Quantile Capital: Will the Loyalty Programme Pay for Itself?

Marketing
medium35 min0 submissions
Flipkart
Scenario

Quantile Capital operates in asset management across UK with about 90,957 active customers, who buy 10.4 times a year at an average basket of £3693. Gross margin is 46%.

Marketing proposes a points programme returning 6.2% of spend as future credit. The business case assumes a 9% lift in purchase frequency among members.

Analysis of the base shows 54% of customers already buy above the category average and would very likely enrol on day one.

Supporting data

base

average basket
3693
active customers
90957
gross margin pct
46
purchases per year
10.4

proposal

reward rate pct
6.2
assumed frequency uplift pct
9

base composition

already above average frequency pct
54
Your task

Advise the CMO. Your answer should provide:

  1. Analysis — programme cost, incremental margin, and the net position. Show your working.
  2. Risks — including who you are paying and what for.
  3. Recommendation — launch, redesign or decline, with the break-even uplift.

State any assumptions you make.

Ready to move forward? Up next: Driftwood Hotels: Every Channel Claims the Same SaleNext question
How you'll be graded

80 points, 60% to pass.

  • recommendation20
  • market analysis20
  • risk assessment15
  • financial analysis25
Hint
Reveal suggested structure

Reward cost applies to all spend; incremental margin applies only to changed behaviour. Break-even uplift = reward rate / gross margin.