Loyalty management on Retail of Dynamic 365
Loyalty Management
Loyalty Management with Microsoft Dynamics 365 for Retail provides businesses a complete solution to drive customers to return, improve customer engagement and increase customer satisfaction. The Omni-channel Microsoft Dynamics Loyalty solution includes Member Awards, Rewards, Point Redemptions, Promotions support. The D365 Loyalty solution is fully integrated with the Point of Sale and also provides capability to be integrated with Mobile Apps, Ecommerce Web stores and also to the Call center so that a single customer view is available irrespective of the channel.
Loyalty Member Profile on Microsoft Dynamics 365 for Retail Point of SaleLoyalty members get self-service capability to view transactions on a mobile application, customer portal or a store kiosk. The Microsoft Dynamics 365-based loyalty program can help increase customer stickiness by rewarding customers for buying products or services in your retail or online stores.
Key Features are:
- Loyalty Tiers: Setup multiple loyalty tiers such as Silver, Gold, Platinum to appropriately segment your members.
- Point Accruals and Earning Rules: Define earning rules to identify the activities that a customer can complete to earn rewards. Earnings can be at different levels for different tier members. For example Silver and Gold members may earn 1 point for every dollar but Platinum members may earn 2 points for every dollar spent with you.
- Activity based Awards: Setup awards for activities. For example, offering 500 points to new members for signing up and completing your profile.
- Point Redemption Rules: You can also define redemption rules to identify when and how a customer can redeem rewards.
- Rewards and Promotions: Set up the types of rewards that you offer in your loyalty programs and track participation in your loyalty programs.
- Event –based Promotions: Setup Event-based promotions such as free gift in the birthday month of a member.
- Householding: Track member Householding to get an aggregate view of a household. Be able to have multiple cards for a member.
- Digital Cards and Physical Cards: Support for Member identification via digital cards using a QR Code or a Physical card that can be swiped in-store.
- Alternative Member IDs: Support for alternative member IDs such as phone numbers, email addresses to find and associate a member with a sale.
- Customer Satisfaction Awards: Award bonus points for customer satisfaction to resolve issues with appropriate security controls.
- Transfer of Loyalty Points: Allow transfer of points from one card to another or one member to another
- Gifting of Loyalty Points: Allow gifting of loyalty points from one member to another
- Offline Support: Allow accrual of loyalty points even when the store is offline without Internet.
- Appropriate Liability Recognition and Accounting Posting: Ability to post an appropriate liability in the Balance sheet for Loyalty Balance in the System
- Expiration of Points: Allow Expiration of Points without activity after a certain time period.
Points Accrual and Loyalty Tiers with Microsoft Dynamics 365 for Retail
The Loyalty Program can be configured to define the types of points, awards, rewards that you offer to your program members.
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- Point Earnings can be accrued based on different rules. The rules can vary by items, item categories. Points can be earned based on total spend, total quantity purchased or total amount of the transaction.
- Reward points can be redeemable or nonredeemable. Redemption rules can be configured to determine the conversion ratio of points to dollars with exclusions for items, item categories, black-out dates.
- Customers can exchange redeemable reward points for discounts, products or services.
- Loyalty Tiers with rules to advance from one tier to another e.g. Silver, Gold, Diamond and Platinum as shown below.
- Award points (including Non-redeemable reward points) can be used for tracking purposes or to advance a customer to the next loyalty tier.
- The tier status can be awarded for a fixed period e.g. Diamond Status for next year and can be based on performance of an alternate period e.g. Current Yer, Prior Quarter or Prior Year.
- Tier Advancement can be done based on Loyalty Points Earned, Amount Spent, Total number of Transactions or a combination.
Loyalty Cards with Microsoft Dynamics 365 for Retail
- Loyalty cards entitle card holders to participate in organization’s loyalty programs.
- Loyalty cards can be issued anonymously, or they can be assigned to a specific customer.
- If a loyalty card is assigned to a customer, the customer can redeem loyalty points from multiple associated loyalty cards, if the loyalty program allows this.
- Loyalty cards can be issued from any retail channel, and loyalty points can be redeemed in any retail channel that participates in the loyalty programs that are assigned to the loyalty card.
Promotions Management with Microsoft Dynamics 365 for Retail
- Define promotions for members
- Define ranges for dollar spending limits, quantities, start and end dates/times.
- Define channels ( Web, Store, Call center, Mobile App etc.) that will participate in promotion
- Define discount rules and how they will be applied
- Apply discounts to orders
- Configure Promotion Limitations e.g. only for certain stores, regions, date limiters, applicability to member tiers.
posted on 2021-03-10 14:44 lingdanglfw 阅读(132) 评论(0) 编辑 收藏 举报