Customer Profiling in Loyalty

14Aug

Customer Profiling in Loyalty

Laura Lloyd | Loyalty, All, Customer Loyalty | Customer Loyalty, Loyalty Insights and Statistics | Return|

There are three customer profiling methods that can be utilised to segment and form a profile of your customer. Talk to us to understand how we can help you use these approaches in your loyalty programme.

Psychographic Approach

A classic approach to split customers into defined market segments.

Lifestyle and demographics - factors such as age, location and gender
Activities, interests and opinions - what customers like and enjoy verse not
Values, attitudes and social class - factors such as social class, attitude to spending money, where and in what they place value

Customer Typology

Loyal customer - your brand advocates, the people that want to shout about you , your top VIPs.
Discount customer - they are influenced by discounts and may only purchase if the product is discounted.
Impulsive customer - more emotional-driven purchasing without specific purpose.
Need-based customer - they have a necessity for the product, they know what they want but they will come and go quickly

Customer Characteristics Approach

Connectivity-driven - the customer has an emotional stake in the company and wants to feel part of a community with likeminded people.
Personalisation-driven - they want a product personalised to their exact needs and may be influenced by its look or service
Convenience-driven - the quickest and easiest way to purchase the product determines their buying decision

About the Author

Laura Lloyd

Laura’s goal is to develop partnerships with clients, seeking to understand their challenges in order to provide creative, value add solutions. Laura always seeks to provide a 'no challenge is too big, no problem is too small' attitude and aims to always exceed expectations.

The International Loyalty Awards

Laura Lloyd

Stream Loyalty are proud to announce that Stream will be sponsoring the Best Eco-Loyalty Initiative ...

Loyalty Programme Participation Insights into the B2B member

Laura Lloyd

Take a look at B2B loyalty programme engagement drivers and what makes a programme successful.

The Evolution of Loyalty Programmes: From Sperry & Hutchinson to Modern Multi-Faceted Loyalty Programmes

Melanie Parker

This article explores the evolution of loyalty programmes, from their early origins to the modern st...

Redefining B2B Relationships: The Power of Modern Loyalty Programmes

Mark Maclure

B2B relationships have undergone a significant transformation since loyalty programmes first started...

Gold Release: Elevating Flexibility, Control and Member Experience in LoyaltyStream®

Laura Lloyd

This much anticipated Gold release marks a significant step forward in the evolution of LoyaltyStrea...

Fostering a Culture of Trust, Collaboration and Passion for What We Do.

Melanie Parker

It took a pandemic to revolutionise how we work, how we measure value and how we support each other ...

LoyaltyStream Key Features

21 loyalty campaign types to suit every business
Options to deploy gamification campaigns such as Spin-To-Win and Prize Draws as well as Badges
Ability to track and reward all behaviours from transactions to actions
In-depth visual analytics and insights on Campaigns, Members, actions and transactions
Customisable CRM and segmentation options to suit your Member profile
Scalable modular SaaS platform that can grow with your business

Resources