3 Essential Features of a Loyalty Software for Businesses

The remarkable pace with which loyalty software solutions have evolved to use new-age tools and technologies have spoilt businesses for choice. However, for every powerful loyalty solution in the market, there exists a sub par version that won’t do your business any good. In this post we will discuss a few critical features that you need in your customer loyalty software in order to retain your customers:

Reporting and analytics 

A modern loyalty system is incomplete with intelligent reporting and analytical tools to help you understand your business and customers better. These tools help you manage the customer information database effectively and provide you with crucial insights on your customers, their spending habits, product choices, and frequency of purchase. A Loyalty Software for Business should, thus, help you effectively create, manage, and analyse a comprehensive customer database.

Real-time notifications

Sending real-time notifications through SMS, E-mail, and if available, the mobile app is important to establish customer trust and loyalty. A cloud-based loyalty management software, that updates all information and transactions in real-time, provides real-time notifications to the customer and the business manager as well. 

Location-based marketing

The concept of personalising rewards and offers according to customer preference has re-written the rules of customer loyalty. However, the effectiveness of this customisation has been aided by the development in geo-tagging and geo-fencing technologies. These have enabled a Loyalty Software for Business to undertake location-based marketing effectively, and in turn, drive prospect conversions and sales. 

When choosing a customer loyalty software for your business, make sure you go with trusted and established names that have a proven track-record and offer a variety of features at cost-competitive prices. Loyera is one such loyalty management software that helps businesses, both big and small, retain their existing customer and attract new ones. With crucial integrations like POS and E-Commerce on offer, Loyera can help optimise your entire business operation and propel you on a trajectory of sustainable growth. The best part is that for small business, Loyera, and all its benefits, cost nothing. If you want to know more about how your business can benefit from Loyera, please get in touch with us today!


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