Retention Built into a product

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Giving a customer something they hold and would forfeit by going elsewhere.

The problem

A
customer
who
bought
once
has
no
particular
reason
to
come
back.
Most
loyalty
tooling
gives
a
business
one
lever
—
points,
or
a
discount
—
so
the
customer
loses
nothing
by
shopping
elsewhere
and
gains
nothing
by
bringing
anyone
with
them.

How Aakam approaches it

A balance that accumulates in the customer’s name, cashback that pays into it once an order settles, and a referral code that earns them something when someone they told buys. Three reasons to return rather than one.

What the product does
  • Customer wallet and balance
  • Cashback on settled orders
  • Referral codes and rewards