Torex Introduces the Future of Customer Engagement with New Loyalty System
* Reuters is not responsible for the content in this press release.
Torex Loyalty Supports Clienteling by Allowing Retailers to Create Personalised Offers for Customers and Send Them via Text Message, Bluetooth and Email NEW YORK--(Business Wire)-- Torex Retail Holdings Limited (Torex) today launches its Torex Loyalty system at Retail`s BIG Show, the NRF`s 98th Annual Convention & EXPO. Torex Loyalty enables retailers to achieve unrivalled insight into customers spending behaviour and transform this into revenue growth. The system is a platform-independent, modular multi-channel system that integrates with a retailer`s existing in-store technology to provide a comprehensive promotions, communications and analysis package. Torex Loyalty offers retailers the ability to proactively drive sales and influence customers` spending. With Torex Loyalty, retailers are able to collect and store key information about customers and their shopping habits regardless of where they shop, be it in-store or on the web. They can then use this information to build an accurate picture of consumer demand, designing promotions precisely tailored to fit the needs of individual customers based on the insights provided. With advanced data analysis capabilities, Torex Loyalty is able to help retailers predict which promotions will appeal most to certain types of shopper, and can even simulate the overall effects of a campaign on a retailer`s business, allowing them to assess the potential return on investment. Replacing outdated coupon-based systems, Torex Loyalty can also communicate offers using methods better suited to the lifestyles of today`s consumers, such as sending a text message containing details of an offer to a customer`s mobile phone, or an email to their personal account. Retailers can also make use of SMS and Bluetooth technology to instantly alert customers to offers when they visit a store. The system enables retailers to accept promotions across multiple touch points, allowing them to reach all their customers, regardless of their preferred method of shopping. Doug Hargrove, Chief Marketing Officer at Torex, comments: "In today`s trading environment it is crucial that retailers fully understand their customers` needs, and are able to closely engage with them. Torex Loyalty provides a clear insight into shopping habits and uses this information to predict demand so that retailers can proactively target customers with relevant offers. The system will help retailers drive profits by retaining more customers, increasing average customer spend whilst capturing a greater share of their market and reducing costs." Press kit materials, and other recent announcements, are available online at: www.virtualpressoffice.com/kit/TorexNRF2009. About Torex - www.torex.com Torex is the leading global provider of innovative, integrated technology solutions to the extended retail marketplace. Torex has 20 years` experience of working in partnership with the world`s most forward-thinking retail, petroleum and convenience and hospitality brands to entice, engage and retain their customers. Over 7,000 customers worldwide depend on our proven, best-in-class solutions and knowledgeable industry experts to help them identify, define and deliver a more personal and qualitative experience for each customer, and to maximise profitability, increase return on investment and achieve competitive advantage. Torex customers include McDonald`s, Tesco and Selfridges. Torex Vickey Wallis Tel: +44 (0)870 905 1300 Mobile: +44 (0)7967 036490 vickey.wallis@torex.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters