Growth•2024-02-28•5 min read
Forget Punch Cards: The New Era of Loyalty
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Lisa ChenBlog Image Placeholder
Acquiring a new customer costs 5x more than retaining an existing one. Yet, many restaurants treat loyalty as an afterthought.
Data-Driven Rewards
A digital system like SmarTables tracks what your VIPs actually eat. Don't offer a free coffee to a wine lover. Send them a discount on their favorite Pinot Noir instead.
Gamification
Turn dining into a game. Unlock 'levels' or 'badges' for trying different menu items. It sounds silly, but it works incredibly well for engagement.
Instant Gratification
The reward should be redeemable immediately. If they have to wait 24 hours for points to show up, the excitement is gone.