Leave ‘Points’ Behind! How to Name Your Loyalty Program Currency Right
So, you're rolling out a loyalty program. Great move! Customer loyalty is one of the best ways to drive long-term growth, and a well-designed program can make all the difference. But one of the first questions you'll face is: What are we going to call our loyalty currency?
"Points" might be the default, but it’s a little basic and overused. Your loyalty currency name can be a key part of the brand experience, giving it personality, reinforcing your values, and adding excitement. So let’s look beyond "points" and dive into some creative ways to name your loyalty currency.?
1. Tie It to Your Brand’s Identity
Think about what makes your brand unique. Are you an eco-conscious brand? A luxury retailer? A family-friendly restaurant chain? Your loyalty currency name should reflect the vibe and values of your business. For example:
When the currency aligns with your brand identity, it creates an immersive experience for customers. It reminds them why they love your brand each time they earn or redeem.
2. Keep It Action-Oriented
Loyalty is about creating a journey, a sense of movement towards rewards. Names like "Miles" or "Steps" give a feeling of progress and achievement, nudges customers forward and encourages them to engage again and again. Consider action-oriented names that suggest movement, such as:
Action-oriented names can be especially powerful for brands where the journey, rather than just the destination, matters.
3. Make It Sound Valuable
Give your currency name a sense of worth. Words like "credits," "coins," or "gold" make it feel valuable, which can increase the appeal for customers. Naming your loyalty currency in a way that hints at worth can add perceived value to your program. Some ideas include:
This sense of value can lead customers to associate your rewards with exclusivity or even collectibility.
4. Add a Local Touch
If you’re a regional brand or want to create a sense of community, incorporate something local. A coffee shop chain in New York, for example, might use "Beans" for their loyalty currency, while a Texas-based BBQ joint could go with "Sparks."
This approach is especially effective for small businesses and local favorites who want to reinforce their identity within the community. Here’s how you can apply this:
Local-themed currency names create a personal connection, making customers feel more in sync with your brand.
5. Make It Fun and Memorable
If your loyalty program isn’t a little bit fun, people might not engage as much. Playful, unique currency names grab attention and give your program a lighthearted touch. You don’t want your rewards to be just another transaction, you want them to spark a smile :)?
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Try these ideas:
A little creativity can go a long way in making your loyalty program more exciting. Names like these make earning points feel like a treat!
6. Incorporate Customer Emotions
What feeling do you want to evoke when customers earn or redeem rewards? If your loyalty program is all about celebration and joy, go with something upbeat, like "Cheers" or "Smiles." If it’s more about relaxation and self-care, consider names like "Serenity" or "Moments."
For example:
These names bring an emotional connection to the reward system, and that emotional resonance can make your program more memorable and enjoyable.
7. Use Simple, Impactful Words
Sometimes, the most effective names are the simplest. You don’t always need to invent a new word or add extra flair, just focus on clear, strong words that resonate. "Rewards" is popular because it’s straightforward and universally understood. But, with a little imagination, you can find something that’s both simple and brand-aligned.
For example:
Simplicity can be powerful. When in doubt, go for names that are clear and accessible, making it easy for customers to understand and remember.
8. Test It Out!
Once you’ve got a few ideas, test them out with your audience. Run a quick survey, share it on social media, or ask your loyal customers directly. Getting feedback on potential names can help you gauge customer interest and ensure that the name resonates with your target audience.
About Kangaroo Rewards
Our all-in-one, AI-driven loyalty and marketing platform reshapes the way thousands of businesses engage and reward customers.
Designed to amplify customer engagement and fortify retention and acquisition efforts, Kangaroo empowers your loyalty program from start to finish.
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