
Matt Smolin
@Estimatted
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Co-Founder & CEO @HangCopilot
New York, NY
Joined May 2015
Loyalty programs are god-awful and customer engagement is broken. There, I said it. My goal for 2024 is to expose just how bad it’s gotten and provide solutions on how to fix it. So, I’ll be starting to post a lot more about how to create better loyalty experiences for brands.
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Been cooking up some new stuff @HangLoyalty. Check out our ChatGPT-like product that puts a data analyst into every restaurant operator's pocket. Ask any question about your business in natural language—get back answers & insights instantly.
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Starbucks was widely lauded as a trailblazer in the customer loyalty space, offering an easy-to-use mobile app with built-in online ordering. But that’s now changing. In the US, 31% of Starbucks’ sales now come from the mobile order and pay feature. @TrungTPhan explains that.
The Starbucks Reward app is a juggernaut: 34m users and ~$2B of stored funds (which Starbucks is effectively paid $200m+ a year to hold). But mobile orders are now 31% of US sales and focus on grab n’ go is ruining in-store experience. I explain why here:
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RT @pav_gar: 🚀 earning points and redeeming your rewards at checkout has never been easier with our new unified flow – out now across all @….
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It was great to speak with @glossyco about our work with Ulta Beauty to create immersive and engaging loyalty experiences for their customers. The minigames have been especially fun, with 86% of playing customers retained week over week.
Beauty retailer Ulta Beauty has partnered with gamified loyalty program company Hang to pilot a new gamified loyalty program called GlamXplorer, currently available to a select group of Ulta Beauty Rewards members.
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Krispy Kreme recently announced that it’s relaunching its loyalty program that allows customers to earn points and perks faster than the previous iteration. The old program was archaic – a free item for every 12 purchases. This doesn’t work because modern consumers seek quick.
Krispy Kreme launches a new rewards program. The new Krispy Kreme Rewards program allows customers to earn points faster at the restaurant, and has more varied rewards
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