Frictionless And Merchant-Friendly, Loyalty Cloud Borrows The Square Model To Keep Customers Coming Back

The startup Womply recently brought us Groupon-like “effortless offers.” Today it launches Loyalty Cloud, hoping to slice through the messy customer-loyalty market with the “simplest loyalty program ever for local merchants.” Last month a new startup, Womply , launched to bring “effortless offers” schemes to local merchants–coming with an impressive pedigree because it’s co-founder Brandt Squires was formerly GM and Head of Sales at LivingSocial . Just weeks later, Womply has an additional offering–Loyalty Cloud–that promises the same sort of effortless experience but for customer loyalty schemes, rather than Groupon -style “special offers.” According to the new sitei, it’s simplicity rests on the fact that, “Merchants create offers that reward customers for repeat visits and Womply handles everything else, from marketing and remitting offers to customers, to providing analysis and insight on the amount of revenue generated as a result.” To this end, Womply’s new Loyalty Cloud is trying to be a complete one-stop shop for local business loyalty schemes: Simpler even than stamping a rubber stamp on a collector card, and providing deep customer analytics that would be tricky to get any other way. It manages this by being seamless from a customer and merchant point of view, with the transaction happening “in the cloud” via “Womply’s high-tech platform that enables the company to spot credit and debit card transactions at participating merchants and to push cash credits to customer payment cards.” The whole thing is designed to be merchant-centric, rather than focussing on the deals or the end-user customers.

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Frictionless And Merchant-Friendly, Loyalty Cloud Borrows The Square Model To Keep Customers Coming Back