BUSINESS CHALLENGES
RelWood™ faced multiple challenges that hindered growth and customer engagement:
- Standing Out in a Competitive Market: Unique loyalty rewards are needed to reinforce brand identity.
- Engaging Key Influencers: Influencers such as carpenters and artisans were crucial to driving product advocacy.
- Recognition and Rewards: Formalized rewards were required to sustain loyalty among influencers.
- Driving Repeat Purchases: A strong loyalty program was needed to foster ongoing sales.
- Incentivizing Advocacy: Exclusive perks were critical to ensuring the active promotion of RelWood™.
THEIR ASK
RelWood™ sought a tailored loyalty program to streamline influencer engagement and automate reward mechanisms. Key requirements included:
- A user-friendly mobile application for influencers
- Automated loyalty point tracking and calculation.
- Effortless rewards redemption processes.
- Advanced reporting and dashboards for real-time insights and program management.
THE SOLUTION
Relwood Vriddhi Loyalty Program, designed in collaboration with Loyltwo3ks, offers a seamless digital experience for woodworking and design influencers. The program incorporates:
- Seamless Onboarding: Influencers can download the Relwood Vriddhi app, register, and start earning points by scanning QR codes on product purchases.
- Real-Time Point Tracking: Simplifies point accumulation and allows real-time progress tracking.
- Flexible Rewards Redemption: Points are redeemable for a range of rewards, such as e-vouchers, cash transfers, or exclusive products.
- Refer and Earn: Influencers can invite peers to join the program, earning bonus points for successful referrals.
- Dream Gift Module: Encourages sustained engagement by allowing users to set high-value goals and redeem points for their desired rewards.
- Dedicated Support: An in-app query resolution system enhances user satisfaction by connecting influencers to a customer support team effortlessly.
PROGRAM MANAGEMENT
The Relwood Vriddhi Loyalty Program focuses on simplicity, engagement, and long-term loyalty with key features designed for a seamless experience.
- Effortless Point Management: Influencers easily earn points by scanning QR codes, ensuring accurate tracking and real-time progress updates.
- Diverse Reward Options: The program offers a variety of rewards, from products to e-vouchers and cash, catering to different influencer preferences.
- Brand-Aligned Incentives: Rewards encourage repeat purchases and reinforce brand loyalty by offering meaningful incentives.
- Streamlined Digital Experience: The app integrates point tracking, engagement, and rewards redemption, creating a hassle-free experience for influencers.
- Consistent Communication: Regular notifications motivate influencers with updates on rewards, promotions, and milestones.
USER BASE/CURRENT PERFORMANCE
- A growing influencer network with daily sign-ups.
- Active participation through easy QR code scans for rewards.
- The app simplifies tracking, enhancing engagement and satisfaction.
- Influencers prefer RelWood™, leading to lasting loyalty.
- Consistent rewards and support drive sustained program engagement.
BUSINESS IMPACT
- Increased Engagement: High participation rates through regular QR code scans and rewards accumulation.
- Boosted Sales: Targeted reward campaigns drove measurable sales growth.
- Stronger Loyalty: A robust support system and enticing rewards have cemented influencer trust in RelWood™.
- Sustainable Growth: The program has built lasting relationships with key stakeholders, positioning RelWood™ for continued success in a competitive market.