Posts Tagged ‘discounts’

How loyalty and reward programmes support the entertainment sector during recession

Wednesday, July 15th, 2009

Times are hard for a lot of businesses at the moment and the country shows little sign of recovering from the recession any time soon. Loyalty and membership programmes offer consumers the great value they are looking for; they can also give businesses what they want in terms of free marketing, plus loyal and regular customers.

Plenty of businesses offer promotional sales but loyalty and membership programmes are a more sustainable way to give discounts. Members know to look within their loyalty programme, whether this is through their directory or online, when they want a reliable, exclusive discount.

Permanent or aggressive high street discounts can be potentially damaging to brand reputation, as they can devalue the brand’s offering in the long-term – something that is notoriously difficult to rebuild. Loyalty and Membership programmes can be a way to combat this as the discount the customer receives feels more like a privilege. When the discount is seen as exclusive to a member, then it is perceived as something of greater value.

The Entertainment Club, operated by The Rocket Marketing Group is a great example of a loyalty and membership programme that supports the entertainment industry. The club offers discounts to members on a range of entertainment from film rental to adrenaline sports, giving members a comprehensive list of activities to keep them entertained. Featured partners include large high street brands and online retailers like Odeon, Blockbuster, HMV, Theatre Tokens, PC World, Firebox, Bowlplex, Virgin Wine and Virgin Experience Days.

A number of the businesses that are featured in The Entertainment Club have seen good sales results this year as people like to look for discounts so that they can continue to enjoy life as much during recession. In this respect loyalty and membership programmes are proving to be useful for partners, helping them to beat the recession. It certainly means that people are changing their spending habits in search of cheaper forms of entertainment, as is the case with Virgin Wines.

Emma Franklin, Virgin Wines Account Manager said: “Staying in is the new going out as people try to find ways to make their money go further. Having wine delivered at home is a perfect solution, and The Entertainment Club puts us in touch with those who are looking for just this kind of service and special introductory offer.”

Other forms of entertainment that are normally prohibitively expensive also have a role in difficult economic times – providing both a form of escapism and also falling into the bracket of affordable entertainment when they are discounted via a loyalty and membership programme. Theatre Tokens has noticed an upward trend in sales this year and feel that the economic downturn could have actually helped sales!

Helen Jones, Marketing Manager for Society of London Theatre comments: “We’ve found that during difficult times people turn to and enjoy entertainment as a way of escaping from the worries of everyday life even if only for a short time. Despite the recession theatre is proving to be popular and our sales of Theatre Tokens have increased by 14% this year compared with the first five months of last year.”

Whatever the public’s reasons for turning to Entertainment Club partners, it remains an effective free marketing tool for businesses, which is sensitive to the mood of the nation. A free marketing solution such as a loyalty and membership programme is a great opportunity for many businesses and those consumers who are continually searching for the best discounts.

Andy Huggins, MD of the Rocket Marketing Group comments: “This year we relaunched The Entertainment Club with a great new look and a fantastic website that is as informative as it is fun. There are some amazing discounts for members, on everything from movies and music to fun, food and drink. And because membership numbers are constantly increasing, then so is the opportunity for businesses to promote themselves, during the harsh economic climate.”

If your business would like to discuss becoming a partner in The Entertainment Club (or another Rocket Marketing Group programme) or for more information on the benefits of promotional marketing please contact Andrew Spratley on 01273 668822 or enquiries@rocketmarketinggroup.com

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Consumer spending during recession

Tuesday, May 5th, 2009

If you believe what the statistics show, then staying in is the new going out. Over the last year the recession has taken hold of Britain and as a result the general public’s spending habits have changed. Through the real fears of redundancy, recession and rising fuel bills people have become more money-conscious. It’s almost no longer a taboo to collect discount vouchers, look for cheaper entertainment or seek discounts in shops and online. A lot of people find the easiest way to save money is to change their spending habits and stop buying non-essential goods and experiences. So how does this affect the businesses that offer these products and services and is there a way to make them affordable during a time of such uncertainty?

Research from Abbey Credit Cards conducted in January has revealed that: “British dining habits are being dramatically affected by the changing economic climate, with over half (56 per cent) of Britons cutting back on eating out.”

They also found that: “Dining ‘al desko’ is also gaining momentum with 17 per cent more starting to take a packed lunch to work in the last 12 months to save money.”

And it is not just the catering industry that is being hit by the public changing their spending habits and cutting back. Cheaper entertainment has seen an increase in business over the last year, as we saw earlier this year when companies such as Cineworld revealed their yearly figures, reporting a rise in sales.

On this, Chairman, Anthony Bloom commented: “Movies have an enduring appeal and a visit to the cinema is relatively low cost when compared with other forms of leisure and entertainment.”

People will continue to spend on large items but maybe less regularly, so what can these businesses do to encourage more regular sales during harsh economic times particularly companies offering experiences that aren’t considered cheap entertainment?

Price Reductions through a managed reward programme can reap good rewards even when people feel they have to change their spending habits, as they encourage a continuance of a certain type of lifestyle. In The Big Savings Club reward programme, The Rocket Marketing Group position companies that are larger, non-essential purchases next to everyday essentials and cheaper entertainment such as supermarkets and cinemas. For members the special experience or product doesn’t seem like so much of a luxury/ treat but rather a privilege of belonging to a reward programme. They need not cut back or go out less often; they can use it as an aid to maintaining a certain lifestyle because there are discounts on everything including Shopping, Entertainment, Travel, Health, Fashion, Kids and Motoring. It is a way for people to cut their spending without cutting back. Higher value products/services offering a discount include:

10% extra free on Theatre Tokens
10% free on Leisure Vouchers
15% off Virgin Experience Days
Up to 50% off Haven Holidays
15% off Champneys.

Contact Us if you are a company that would like to be featured in one of our reward programmes. It is a completely free marketing option; all you have to do is offer an exclusive discount for the reward programme members.

Offers correct at time of publication and subject to terms and conditions.

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