Is A Travel Loyalty Program What Your Company Needs?

 


Travel loyalty programs offer numerous benefits. Like any loyalty program, it favors customer retention and acquisition, but the added value it offers is unparalleled: travel experiences, adventures, memories, relaxation, and the key to disconnection in a hyperconnected world. Essentially, these programs offer significant discounts on accommodations, flights, and other travel products compared to the prices that can be found at traditional travel agencies and OTAs.

In addition, they get customers to continue choosing a company or brand over the competition, thus improving loyalty, and they also drive revenue because sales grow as a result of the use of incentives.

However, how do you know if a travel loyalty program is what your company needs? Let's start with the basics.

What is a travel loyalty program?

Fundamentally, a loyalty program is a tool used by companies to retain and acquire customers. Through rewards and benefits, such as better discounts, the aim is to incentivize customers to remain loyal to the brand, thus continuing to buy from it instead of trying other options (yes, this means going straight into the arms of your competitors). In a travel loyalty program, the added value is travel, be it accommodations, flights, cruises, car rentals, activity tickets, etc.

Why should your company have a travel loyalty program?

The main reasons why you should offer your customers a travel loyalty program have already been mentioned. Let's recap:

  • It helps retain customers
  • It helps attract new ones
  • It boosts loyalty
  • It drives revenue, favoring sustainable growth over time

In addition, a good loyalty program can also increase customer recommendations and naturally foster growth through word-of-mouth marketing. If a customer is happy and satisfied with the added value you offer them, they will not only continue to bet on your brand but will also recommend it to their friends and family.

What should a travel loyalty program offer?

Ultimately, what a travel loyalty program should offer are travel discounts. These programs work in different ways, but the ultimate goal is to be able to save on travel products and have access to the best deals and discounts. As an example, we at Inspira – travel loyalty providers offer hyper-competitive pricing on all of our products by sourcing them globally to provide the absolute best market rates.

How to use a travel loyalty program?

First, you must design a travel loyalty program that fits your brand. For that, you can count on us at Inspira Holding, as we offer fully customized products and can advise you on what is most suitable for your company, as well as accompany you throughout the process.

Once you have it, you should communicate it properly to your customers, regularly informing them of its advantages, giving them access to discounts and personalized offers, advising them on any doubts they may have... Basically, make it an important part of your marketing and communication efforts, as it is a valuable tool that will, no doubt, result in great benefits.

At Inspira, we offer advice on each of these steps and can take care of everything from the design of the program that best suits your needs to all the subsequent communication with the customer.

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