Category: Personalization

Design customer centric campaigns for enhanced Loyalty

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RETAIN & GROW

Educate users to build trust and boost loyalty

Elevate customer engagement, gather valuable insights, and educate your audience through Perx’s dynamic quiz campaigns. Personalize experiences, drive brand loyalty, and unleash the true potential of your business with our powerful platform

Shalley Mohta, Customer Engagement Strategist

Journey Popularity Index: 

The Rationale

By collecting user preference data through quizzes, brands gain valuable insights into customer preferences, tastes, and behaviors. This data can inform strategic decision-making processes, such as product development, marketing campaigns, and personalized customer experiences

The Benefits

Quizzes offer a direct channel for customers to provide feedback. Brands can gather insights, opinions, and suggestions from users, allowing them to address concerns, improve their offerings, and align their strategies with customer needs

Ideally Suited For

Industry: Retail & E-commerce, Financial Services, Telecom, Food & Beverage
Mobile app: Yes

Key Performance Indicators

Influencing purchase intent, Collecting customer preferences, Increasing product awareness

Perx Powered In-App Quiz

Lia is incentivized to answer a few quiz questions about Windside Retail, and win prizes

1

Action 1: Play Quiz

Participating in the quiz educates Lia about Windside Retail's brand and identity

2

Instant Reward For Customer Action

Completing the quiz triggers a dynamic engagement - a spin-the-wheel game - in which Lia wins a prize

CUSTOMER RETAINED

3

Action 2: Invite a Friend

Lia is impressed by the app user experience, personalized rewards, and dynamic engagement
and refers her friend Jolene

4

Referral Reward

Lia receives $5 credit in her Windside wallet after Jolene accepts Lia's invitation and signs-up for an account

NEW-USER GROWTH

5

Reward for transaction by Referee

On making her first purchase, Jolene receives a $10 voucher and Lia receives another $5 cashback referral reward

6

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Global businesses have driven over 5 billion customer-brand interactions on Perx.

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Our Customers

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Keep customer engaged through gamified micro-experiences

ENGAGE & MONETIZE

Delight customers and promote related products

With our innovative platform, businesses can effortlessly drive user actions through timely prompts and nudges, while instantly delighting them with a gamified reward experience, seamlessly blending motivation and gratification

Amrith G, SVP | Marketing & Customer Analytics

Journey Popularity Index: 

The Rationale

Gratifying user journeys not only drive immediate actions but also cultivate long-term engagement, loyalty, and positive brand experiences. It allows businesses to stand out in a competitive landscape, differentiate their offerings, and ultimately achieve their strategic goals by leveraging the power of motivation, instant gratification, and gamification

The Benefits

Implementing this use-case enables businesses to boost user engagement, improve conversion rates, enhance customer satisfaction, gain valuable data-driven insights, and gain a competitive edge. The combination of nudges and rewards drives actions, fosters loyalty, and delivers measurable results

Ideally Suited For

Industry: Industry: Financial Services and Banking, Telecom
Mobile app: Not Required

Key Performance Indicators

Action completion rate, conversion rate, customer lifetime value

Prompt For Customer Action

To activate Alena, a Perx-powered campaign encourages her to make her first in-app transaction

1

Action 1: Transact

Alena deposits $500 to complete her first savings milestone

2

CUSTOMER ENGAGED

Instant Gratification

Alena is instantly gratified with a gamified reward experience for completing her first transaction

3

Engagement Through Gamified Reward

Alena receives a personalized reward, tailored via the spin-the-wheel game. By tapping on the screen and spinning the wheel, she receives her reward and can save it in her digital wallet

CUSTOMER DELIGHTED

4

Product Cross-sell

To monetize Alena, a personalized credit card offer is presented to her

5

Action 2: Card Application

Intrigued by the offer, Alena applies for a credit card

6

CUSTOMER MONETIZED

Instant Reward For Customer Action

Upon approval of the account, Alena instantly gets rewarded with her personalized gift

7

Nudging Next Customer Action

To encourage Alena to start transacting, she is sent a cashback offer on her new credit card

8

Action 3: Credit Card Use

She uses her credit card to make online transactions and is instantly gratified with cashback

9

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Global businesses have driven over 5 billion customer-brand interactions on Perx.

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Unlocking Growth: The Power of Personalized Customer Experiences

Unlocking Growth: The Power of Personalized Customer Experiences

Unlocking Growth: The Power of Personalized Customer Experiences

Unlocking Growth: The Power of Personalized Customer Experiences

Learn how personalized experiences and rewards programs can deepen customer loyalty and increase revenue.

MarTech Blogger | Mar 02, 2023


Picture this: you’re staring at a graph of your customer data, and suddenly, it hits you – this isn’t just a pretty picture, it’s the key to unlocking growth in loyalty and revenue! But how do you do it? The secret lies in creating customer experiences that are as unique as each person you serve. In this age of non-stop digital communication, consumers are looking for more than just basic interactions. They want businesses that understand their needs and go above and beyond to meet these needs. So, don’t be just a data hoarder – use that information to create hyper-personalized interactions that surprise and delight your customers.

Personalization: The Key to Building Brand Loyalty and Revenue

Personalization: The Key to Building Brand Loyalty and Revenue

Delivering personalized experiences is a key driver of success. Customers demand tailored content and experiences, and companies that fail to provide those, risk losing market share. According to McKinsey, personalization has become a ‘need-to-have’,  with retailers experiencing boosted brand loyalty and reduction of marketing expenses by up to 10-20%. To thrive, businesses must harness customer data to create personalized experiences and reward programs for their most loyal customers.

McKinsey highlights that personalized interactions with repeat buyers can deliver up to three times the returns on investment compared to efforts that target all customers. By placing a premium on personalization, companies can build lasting customer relationships that drive revenue growth and set them apart from competitors.

Leveraging data to personalize customer experiences

Personalization has the power to create a strong psychological link between customers and brands. By tailoring experiences to customers’ interests and preferences, companies can deepen loyalty, win over new customers, and increase revenue. But how do you get customers to willingly share their personal information?

According to PwC, customers are more willing to share personal information when they believe a brand truly understands their needs and values. In fact, customers who feel appreciated by a brand are willing to pay up to 16% more for their products and services. This emphasizes the importance of creating positive experiences that resonate with customers and make them feel valued.

Getting started with personalization

Instead of starting from scratch, businesses can use their existing CRM data to create more meaningful interactions. Moreover, to create an experience that truly stands out, companies should reach out to customers through multiple channels, from social media to email to in-person interactions. The key to success is being able to adapt and adjust on the fly, based on real-time data collection and analysis. With these tactics in your arsenal, you can create a loyal customer base and drive revenue growth for your business.

Leveraging data to personalize customer experiences

Personalization has become a critical aspect of customer engagement, and Perx can enable businesses to implement it successfully. Are you ready to level up your customer engagement strategy? The Perx Platform supercharges user acquisition, in-app engagements, and transactions, MAU, upsell, cross-sell, and lowers churn, in the most cost-effective manner. We invite you to try our end-to-end customer engagement and loyalty platform out for yourself. Request a demo to see how this technology can help you now.

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Global businesses have driven over 5 billion customer-brand interactions on Perx.

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Future-Proofing Customer Experience Personalization

Future-proofing customer experience personalization:

6 essential strategies for your rewards program

Amrith Ganesh

MarTech Blogger | April 29, 2022


Your customer data management process is critical to the success of your business. Without a customer data platform designed to support your digital marketing strategy, your rewards program will be ineffective at best.

What makes personalized customer experiences and engagement critical to achieving your business goals? According to one study, customers who are 90% engaged buy 90% more often and spend 60% more per transaction. Therefore, your data management and analysis processes are vital to creating highly customized customer journeys that drive continual engagement and revenues for your brand.

6 data-driven steps to a highly effective rewards program

Customer experience personalization is key to an effective, long-term digital marketing strategy. These six strategies are essential to building future-proofed, hyper-personalized customer experiences.

1. Consolidate your data

Data is frequently stored in separate ERP, MRP, CRM, marketing automation, web analytics, call center platforms, and other systems. As a result, most customer feedback analytics programs are inefficient since many of them waste a significant amount of data.

Using a centralized customer data platform can help you make sense of the data you’ve collected. Once your data is consolidated, cleaned, sorted, and segmented, you can leverage it to build the highly personalized experience journeys your customers crave.

Example: Perx has partnered with ONESIAM to help create a SuperApp. By bringing together more than 1,000 companies across various industries, opportunities are created to collate data into a clear picture of customers and their lifestyles.

This data can then be used to develop an overarching customer journey that is highly personalized and enhanced with gamification. Customer loyalty to any individual partner results in universal rewards (VIZ COIN) that can be converted and redeemed across any of the companies involved in the platform.

2. Dynamically engage customers and their evolving lifestyles

As conceptualized by Gartner, dynamic customer engagement is an alternative to reactive service. Companies using this method analyze customer data to turn every interaction into an opportunity to delight their customers and make them targeted, personalized offers. Such opportunities are plentiful because, as Gartner adds, only 9% of customers’ issues are resolved through self-service.

Organizations can invest in designing an elevated and seamless integration of offline and online experiences to offer meaningful and rewarding customer journeys that can continually adapt to future customers’ needs.

Perx’s partnership with ONESIAM supports a Universe of Extraordinary Experiences, and maximizes what customers gain from each spending by transforming existing Loyalty Programs into a value creation system.

The ONESIAM SuperApp can recognize patterns in user behavior thanks to AI-based technology. For example, the AI analyzes purchasing behaviors, predicts each customer’s next purchase, and curates a selection of products and services based on each user’s interests as part of hyper-personalized marketing.

Using data to engage consumers in this way dynamically drives the creation of campaigns that meet customer needs and enhance the integrated experience for robust customer engagement and retention.

3. Leverage data through gamification and customer loyalty programs

Develop a loyalty rewards program that offers hyper-personalized rewards that excite and engage users and create a shopping experience where purchases are made to elevate the quality of life and enhance potential.

Just as VIZ COINS in the ONESIAM SuperApp can be earned and spent with greater ease and excitement thanks to the gamified experience, individual brands can leverage the power of gamification to expand and improve their rewards program.

By reimagining how to engage and reward your most loyal customer, you can create future-proof fans of your brand who can also become brand ambassadors.

4. Personalize all engagement, but focus on digital-first

Build a digital-first framework that is designed to support ongoing customer experience journeys, not just one-off interactions.

McKinsey notes that “Today’s personalization leaders have found proven ways to drive 5-15% increases in revenue and 10-30% increases in marketing-spend efficiency — predominantly by deploying product recommendations and triggered communications within singular channels.”

Using data to create deeply personal, dynamic experiences for your customers will increase their trust for your brand and lead them to choose you again and again over other options put before them by your competitors.

Concentrating on digital channels helps make your messaging part of their daily lifestyle, until checking their progress in a game or what rewards they have unlocked becomes as natural and routine as getting dressed in the morning.

5. Exhibit digital empathy to leverage your customer’s emotions

Leading with compassion is critical to succeeding on digital. Cold and sterile offers won’t work; you have to connect emotionally with your audience.

According to Deloitte, 90% of customers find personalization appealing, and 4 out of 5 customers are more likely to purchase from a company that offers personalized experiences.

“The combination of convenience, customer understanding, and emotional engagement drives loyalty in customers and increases returns for organizations. Emotionally engaged, loyal customers not only spend twice as much as those who are not engaged, but 80% of them will recommend the brand to friends and family.”

When you connect with your customers on a basic level, they feel that you truly have taken the time to get to know them, and you can build on this customer relationship to drive actions and revenues.

6. Reap the benefits of hyper-personalization via gamification

With a solid customer data management strategy, you can focus on establishing a digital lifestyle ecosystem that drives business toward sustainability through the co-creation of shared value.

Maximize revenues through detailed product targeting and deployment of a robust and informed recommendation engine that can deliver individualized pricing and offers based on customer purchasing behaviors.

Lower customer acquisition costs by improving retention rates through increased brand stickiness and turning loyal customers into brand advocates. Additionally, reduce operational costs by implementing workflow automation streamlining customer interactions.

Elevate and future-proof customer experience personalization with in-moment customer journeys, 24/7, tailored customer service, and real-time customer segmentation. By delivering continual, consistent, and exciting customer experiences and rewards, you can build brand stickiness that won’t be beat.

Perx can provide the lifestyle marketing and customer data platform you need and the tools to build customer experiences and rewards programs that will stand the test of time.

Download the ONESIAM / Perx partnership case study to learn more about how you can improve customer engagement and elevate your loyalty program through gamification.

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Global businesses have driven over 5 billion customer-brand interactions on Perx.

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How a Personalized Customer Experience Increases Revenue and Loyalty

How a Personalized Customer Experience Increases Revenue and Loyalty

Grace Alexander

MarTech Blogger | April 14, 2022


You know what your customers want, what they’re interested in, and how they like to communicate. That is, if you’re using data effectively. But how can you turn that information from points on a graph into real-time actionable fuel for top line growth in loyalty and revenue generation?

The key lies in the kinds of customer experiences you create. In an era of constant digital communication between people and companies, having hyper-personalized and meaningful interactions with consumers is what stands out.

Surprise and delight your customers by proactively acknowledging and fulfilling their asks.

Building revenue and brand loyalty with personalization

One of the first points to understand about personalized customer experiences is that shoppers have come to expect this level of custom treatment.

McKinsey reported that personalization has moved from nice-to-have to need-to-have. People expect customized content, and they may devalue companies that don’t offer it. In retail, personalization can lift brand loyalty while lowering marketing expenses by 10-20%. Even in the grocery space, where companies deal with large customer bases and must launch all their programs at scale, a customized experience can lift sales by 1-2%.

Personalization is tied to a few of the other concepts that have powered retail in recent years, namely the increasing use of data and the development of effective rewards schemes for a brand’s most loyal shoppers.

McKinsey’s report added that personalized interactions aiming at customers who are already repeat buyers can drive powerful return on investment, at three times the rate of efforts that target all customers. From there, these customers repeatedly provide data as they return and interact with the company multiple times, making purchases or redeeming rewards. That information further fuels personalization and deepens the bond of loyalty.

Creating truly unique experiences with hyper-personalization

While companies have been using limited forms of customized outreach for years — segmenting their audiences and tailoring experiences based on interests and demographics — modern personalization is different. The era of hyper-personalization is here, where each individual has unique brand interaction experiences.

What’s the fundamental difference between doubling-down on segmentation and adopting real hyper-personalization? According to Deloitte, a real commitment to modern customized customer experiences means changing the entire way a business thinks about the customer journey and its relationship with its audience.

A hyper-personalized experience could start with a recommendation engine powered by advanced analytics categories, such as artificial intelligence (AI). This allows companies to create truly unique suggestions from each individual. From there, the use cases become more advanced, from personal pricing to products designed for a single person.

Example: Cadbury’s social media success

As a real-world example of its customer experience research, Deloitte reported that the confectioner Cadbury created highly personalized display ads based on customer data, provided with consent through Facebook. These custom marketing messages earned click-through rates of 65% and conversion rates just over one-third.

Probing the psychological link between personalization and brand loyalty

Personalization has the power to deepen the loyalty of existing shoppers and even, as in the Cadbury example, to win over new prospective customers. The key to getting these reactions, rather than making customers uneasy with the level of data companies are using, is to focus on positive experiences.

When personalization goes right

When are people most likely to willingly share their data and get customized experiences in return? According to PricewaterhouseCoopers, the key is to provide products or services that people truly value. In those cases, 63% of consumers are more willing to give companies personal information. This is significant, as 43% of people are generally opposed to data collection by businesses.

When a brand is closely aligned with a person’s lifestyle and interests, there is room to create a deep and lasting relationship. A customer who feels a brand appreciates them is willing to pay up to 16% more for that business’s services and goods, and will stay more loyal over time, according to the PwC data.

When personalization goes wrong

Just as there are companies that use customization effectively, there are those that make mistakes. Psychology Today noted some of the tactics consumers don’t like. Sometimes, a business can attempt to create a connection with audiences but fail, because they’ve gone too far. People who feel manipulated by a business, or who did not realize how much of their information a marketer has, may feel unhappy about losing control of their data.

While trying for a deep connection can backfire, so can shallow efforts at personalization. When a business makes a recommendation that is seen as stereotypical, that can drive customers away. The same goes for trying to give people information they already have. These surface-level efforts at customization don’t suit the preference for real understanding and mutual trust.

Taking customer engagement and personalization to the next level

How do companies get started personalizing their interactions with customers? A separate McKinsey report recommended that brands can begin their efforts sooner than they may assume. Rather than launching new efforts to organize or rethink data, businesses can use existing interaction data from their customer relationship management (CRM) systems.

Early efforts to personalize the customer experience should reach consumers through many different communication channels, rather than just one. There should be mechanisms in place for the business’s teams to collect real-time data on their new, personalized interactions and adjust on the fly based on their findings.

Personalizing customer experiences with Perx

If you’re hoping to join the many companies embracing personalization as a pillar of customer engagement marketing, Perx is the perfect customer engagement platform for you. Perx is a lifestyle marketing platform, meaning that customizing offers based on customer data is in the technology’s DNA.

The crux of the Perx customer loyalty management system lies in using data to generate rewards, experiences and interactions that will delight loyal customers. This, in turn, gives your organization further data to deepen your connection with your audience.

To see this cycle for yourself, request a demo.

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Global businesses have driven over 5 billion customer-brand interactions on Perx.

Ready to join them?