With the boom in the retail sector, competition is intense. Retailers today employ several strategies to acquire and retain customers. Loyalty programmes are central to this strategy. However loyalty programmes are today hampered by the use of conventional technology.
The smart loyalty card ushers in the next generation of loyalty programmes. With loyalty point and customer data loaded in their memory these cards do no depend on a back-end or networking to operate. This also makes the loyalty programme outlet neutral and hence operable across locations, across programmes and across outlets. |