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The most successful customer loyalty programs give the people exactly what they want. For quick service restaurant chains like Starbucks, that means offering program members a diverse menu of options to customize, order, and pay for items via mobile app; score personalized offers; earn points towards free food and beverages; and much more. It’s no wonder that rewards members generate more than half of Starbucks’s U.S. sales, nor is it any wonder why so many QSRs are launching loyalty programs of their own: two-fifths of QSR customers say they would spend more at restaurants that offer personalized loyalty initiatives.
The most effective customer loyalty programs don’t simply strengthen customer loyalty and boost revenue, however. They also provide QSRs with a constant flow of first-party data — customer information and insight that can be used to further personalize the customer experience, drive innovation, and navigate an ever-changing marketplace.