low HigH

Low not worth pursuing? Encourage to redeem

HigH Keep in touch Love them!

FrEquEncy oF FLying

For exAmple, some AIrlInes Are AlreADy segmentIng theIr customers lIke thIs:

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Better tArget

your promotIons

WIth thIs InsIght you cAn

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tAIloreD promotIons AnD

oFFers

By oFFerIng

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thIs helps to IncreAse personAlIsAtIon

my PromotionS

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WhIch the moDern-DAy consumer

noW DemAnDs

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so, hoW Do you check thAt your reWArD progrAm Is

ADequAtely personAlIseD?

4

4

4

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your DAtA WIll Be

unIque

DAtA!

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But you mAy recognIse some oF these

5 common customer groups

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customer 1l this customer travels on long haul

flights at least once a month

l they earn a free trip easily and accumulate points rapidly

l they see value from your program, but only see the rewards as a way to get free trips…

l so their custom may be at risk, if made aware of a program with better opportunities

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customer 2l travel four or five times a year

l It takes them quite a long time to collect enough points to redeem something like a free flight

l they find it difficult to see the value in your program – and probably don’t feel connected or loyal to your brand

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customer 3l travels reasonably frequently

for business

l A passive collector – they accumulate points but are not engaged in the program

l this customer does not actively choose your brand

l Due to the time spent travelling for business, points towards a free flight will not motivate them to engage

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customer 4l only travel once or twice a year but

accrues points whenever possible

l In the short term, this customer does not appear important…

l however, due to their age you want to get them invested in your brand as could end up being a life-long advocate

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customer 5l customers with busy schedules

l they need to book seats on specific flights and do not have time to wait for a reward seat to become available

l participating in your program can often be a frustration for this customer

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these Are 5 Very DIFFerent

customer groupsAnD there mAy Be mAny more

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so hoW cAn you keep them All

hAppy AnD engAgeD?

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We’Ve come up WIth A

three step check

to help

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your range of rewards should reflect the regions, cultures, ages – as well as other demographics – of all of your members

1. choIce

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make sure your program features the most relevant and up-to-date products, not end-of-line stock or obvious bulk buys

2. AttrActIVeness

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give your customers discounts they weren’t expecting, and make sure your products are competitively priced

3. prIce

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Why Don’t you Apply thIs

check-lIst…

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… to see IF your

FFp reWArDs

progrAm...

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… Is engAgIng All oF your DIFFerent customer groups

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hAVe Any questIons?lIke to knoW more?

get In touch

[email protected]@C_Latitude

#ChangingHorizons