Swipii or can digital save your High Street?

80% of your sales come from 20% of your customers… I know, if you had a penny for every time you heard the Pareto principle… well, it may sound trite, but it surely is true that loyal customers are fundamental for every business and possibly no one experience it more than your local shops.

There is an ongoing debate, in the UK, about the future of the High Street. Local small businesses must face the fierce competition of chain stores and online shopping. The latter, has been often cited as the main responsible of the declining footfall.

So how can independent shops, with their limited budgets, respond?

A few months ago, I noticed some colourful plastic cards with a cute little octopus icon, popping up in many of the shops I regularly visited during my lunch break at work.

I picked up one (admittedly just because I liked said cute little octopus) and checked the site of the company, which is called Swipii… as you might have imagined from the title of this post.

Their proposition seems rather interesting, from what I gathered: they let businesses set tailored reward programmes and enable them to run email marketing campaigns while offering an account manager to analyze the data.

Customers can get points for shopping in all the businesses that are part of the Swipii network – my definition, not theirs – which, at the time of writing, consists of 567 locations across Britain.

Do you know of any other similar schemes? Do you think they would work? I would love to hear your thoughts about how digital can complement more traditional shopping experiences or services.

Disclaimer: I have not used the services of Swipii as a business therefore please, as for everything else, check their terms and conditions. Even though I might have sounded rather emphatic about Swipii, I am not endorsing the product but only wanted to express my point of view on something I reputed interesting.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s