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If any of this rings bells for you...

Loyalty Programmes

We've all seen them in operation for supermarkets, petrol retailers, telecoms companies, credit cards, etc. but from company points of view there are always nagging questions. Are they an expense or revenue centre? Do they pay their way? Are they an admin nightmare or a marketing dream? Or both? How do you measure their effectiveness?

The golden rule for efficacy of a loyalty scheme is that it must leverage company strengths and address company weaknesses. Ferryman uses a model called GROWS to assess and score loyalty schemes out of which comes very clear signposts on the right strategic and tactical options to pursue.



Case Study

Case Study: Credit card company

Issue: Strength of consumer proposition under threat from competitive forces

Solution: Built a loyalty scheme leveraging hospitality and leisure industry relationships to fashion a compelling consumer benefit leading to increased loyalty. Ferryman was intimately involved in building the programme from defining and planning, to targeting and negotiating with partners, to systems integration and financial modelling, to launching to the customer base. The scheme has been running successfully for a number of years.

© Ferryman 2003