ShopHQ VIP
Challenge
ShopHQ, a nationally distributed television retailing network, executives were focused on a rebranding strategy to attract new customers and re-engage existing ones with a new loyalty program.
The challenge was designing an engaging, profitable loyalty program with limited internal resources and expertise.
Solution
ShopHQ® VIP, a premium loyalty program that supported their goal of engaging existing customers and attracting new customers.
Right away, ShopHQ officials saw the power behind the premium loyalty model and the marketing of the program on live television.
ShopHQ VIP offers customers attractive rewards and savings to enhance the overall shopping experience at ShopHQ, as well as at more than 1,000 marketplace retailers. VIP members pay a monthly fee of $16.95 and receive unlimited free shipping for purchases and returns on ShopHQ as well as 5% cash back on all ShopHQ purchases. In addition, ShopHQ VIP members are eligible for cash back and shipping benefits at more than 1,000 other retailers who are part of ShopHQ’s special VIP network.
Results
The VIP premium loyalty program increased brand engagement right away. The program allowed ShopHQ to engage with their VIP members in a new way and build brand loyalty.
Year over year results showcased just how impactful their program was with their audience.
- 40% AOV
- 75% increase in sales amount per customer
- 83% increase in orders per customer
- 87% increase in units per customer
“This loyalty program is an important illustration of the type of meaningful value catalysts we are creating for our customers and shareholders,” iMedia Brands CEO Tim Peterman said in a statement. “Day-by-day, our employees, our vendors, and partners like ebbo are building the kind of platform we believe customers will love to shop with.”