Hear Zsuzsa’s advice on the best way to mitigate fraud and the top question companies ask technology vendors, plus her favorite personal surprise and delight experience.
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Hi there, I'm Amanda Cromhoe from Truth. Welcome to the Blind Laugherty
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Challenge.
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We interview world experts in loyalty blindly. We're hoping to create insight,
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spontaneity
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and a lot of fun through the challenge. The challenge is about promoting the
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Blind Laugherty
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Trust and my book called Blind Laugherty, a hundred and one loyalty concept
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radically
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simplified. All profits from the book go towards the trust. We hope you enjoy
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the Blind
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Laugherty Challenge.
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So this has never been done before as far as I know that the 2023 International
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Laugherty
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Personality of the Year is interviewing the 2024 International Laugherty
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Personality of
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the Year. So congratulations, Dusa. I don't think you need any introduction to
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absolutely
1:03
anyone and so deserved of such a great accolade. So we have Zuzu Kuxmall from
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Antarvo. She
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needs no introduction, but she is the co-founder and the Chief Strategy Officer
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. Welcome to
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Blind Laugherty Challenge.
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Hi, Amanda. I'm so happy to be here. Give me a high five just, you know, the
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way I take
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the opportunity of the year. Thank you. It's lovely to be here. Thank you so
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much for doing
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this challenge with me and I'm actually quite nervous. Like, I don't know what
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Amanda is
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going to ask me. Maybe you will need to edit this all the way because I will
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give stupid
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answers. I don't know. We will see.
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Everything's editable, of course. Okay, but before I go any further, there's
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two, there's
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actually three reasons I wanted to chat to. Probably four, actually. So before
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you announce
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as the industry loyalty personality, I wanted to talk to you because of the
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great work you're
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doing for the industry. So now to have you as that international personality of
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the year
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is the second reason. The third reason is we mention Antarvo throughout Blind L
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augherty.
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It has great coverage because you've got incredible case studies. So throughout
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the Blind Laugherty
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book, anyone who's read it will see that Antarvo has mentioned it sprinkled all
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over on many
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pages. And then the fourth reason is you and your team and particularly
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Michelle and your
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team are incredible, incredible supporters of the Blind Laugherty bracelets.
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And it's
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just amazing how you support it everywhere you go in the world. So for that, I
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'm incredibly
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grateful. Well, I'm grateful to that you're running this and doing this. And it
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's time
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to have a special tangible connection between royalty people that we have to
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bracelets.
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It's just so lovely to give my bracelet to that other person because I know
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that they
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would be very happy for that. It's a special connection that you created and it
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's only
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the connection part. But what it means, helping people get back their ability
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to see things,
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it's a very nice thing. Congratulations for that, Amanda.
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So together we can keep doing it and have fun along the way as well. So thank
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you for all
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the support from your team. So all right, let's get straight into it. So
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chapter 88,
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I quote Antarvo around loyalty, sorry, chapter 86, I quote Antarvo around
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loyalty, fraud
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mitigation. What would you say is the number one best way to mitigate fraud?
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It's technology because without technology, you as a person will not be able to
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spot it.
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And loyalty programs are built on technologies like legacy technologies or new
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kinds of technologies
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like Antarvo. And it's very, very needed that the technology has this fraud
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detection capabilities.
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We talk about AI every single day, do you say it? But it's not necessary. Like
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it's not
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it's not must have to make it AI. There are ways to spot these fraudulent
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activities just
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based on rules that people should watch out for. I mean, the software should
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watch out for.
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And out of that area, that technology can handle what we see is one of the
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sources for
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fraud is employee fraud. So unfortunately, that's the fact that employee fraud
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exists.
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And there are ways to tackle that. And one of the ways is to create within your
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loyalty
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program, make employees your champions, make them great offers their own things
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. So they
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can be very happy with what they have. And they don't need to do fraud and
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things to
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get benefits. They should benefit by default. So they will be your best loyalty
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managers,
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thousands of loyalty managers for you.
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Yeah, absolutely. We run a fraud group in South Africa with all any player in
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the industry
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wants to talk about fraud and absolutely just said the only guys who feel they
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're on top
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of it is because their technology can help them. And secondly, without question
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, I say
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this implying loyalty that staff fraud is the number one trigger without
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question. Great.
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Okay. So as a very, very well known software provider, cloud software provider
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to the industry,
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what would you say if you are sitting in an RFP is the most important question
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client
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should ask of you?
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The question to be asked that who is going to do it? That's the question to be
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asked.
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And the reason why I'm telling this because there are multiple kinds of softw
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ares and
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companies and there are always different setup. For example, there are
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companies who are a
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bit of technology, a lot of implementation and a lot of services. They're like
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an agency,
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you give it to them and then they take care of it. That's one kind. The other
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kind is
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when there is technology, there is implementation and then they take care of
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that and then give
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it to you. If that happens, you need to make sure that there's great training
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around that.
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And then another type is when there is technology like on table, but someone
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else does the implementation
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like an agency whose expertise is implementation. But then who is doing the
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management of it?
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Is this another agency, for example, like Truth or is it the customer itself,
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the brands
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and retailers running the loyalty program? So what I think you should come
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clear with
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is knowing what you want and making sure that the provider you're talking to
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fits that
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bracket because it's really hard to compare apples and then oranges and peaches
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and everything.
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You really need to know your categories. And they are very clear with what we
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do. And oftentimes,
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our salespeople are explaining things that we don't do in order for the
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prospect to understand
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what is that we do. So we don't do strategy because we want companies like
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yours to do
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the strategy. Who knows local markets who have the industrial expertise? We don
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't do
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implementation because we want the big system integrated companies to do the
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implementation.
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And we don't do ongoing management because we want either Truth or the customer
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to do
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the implementation. And for this setup, we have everything. We have the
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training for the consultants,
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the engineers and the customers, the people, the CRM managers who are actually
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configuring the campaigns.
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Yeah, and you said something really critical there that is often a stumbling
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point is
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the client needs to know what they want, which is often not the case, as I'm
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sure you face every
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day. So hopefully with partnerships, whether it's us or other players in the
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market, you can
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actually help the client get to where they exactly what they want and then you
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guys can respond.
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Yeah. One of my favorite examples where I quote Antovo in the book is chapter
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51,
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which is surprise and delight. And what I quote you on is something you or your
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team said around
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how about a half birthday surprise, which I absolutely loved. So what is your
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personal
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best surprise and delight experience? These are tough questions, Amanda.
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How people do this? Like, did they sit for a minute and then think?
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I feel like you did. I think this is a certain thing. So what is my best?
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It's as long as you like surprise and delight. Okay, I know. So that wasn't a
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minute, by the way.
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Because it is such a great surprise that it immediately came to my mind. And it
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's from
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Notino, which is a European online drugstore. And the last time I ordered
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something from there,
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I've got the opportunity to pick my own reward. And picking my own reward was
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really nice because
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in beauty, there is this trend about like surprising you, but also giving you
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the option to pick your
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own reward. So there is this very nice mix, I think, between discovery and also
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a surprise.
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And for me, the biggest surprise was that I was able to pick. It is a selection
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of rewards.
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And then it is up to me, which one I wanted. And I picked some perfume samples.
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And I still
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keep some of them in my bag. And I actually use them. You know, these are very
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small samples, but
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it can still go a long way if you really like the scent. So that's that.
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Beautiful. What was the name of the company again?
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It's Notino.
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Notino. Okay, beautiful. Love it. Magnificent. Okay, there you go.
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Tick tick tick. Three great questions, three great answers. Who would you like
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to tag?
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Oh, so I need to tag. I need to tag someone. I would like to tag Sam Popgood,
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who runs the
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loyalty program for Rick Crow. And Rick Crow is one of our customers at Untable
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. And they are
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a surfer brand in Australia who do not only reward you if you buy a surfer gear
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, but also if you
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like live the surfer life. And I think this is truly what the future of loyalty
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programs and
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customer loyalty is about. It's not only about transactions, but it's about the
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lifestyle.
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So basically, if you use the loyalty program of Rick Crow, you can be rewarded
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after surfing,
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after surfs, surf sessions. And it's quite, it came quite handy that they
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actually have an app
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and a piece of technology as smartwatch that rewards that tracks your movements
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when you are
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in the border. So I think they've done this beautiful job of seeing what they
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have,
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the product, what their customers share, the lifestyle, what is their
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technology direction,
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developing a hardware with the surfer. And then tying this together in the
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loyalty program,
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which made it surf to earn, if you can say that, surf to earn by the example of
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Nike or
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Adidas who have this move to earn loyalty programs. So I really hope that Sam
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did accept the challenge.
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Yeah, I hope so too. I'd love to chat to him. Fantastic. So I think Rick Crow
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needs to come.
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I don't think that program exists in South Africa and Cape Town is very much a
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surf city. So
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we need to get it here as well. Not for me, I can't surf, but for others.
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Susan, thank you. You're an absolute superstar. I've loved chatting to you. It
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was great to see
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you in person in Dubai for so many reasons. But thank you for doing the Blind
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Lords Challenge.
11:58
Of course. Thank you very much.