Platforms such as Spotify, Amazon, and Netflix have not only innovated how people consume music, shop for everyday items, and watch movies and television—they have also permanently transformed the relationship that consumers have with brands.
By training consumers to expect experiences tailored to their preferences, these platforms have made personalization, convenience, and seamless omnichannel experiences increasingly non negotiable features that brands are expected to deliver with their products and services. Ian Young, Senior Director & Head of Business Development at Comarch, also sees these shifting consumer expectations playing out with loyalty and rewards programs today.
To build lasting emotional loyalty among their members, brands must now think beyond just points and make personalization a key cornerstone of their programs. And to effectively embed seamless personalization across all the channels of their loyalty program, brands must invest in artificial intelligence, according to Young.
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