Loyalty Program for B2B Software and IT Service Companies
Zinrelo is acutely aware of the distinct challenges that permeate the B2B software and IT services landscape. In a domain that requires tailored solutions, Zinrelo offers a specialized B2B loyalty program software solution that addresses these very challenges. Our approach goes beyond merely offering a software tool. We understand the pivotal role that customer loyalty plays in the B2B sector, and our software is designed with this emphasis in mind. Rather than a generic, one-size-fits-all solution, Zinrelo provides a customized loyalty rewards program, meticulously tailored to align with the specific needs of B2B enterprises.
In the competitive landscape of B2B offerings, ensuring client loyalty is paramount. Through our bespoke loyalty program software solution, Zinrelo assists businesses in cultivating an environment wherein clients remain consistently engaged and choose their services repeatedly, solidifying a bond of trust and mutual growth.
Challenges
Customized Loyalty Program Software for B2B
Sample B2B Loyalty Program
B2B Loyalty Software Benefits
Challenges
B2B software and service companies serve other businesses (clients). They face multiple challenges:
Churn Affects Margins
Higher churn rate hampers the opportunity for lower cost expansion and impacts long term margins.
Unable to Sell Premium Modules
Upselling or cross-selling, though a significant contributor to revenues and profitability, is difficult to achieve.
Lack of Prioritization
Clients should be prioritized based on how much they pay. With higher ticket sizes do not get that special treatment.
Lack of Engagement
Clients do not engage with the product/service, and do not attend trainings or review calls. This leads to cancellations.
No Marketing Help
Clients often are unwilling to take reference calls or provide case studies. It is difficult to get a client to help with marketing.
Lack of Referrals
Clients are hesitant to provide referrals to other businesses. Each referral, however, can be worth thousands of dollars.
Customized Loyalty Program Software for B2B
Zinrelo helps solve the above challenges. Zinrelo’s B2B loyalty software enables Software and Service companies to launch a formal B2B loyalty program for their clients. This B2B loyalty program creates 360-degree engagement with clients and rewards clients to perform specific activities that benefit the company.
Examples of activities that clients could get rewarded for are described below. Zinrelo’s platform enables you to create unlimited custom activities.
- Buy software or service
- Renewals
Encourage Higher Spending: Reward them for every dollar they spend. Move higher spending customers to a higher tier of service.
- On-time launch
- Use a newly launched product feature
- Attend a training
- Attend a quarterly business review
- Respond to a survey
Reduce Churn: Get clients engaged on a regular basis. The more they engage, the less likely they are to churn.
- Bonus points for multiple year contracts
- Bonus points for add on or value-added services
Encourage specific customer behaviour: Influence clients’ purchase behaviour to increase revenues & profitability. Increase proliferation of services and products.
- Write a review
- Record a video testimonial
- Provide a case study
- Issue a press release
- Deliver a joint webinar
- Take a reference call with a prospect
- Speak at a conference
Get clients to generate valuable marketing collateral: Get your clients to help with your marketing. Prospects who hear what your clients are saying are 5X more likely to convert.
- Refer company to new prospects
Generate Referral Business: A prospect from an active client referral is 7X more likely to convert
“B2B Clients are worth thousands of dollars. Every year, if the loyalty program can help you retain just one Client and get just one new Client, the program will pay for itself”
Sample B2B Loyalty Program
To illustrate what a customer loyalty program software could look like for a B2B Software and Service company, we taken the example of Fab Software,
a company that sells marketing software and professional services. Below are examples of a typical client loyalty dashboard for a B2B Software and Service company. This will be created by Zinrelo automatically on
the company website.
Loyalty Points Earning Activities
Clients can earn points for purchases, engagement, marketing and referrals. Zinrelo allows the creation of unlimited custom activities as well.
Loyalty Rewards
Clients can exchange their points for a wide variety of rewards including gift cards, charity donations, account credit, free company merchandise, free company software or services, paid vacations and lots more.
Loyalty Rewards
Clients can exchange their points for a wide variety of rewards including gift cards, charity donations, account credit, free company merchandise, free company software or services, paid vacations and lots more.
Loyalty History
Clients can review their points and rewards history on a single screen that they can view on your website.
Loyalty Tiers
Clients can review their tier level. Higher spending clients are automatically moved to higher tiers giving them a privileged level of service. This makes the clients feel special and increases the emotional investment.
Loyalty Tiers
Clients can review their tier level. Higher spending clients are automatically moved to higher tiers giving them a privileged level of service. This makes the clients feel special and increases the emotional investment.
Key Advantages of A B2B Customer Loyalty Platform
Increase in Client Spend
Reduction in Client Churn
Increase in Conversion From Client Marketing Material
Increase in Conversion From Client Referrals
G2 CROWD NAMES ZINRELO AS A LEADING LOYALTY MANAGEMENT SOFTWARE
244 Loyalty companies reviewed by G2 Crowd. Zinrelo ranked #1
G2 CROWD NAMES ZINRELO AS A LEADING LOYALTY MANAGEMENT SOFTWARE
283 Loyalty companies reviewed by G2 Crowd.