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May 2020

1 post from June 2020

To deepen loyalty, turn your customers into members

A membership program helps your customers become brand ambassadors, proud to share their insider status with the larger community. If customers can learn from one another, they can build something together. Being a member is much more satisfying than being a customer. 

The Sociology of Business: From Loyalty to Membership, 2020-Feb-11, by Ana Andjelic

In the modern aspiration economy, consumers are fans, influencers, hobbyists, environmentalists, and collectors. Membership programs are designed for them.... 

The keyword here is not necessarily prestige and exclusivity, but identity and belonging. There’s a pure pleasure in the intimacy of consuming together, along with enjoying status within a community. Thanks to a membership in a community, a hypebeast gets access to new product drops and events. This is the domain of intangibles that most loyalty programs fail to deliver, and that membership excels in.... 

Membership is mentorship... define the activity that members can learn from one another. This activity needs to stem from a brand’s role in culture, environment, or society.

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