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Loyalty Program defection increases when rewards are slow

Maritz Loyalty Marketing Reveals Top Reasons Customers Leave and Recommends Strategies to Keep Them

When consumers leave a loyalty/rewards program, most (70 percent) cite the length of time it takes to build up points as the primary reason, according to a Maritz Poll commissioned by Maritz Loyalty Marketing.  The number jumps to 79 percent in the critical 18 – 24 age group. “Marketers need to provide consumers with realistic and achievable goals,” said Gail Sneed, market development director at Maritz Loyalty Marketing.  “Particularly with the crucial college-age demographic, it’s the chance to win or lose a lifelong customer.”  

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Hermitage Hospitality appoints Director of Development

International Hotel Management Company Hermitage Hospitality Ltd. announced the appointment of  David J. Horne as its Moscow-based Director of Development.  Mr. Horne will be responsible for all aspects of hotel development, including activities with major consulting groups and individual investors and developers on various hotel developments in Russia and Former Soviet Union.

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Free Flow Wines pioneers wine on tap

Free Flow Wines now kegs more than 350 premium wine brands and services more than 2,000 restaurants, hotels, sports, and entertainment venues in the US.

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New GM named for The Pierre New York, a Taj Hotel

Former Pierre Manager Returns to Lead Historic Hotel into its 75th Year. Taj Hotels Resorts and Palaces has named Heiko Kuenstle general manager of The Pierre New York, a Taj Hotel. The Pierre is delighted to welcome back an old friend, as Kuenstle spent four years earlier in his hospitality career at the landmark hotel on New York’s Fifth Avenue.

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PATA News

This week’s PATA news and update….

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Loyalty Program defection increases when rewards are slow

Maritz Loyalty Marketing Reveals Top Reasons Customers Leave and Recommends Strategies to Keep Them

When consumers leave a loyalty/rewards program, most (70 percent) cite the length of time it takes to build up points as the primary reason, according to a Maritz Poll commissioned by Maritz Loyalty Marketing.  The number jumps to 79 percent in the critical 18 – 24 age group. “Marketers need to provide consumers with realistic and achievable goals,” said Gail Sneed, market development director at Maritz Loyalty Marketing.  “Particularly with the crucial college-age demographic, it’s the chance to win or lose a lifelong customer.”  

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