This thread was mentioned in a current thread about promotions tools.
I wanted to revisit this and report back. The program didn’t skyrocket as we would have wished. What it has become is a modified success. Rather than being a big driver of new sales, it is now a tool for driving customer retention. We have several customers who remember this card almost religiously, and choose to come to us when money is tight rather than go to their other next favorite place because we give them stuff. They appreciate the free topping every visit, getting more value for their dollar. We’ve had some customers redeem multiple free pies. Some just want the free topping on their pizza.
I suspect the vast majority forget about them, and loose them in the coupon drawer. I spent $30 on the cards and around $60 on the punch. Not the single most cost-effective program, but I given the slight fade in the last 6 months in customer frequencty, I would bet those cards out there are keeping some of my regulars on their regular schedule rather then falling to once every two weeks. I don’t have a good way to track actuals, though.
The IDEA of the card drives some new customers to the store as well. We hand them out when we meet potential customers, and they like the glossy, colorful look of the card. If they have heard of us before, it gives a good chance it will bring them on in.
As a stand-alone element of marketing, it is really weak. As another piece of the puzzle that impacts a segment of my customer base, it looks to be still useful. For my goals, it works. Define your goals and find your best tool(s).