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Marketing News South Africa

Summit on loyalty marketing in emerging markets

The second Annual Loyalty Marketing Summit, hosted by incentives and performance improvement company Achievement Awards Group, aims to begin defining a collective identity for emerging market loyalty and to frame the debate. The Summit will take place on 17 August 2006 at the InterContinental Sandton Sun and Towers in Johannesburg.

Building brand loyalty in emerging markets offers challenges and opportunities that first-world loyalty models often do not address. Benchmarking against loyalty practices in the UK and the US is an interesting exercise, but far removed from local market realities. What defines best-practice loyalty marketing in emerging markets?

Concerning the local loyalty marketing climate, Deon Olivier, director, Loyalty Business Unit at Achievement Awards Group, is enthusiastic about the potential for continued developments. "Local conditions are very favourable for growth", he says. "In fact, South African consumers are becoming very savvy and are more and more interested in engaging in the loyalty dialogue."

Olivier explains what he hopes to achieve with this year's summit. "I see South Africa as being poised for a loyalty explosion" he says, "but I accept that what I define as an explosion, a loyalty guy in the US sees as a small blip on the radar.

"So, it seems to me", he continues, "that it might be valuable for us to hear about what's going on in other emerging markets, rather than benchmarking exclusively against the US and UK giants."

Themed 'Re-defining Loyalty In Emerging Markets', the summit will feature presentations by emerging market loyalty leaders from around the world:

  • Praphul Misra, CEO, NetCarrots, India
  • Nyang Koon Seng, CEO, Customer Loyalty Solutions, Malaysia
  • Henry Winter, CEO, Smart Club Loyalty Management, China
  • Roberto Chade, CEO, Dotz, Brazil
  • Jeremy Sampson, CEO, Interbrand Sampson, South Africa
  • Refiloe Mataboge, executive director, Research Surveys, South Africa

For more information, go to www.awards.co.za.

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