AMJ 2024 | Incentives Release Notes
Coupons
Bulk Coupon Redeem API Enhancement
What’s New:
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The Bulk Coupon Redeem API now supports redeeming 100 coupons in one API call, up from the previous limit of 20.
Problem Solved:
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Users faced delays and inefficiencies when redeeming large number of coupon codes because the API only supported 20 coupon codes per call, necessitating a middle layer to call the API repeatedly.
Benefits:
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Faster Redemptions: Reduced response times for bulk redemptions.
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Improved Experience: Smoother and quicker reward processing for end users.
Refer to the API documentation here.
Rewards Catalog
Reward Management: Fulfilment Status and Transaction Custom Fields
What’s New:
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Fulfilment status: Track reward fulfillment status (e.g., received, in-progress, denied, completed).
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Custom Fields: Add up to 10 custom fields for additional metadata related to reward issuance.
How It Helps:
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Improved Tracking: Streamline the management of reward statuses and additional details.
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Enhanced Experience: Provides real-time updates and clearer information for better customer interactions.
When Jamie redeems his reward, the brand uses custom fields to provide details like delivery address and order ID. Additionally, real-time tracking of reward status—such as "in-progress" or "completed"—keeps Jamie informed about his reward’s journey, ensuring he always knows exactly what’s happening with his redemption.
Refer to the documentation here.
Multiple Payment Options for Rewards
What’s New:
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Choice of Payments: Rewards can be redeemed using different combinations of points and cash. For example, a reward can be obtained with 400 points OR 200 points + $2 OR 300 points + $1 OR $4.
How It Helps:
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Flexible Redemption: Users have more options for redeeming rewards, making it easier to use their preferred payment method.
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Enhanced Experience: Provides varied redemption choices to suit different preferences.
Sophia wants to redeem a reward but only has 200 points and $2. With the new flexible payment options, she can use her points and cash together, making it easy to get her desired reward without needing to save up more points. This versatility enhances her overall redemption experience.
Refer to the documentation here
Adding support for various content types
What’s New:
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New Reward Types: Introducing Gift Card, Physical Reward, Auction, Sweepstakes, Cashback, Charity, Voucher, Miles, Cash Wallet, Card-Linked Offer, Games as reward types to streamline the redemption journeys for the end user.
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Flexible Payment Methods: Redeem rewards using points, cash, or a combination of both for the above reward types.
How It Helps:
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Enhanced Engagement: Offers diverse ways to redeem rewards, boosting user interaction and making the interface interactive for the users.
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Simplified Navigation: Access and manage new reward types seamlessly, improving overall user experience and satisfaction.
Alex wants to get 1,000 miles towards his next flight. With the new system, he can easily convert his points to miles based on the set conversion ratio, providing a flexible and personalized redemption experience.
Refer to the documentation here.
Advanced Point Redemption Controls for the Catalog
What’s New:
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Enhanced Control: Marketing managers can now set limits on points redemption in the rewards catalog based on Program, Tier, Label, Supplementary Program, and Segments.
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Customizable Time Frames: Define redemption limits with flexible time dimensions including daily, weekly, and monthly limits, or apply overall limits without specific time frames.
How It Helps:
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Optimized Redemption: Prevents over-redemption by enforcing tailored restrictions, ensuring points are used efficiently.
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Increased Business: Encourages customers to use points during transactions, boosting overall business for brands.
Jane, a Gold-tier member of the Skymiles program, enjoys exclusive access to higher point redemption limits in the rewards catalog, allowing her to redeem up to 5,000 points monthly, while base-tier members have more modest limits, ensuring tailored engagement across loyalty tiers.
Refer to the documentation here.
Segment-Based Personalization for Rewards
What’s New:
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Segment-Specific Rewards: Brands can now create and display rewards based on customer segments, in addition to loyalty program tiers and supplementary programs.
How It Helps:
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Personalized Experience: Offers tailored rewards to specific customer segments, increasing relevance and engagement.
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Streamlined Catalog: Reduces clutter by showing only relevant rewards, enhancing user experience.
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Better ROI: Focuses marketing efforts on targeted segments for improved results.
Sarah is part of the "Premium Shoppers" segment. When she browses the rewards catalog, she only sees rewards curated specifically for "Premium Shoppers," ensuring a personalized and relevant experience.
Refer to the documentation here.
Enhanced Reward Groups Management
What’s New:
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Multiple Group Tagging: You can now link a single reward to multiple groups and define its rank within each group.
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Rank Management: Set individual ranks for rewards within groups without affecting global sorting.
How It Helps:
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Flexible Catalog Management: Brands can now feature rewards across different groups with specific ranks, enhancing visibility and customization.
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Improved User Experience: Users see rewards sorted by group-specific rank or default order, ensuring relevant rewards are prioritized.
A marketing manager can now tag a reward to both the “Recommended Products” group and “Home & Kitchen” group, setting distinct ranks for each. When users view rewards in the “Recommended Products” group, they see the reward at rank 1, while the “Home & Kitchen” group shows the same reward at rank 2, improving targeted visibility and relevance.
Refer to the documentation here
Updated about 2 months ago