New Zealand Top Loyalty Programme is Going Strong
New Zealand's most popular loyalty programme, Fly Buys,
is proving its worth for businesses in tough economic times,
having this week surpassed 5 million reward
redemptions.
With more than 1.1 million New Zealand
households as active Fly Buys Members, the programme has the
highest active household penetration in the world for
loyalty programmes, at 71%. With around 1,500 new Members
joining each week that number is still growing.
Fly
Buys is managed by Loyalty New Zealand. Chief Executive Andy
Symons says, "Our research tells us that during tough times
our customers value Fly Buys more than ever. Members have
said Fly Buys is a major consideration in where they shop
and this offers a key competitive advantage for our
partners."
Fly Buys Participant Liquorland is one of
many businesses who are seeing direct results. Angela
Butler, Marketing Manager explains, "Fly Buys continues to
perform exceptionally well for Liquorland. Our Fly Buys
customers spend nearly double what a non-Fly Buys customer
spends. It's completely measurable and constantly displays
fantastic returns on our campaigns. Fly Buys also gives us a
major point of difference from other liquor retailers.
Liquorland is proud it was a founding member in Fly Buys and
continues to enjoy a prosperous relationship with the Fly
Buys team."
Jamie Stewart, Marketing Manager of
Beaurepaires adds, "In the highly competitive tyre market
Fly Buys is often the difference between getting the sale or
losing it to a competitor. With almost 75% of our retail
customers influenced by Fly Buys in their decision to shop
at Beaurepaires it truly is a powerful tool to have in our
marketing mix."
As the largest loyalty programme in
New Zealand, Fly Buys has more than 40 of New Zealand's
leading retail/service companies participating and seven new
partners joined the programme in the past 12
months.
Reward redemptions have been steady and in the
last year alone 800,000 Fly Buys rewards were redeemed by
New Zealanders. The range of rewards available has also
increased by 30% in the past year with more than 1,000
rewards now on offer.
Fly Buys isn't only for
households, small and medium businesses can use Fly Buys to
collect points and redeem premium rewards including computer
and audio equipment, espresso machines and golfing
getaways.
Mr Symons says Fly Buys is committed to
constantly improving their offering for Members so that it
remains an effective tool for Participants. "We have
introduced some exciting initiatives over the past 18 months
with the launch of new products, offering an extended range
of rewards and introducing real time reward redemptions. The
five million rewards milestone is further proof that Fly
Buys works and continues to deliver the goods for our
Participants and their customers," he
concluded.
ENDS