In today’s landscape, aside from individuals, brands and associations have also stepped up and started using social media very actively. More and more brands are now wending social media’s way and creating funds for their newly formed social media management and marketing departments. And we cannot blame them because there is no better way for your business to grow nowadays than using social media loyalty programs properly.
B2B and B2C marketing have also noticed the power of social media, and now industry professionals and advisors are encouraging businesses to choose social media loyalty programs. But why are social media loyalty programs important for your company? This article will explain social media’s impact on your business and tell you the success stories of B2B loyalty programs that use social media.
The use of social media loyalty programs is very important for several reasons. Essentially, it is important for your company’s growth. One prime example of that is small and independent businesses. Especially during the COVID-19 pandemic, we have seen a great movement to support local small businesses on social media, where influencers and social media platforms have encouraged users to help small businesses. This has resulted in the emergence of many small companies whose first plan is to create a social media profile and generate a following, sometimes even before putting their product out to the public!
While it is a risky move, there is a chance that it will eventually pay off. Why? Because, in the end, social media is a great tool for marketing. It helps businesses reach out to thousands, if not millions of potential customers all around the globe. This way, they generate a loyal following. Through loyalty programs that use social media, they can also extract data on their customers and use this data to plan their future marketing campaigns. What’s even more fascinating is that this is also a great chance for businesses to stay in touch with their existing pool of customers who use their products.
When taken into action, all of these factors will contribute to your growth as a brand and business and create a pool of loyal customers. Speaking of loyalty, social media can also be used as a way to come up with creative B2C and B2B reward programs. This is what we meant when we said experts are encouraging businesses to use loyalty programs that use social media.
In today’s digital age, social media loyalty programs are invaluable for businesses looking to foster customer loyalty. By leveraging these platforms, companies can create engaging and personalized loyalty programs that resonate with their audience. Here’s a guide on how to do it effectively:
By following these strategies, businesses can effectively use social media to build a robust and loyal customer base. Remember, the key is to create a community around your brand where customers feel valued and connected.
Social media loyalty programs have revolutionized how brands interact with and reward customers. Here are some of the best examples showcasing the effective use of these programs:
We all know and have been to Starbucks. Starbucks is a pioneer in its field. Out of all the roasteries and coffeehouses, Starbucks is one of the most preferred brands by customer feedback, and they have the numbers to back it up. But let’s take a deeper look. There is no way of telling if Starbucks has the best coffee quality. Sure, we all like ordering seasonal drinks like the latte with pumpkin spice, but does Starbucks have one-of-a-kind coffee beans you cannot find anywhere else? Probably not. So, what is the key to their success? Their loyalty campaigns.
Starbucks is one of the most famous brands that use social media loyalty programs. Their loyalty systems are what keep the customers coming. For example, their official application has a favorite rewards system where the users can keep track of the drinks they have bought, where one drink equals one star. Once they reach 15 stars, they get a free tall drink from any Starbucks store. Reward systems like social media loyalty programs are very important, giving customers a reason to keep consuming the product.
For those who may have yet to hear of Ipsy, Ipsy is a subscription-based service that gives its users a supply of five makeup samples each month. Founded by Michelle Phan, a long-time social media user and influencer, the service provides a personalized experience for all its users. Ipsy also uses a similar rewards program, though it’s slightly different. Ipsy prefers implementing social media loyalty programs with engagement tracking for their points system. This creates a win-win situation for both the business and the customer. Therefore, they can generate a wider audience in their social media by directing their existing customers to their platforms, and the customers get to gain points that they can spend on Ipsy’s service. It is a great example of how social media loyalty programs can make a huge difference for businesses.
You can read our previous article from https://www.apexloyalty.com/the-5-best-b2b-loyalty-program-rewards-that-work/
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