For Love or Money™ 2021 Australia and New Zealand : Comprehensive comparison report
What’s in this report that will make a difference to your customer loyalty strategies and loyalty program success?
This is a comparison of the results from the For Love or Money™ 2021 consumer research study for Australia and New Zealand tracking key trends and insights on customer loyalty and loyalty programs.
Section 1. Tracking changes in the Australia and New Zealand loyalty program landscape
- Profiles of loyalty program members
- Active participation in programs
- Ranking Australian and New Zealand loyalty programs – ‘doing a very good job’
Section 2. The impact of COVID-19 on brand loyalty and loyalty programs - 2020 and 2021
- The impact of COVID-19 on brand loyalty: Looking back at 2020
- The influence of loyalty programs while COVID-19 prevails
Section 3. Attitudes to ‘loyalty’ and loyalty programs
- What is loyalty? The consumers’ point of view
- Do brands need a loyalty program to keep their customers loyal?
- Are loyalty programs improving?
- Where should programs improve in the future?
- Improvement of loyalty programs to-date vs future focus
Section 4. Member interaction and engagement
- Member interaction, identification and payment integration
- Ranking the three principles for optimising the loyalty program experience
- What are the most important moments of a member’s experience with a loyalty program?
Section 5. Loyalty program structures and benefits
- Subscriptions: Loyalty programs with free membership vs with a subscription fee
- Partner ecosystem: Earn and redeem rewards within vs beyond the brand specific program
- Timing of rewards: Earning rewards instantly vs earning rewards for future purchases
- Rewards for referrals: Earning rewards for referrals vs no rewards for referrals
- Cashback shopping platforms: Awareness and interest
- Gamification: Loyalty programs and gamification
Section 6. The five loyalty program persona profiles
- Loyalty program member personal profiles. A benchmark was set in 2019 – what’s changed?
Section 7. Loyalty program data collection and use: privacy, personalisation and trust
- How do members feel about loyalty programs collecting and using their information?
- What do members consider when providing their data to loyalty programs?
- Loyalty program terms and conditions - do members read them?
- How is loyalty program personalisation performing?