Hybrid Loyalty Programs
A hybrid loyalty program is a combination of two or more loyalty programs customized to cater to precise customer requirements and deliver beyond their expectations. It could be a combination of earn and burn, tiered, perks, or any other loyalty programs to give customers points and classify them into various levels/categories. Apart from this basic hybrid structure, as the brands advance, they could combine advanced programs like coalition programs where partnering with two or more brands is possible.
Features and benefits
Needless to say, two or more loyalty programs together could enhance the loyalty experience that a brand can deliver for its customers.
Hybrid loyalty examples
Top-tier customers expect to be treated exclusively. The hybrid program could be an ideal option to recognize and reward them with a combination of unique programs delivering the best loyalty experience.
The program is ideal for fashion and lifestyle, beauty, athleisure, and home decor categories.
How can the hybrid loyalty program benefit your business?
Loyalty programs are implemented by brands to give something extra and special to their customers. In this case, hybrid loyalty programs can be considered a few steps further as it combines features of many loyalty programs to create an unforgettable experience for customers.
Create successful hybrid loyalty programs to design bespoke loyalty solutions for your business