The concept of a bounceback delivered at the register is not new, but the targeted execution by The Retail Equation/Sysrepublic is different. Retail Rewards® are intelligent, customized incentives, delivered in real-time at the end of a sale or return transaction.
The incentives are optimized to keep shoppers buying whether immediately after a return or within days of a new purchase. The proprietary, patented solution uses sophisticated analytical modeling and actual purchase and return data to identify the incentives most likely to influence each shopper’s future behavior, adding new sales and rewarding loyalty.
Consumers who make a return and then leave the store empty handed cost
retailers billions in lost sales. Claim your fair share of this lucrative consumer segment.
Keep your store revenue numbers up by incentivizing consumers who have made returns to spend their refunds immediately.
Encourage consumers to purchase complementary accessories or favorite brands with intelligent offers issued at the point of sale.
Retail Rewards examines the consumer’s purchase and return history to create and issue an effective incentive at the POS.
Retail Rewards have redemption rates up to 600 percent greater than traditional print or email offers.
Retail Rewards identifies the best incentive to keep a good customer shopping and delivers it at the end of a return or sales transaction. It rewards the consumer for loyalty, and at the same time it turns a routine shopping experience into a recurring revenue opportunity that helps you achieve your near-term sales objectives.
Retail Rewards is also budget-friendly with the marketing cost per sale lower than email, mobile, remarketing, paid social media, or online behavioral targeting.
Make the most of the foot traffic already in your stores with intelligent incentives that encourage a positive customer experience.