Woolworths’ Rewards woes may have impacted consumer faith in other loyalty programs
Results of a global study of loyalty programs have revealed that doubts over Woolworths’ new Rewards scheme and its decision to dump Qantas points may have had a knock-on effect on people’s overall perceptions of Australian loyalty programs.
Customer loyalty specialist agency ICLP found that Australians’ “devotion” to brands was one of the lowest in the world, which was having a direct impact on their perceptions of loyalty programs.
Simon Morgan, general manager at ICLP Australia, said the result was, in part, driven by the perception by Australian consumers that many loyalty programs simply did not offer enough ‘rewards’ back to consumers.