Hear Nick’s best payment and loyalty integration example, his worst personal loyalty experience and what he considers the absolute #1 priority when choosing technology partners.
0:00
Hi there, I'm Amanda Cromhoe from Truth. Welcome to the Blind Laugherty
0:11
Challenge.
0:12
We interview world experts in loyalty blindly. We're hoping to create insight,
0:18
spontaneity
0:19
and a lot of fun through the challenge. The challenge is about promoting the
0:24
Blind Laugherty
0:24
Trust and my book called Blind Laugherty, a hundred and one loyalty concept
0:29
radically
0:30
simplified. All profits from the book go towards the trust. We hope you enjoy
0:35
the Blind
0:36
Laugherty Challenge.
0:45
So we have another Blind Laugherty Challenge brought to you. I'm in Cape Town
0:49
and Nick
0:49
Chambers is in the UK and Nick and I have the pleasure of working together. We
0:54
're
0:54
co-partners at the Customer Strategy Network. So welcome Nick.
0:58
Hi Amanda, I'm really looking forward to this. Hopefully it's going to be a lot
1:02
of
1:02
fun so I'll give it my best shot.
1:06
It's always fun. Okay, first question. What do you think is the best example of
1:14
integration
1:15
between payments and loyalty? Obviously typically I think mobile comes in there
1:19
but I'll leave
1:20
that to you. The best example of integration between payments and loyalty?
1:24
Well payment and loyalty is a good question. Let me give you an example. It's
1:30
kind of
1:30
a little bit left field but I was in London yesterday and I went for the first
1:35
time and
1:36
I probably your listeners have done this several times. It was the first time
1:40
for being
1:41
Amazon Fresh where you go into Amazon, you go through, you pick up what you
1:46
want, you
1:46
tap your credit card and you leave and you get the itemized receipt with any
1:51
promotions.
1:52
I mean what a fantastic customer experience that was. So I know it was more
1:57
retail but
1:58
they did append a promotional offer so it does sit within the loyalty space but
2:03
in terms
2:03
of a seamless experience it's unsurpassed. I mean I think the challenge
2:08
actually is I
2:09
think they're going to close it down because of the technology is just so
2:12
expensive in
2:13
terms of the cameras to see what you're picking up but I think it will come
2:17
again when that
2:18
cost of that technology comes down, absolutely transformational.
2:25
So did you not swipe your merchandise against a scute? No you pick it off the
2:30
shelf. I
2:31
mean say a bit about myself I went for the meal deal so I picked up the
2:36
sandwich and
2:37
the crisps and the drink and I wanted the meal deal but I also wanted to test
2:42
out if I'd
2:42
get the promotion. You tap your card when you leave and then because I have an
2:48
Amazon
2:48
account I get the receipt emailed to me, itemized with the promotion appended.
2:54
Fantastic customer
2:55
experience. Yeah that's cool. Can't wait to try that out. Great. Lovely example
3:01
. Well
3:01
interesting that leads to my second exam, second question which I didn't know
3:05
you were
3:06
going to talk about something that was so sort of positive from a customer
3:08
experience point
3:09
of view because my second question is what has been your worst personal loyalty
3:15
customer
3:15
experience? Worst personal customer loyalty experience.
3:22
Okay now this is probably going to tell a little bit more about me than about
3:28
the company
3:29
because as an insider, as a practitioner I completely understand the challenges
3:36
of joining
3:37
it all up. But I suppose when I'm in the grocery check out and the person is
3:42
trying
3:42
to get out the loyalty app in front of me and they're fiddling around to open
3:47
the app
3:47
and they're fiddling around to get the promotions up then they're looking to
3:51
pay then they're
3:51
looking to tap tap the loyalty promotion and all the time what they were que
3:56
uing and then
3:57
you just know the next one is going to do the same. I think you know my
4:01
expectation in
4:02
grocery shopping is to get in and get out and that says a bit about me. So when
4:07
there's
4:08
kind of friction and it's time to take in the checkout process that causes me a
4:14
little
4:15
bit of frustration but I completely understand the challenges of linking the
4:19
payment to the
4:20
loyalty and in that instance it's separate and it has to be separate because of
4:25
the costs
4:25
around the technology but it does cause frustration for me in the queue.
4:32
Well maybe not ironically it's the polar opposite of your Amazon experience so
4:38
yeah exactly.
4:39
Amazing. Good example. Love it. And my last one we've worked together on quite
4:44
a few
4:45
projects around technology, RFP, selection and so forth. If you could only name
4:53
one absolute
4:54
critical priority for choosing a technical partner what would that be?
5:00
Oh okay it's an intimate understanding of your own operating model. You know
5:08
the technology
5:09
is just an enabler. Your operating model is the most important thing so the
5:15
technology
5:15
needs to fit in your operations and I've seen a lot of people they're kind of
5:21
shoehorning
5:21
they see nice shiny tech and they think I like it what great features and
5:25
benefits
5:26
but it doesn't fit with their operating model and it doesn't fit broader than
5:30
that. It doesn't
5:31
fit with their culture, their people and how they want to kind of interface
5:36
into the tech.
5:37
So I would suggest that if you intimately understand your operating model, your
5:41
tech
5:42
stack and your performance measures then the tech is part of the selection in
5:47
terms of
5:48
how it fits again against those criteria. I just see so many times it's done
5:52
the other
5:53
way round. Oh look at all these shiny technology and you just can't use or
5:57
implement half of
5:58
it because it doesn't fit with the way the operation of your business.
6:04
Yeah brilliant advice. I couldn't agree more with you. Brilliant advice. So
6:08
anyone listening
6:09
to this you take nothing else apart from a great Amazon experience take that as
6:13
well.
6:14
I have top advice from the blind loyalty challenge. The fact that Nick likes a
6:18
meal deal. Did
6:19
you forget that piece? Especially the Chris. Okie doke we're not going to dice
6:28
your dietary
6:30
preferences. Nick I want you to tag someone please for me to take on the
6:34
challenge next.
6:35
No it's got to be Sean Tan. He's an absolute superstar based out in Cott Koala
6:39
Lumper so
6:40
yeah fantastic to get Sean on the show. Brilliant yes Sean and I know so they
6:46
obviously
6:46
we're all the three of us are all partners in the customer strategy network so
6:50
Sean looking
6:51
forward to that discussion. Nick thank you so much you're a superstar. It was
6:54
really insightful.
6:55
Thank you. Thanks Amanda. Real privilege to be on your show.
6:58
[Music]