My handbag is so heavy, I cleared it out this morning and realised it was my purse weighing me down. Now, teaching is not that lucrative so it wasn't my riches giving me backache but the number of loyalty cards in my wallet. Want to take a guess how many I had? 20, and this is how it broke down:
- Clothing: Matalan, Bonmarche, M&Co
- Supermarkets: The Co-Op, Tesco, Nectar
- House & DIY: Homebase, IKEA Family, Wyevale Garden Centres, Wickes
- Other Retail: The Works, Holland & Barrett, GAME, Boots, Go Outdoors
- Food: Nandos, Caffe Nero, independent cafes x 3.
I realise I'm probably the last person in the world to pick up a Nando's card, but that is a lot of loyalty I'm spreading around freely... in fact, am I loyal at all? The only cards I truly use on a weekly basis are Tesco's Clubcard and Caffe Nero. The cards that I have received a benefit from in the past are: The Co-Op which pays me an annual small dividend, Tesco which sends me Clubcard vouchers which I boost for day's out, Boots Advantage points which gives me money off goods occasionally when I redeem them, Caffe Nero which gets me a free coffee every 9 tokens and Go Outdoors provides access to discounts - however this is a slightly different scheme and costs £5 annually as a membership fee. The significant factor for me as a consumer though, is that almost all of these schemes collects my data - personal and behavioural to improve their marketing promotions and shopping experience. This is good for me when I get something back, but it doesn't feel quite so good when I don't.
So it was with interest that I opened my post today from M&S addressing me as a 'valued customer'. I've found myself buying less from the store in recent years sticking to basics and school uniform for the kids. Their mailshot presents their new style loyalty card 'Sparks' which is described as a members' club, giving you 'priority access to M&S new season previews, sales and exciting money-can't-buy experiences'.
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New M&S SPARKS Card |
Once you've registered the card, you can collect Sparks points through shopping, 'shwopping' old items of clothing which are donated to Oxfam and writing product reviews. They will also donate 1p to a M&S charity of your choice every time you use your card.
It's good for corporate social responsibility, sustainability, and building loyalty whilst giving the store the opportunity to understand more about its loyal customers' buying behaviour. The difference with this card is the focus on personalised promotions and access to VIP style events and experiences, rather than money-off coupons.
It's this unique differentiation which makes it feel more modern and relevant. Experiential marketing is a brilliant way to get consumers to live your brand and create positive word of mouth. It reinforces brand values and creates positive associations of indulgent treats, glamour, exclusiveness, etc.
In terms of positioning, it makes M&S feel high end and high heels, rather than drab mid-calf hem lines.
Priority Access kicks in at 3000 sparks which you could achieve after spending just under £300 depending on how many times you shopped but you start to receive personalised offers after 100 sparks.
The scheme launches on October 22nd, 2015 but cards can be registered now. M&S has struggled with its general merchandise business in recent years, despite a stronger performance in food, so it will be interesting to see if this new loyalty scheme can bring a spark back to the business too, and if the card can battle its way to the front of the purse for female consumers in the UK.
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For more information on M&S' performance, read the annual report
here.
For more on their new loyalty scheme, click
here.