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Brand-Specific Reward Programs

The Good Rewards Loyalty Program Was Created with Fetch Rewards

— July 15, 2022 — Business
The Good Rewards loyalty program is a new launch from General Mills created in collaboration with the Fetch Rewards app to offer consumers a brand-specific way to get rewarded. The app will now offer exclusive rewards for the brand's more than 45 sub-brands with access to a range of additional free loyalty benefits for every product purchased. The rewards program is being launched within the Fetch app, which is free to download on the Apple App Store as well as the Google Play Store.

Chief Brand and Disruptive Growth Officer at General Mills Doug Martin spoke on the new Good Rewards loyalty program saying, "We have seen a shift in the way consumers interact with brands. This partnership with Fetch Rewards will allow us to meet our consumers with personalized, digital-first experiences and rewards that best meet their own needs. Good Rewards will be the first program of its kind for General Mills, and we are excited to bring our consumers a fun, easy opportunity to save on groceries, no matter where they shop, which of our brands they love or which they choose to put in their cart.”
Trend Themes
1. Brand-specific Loyalty Programs - Opportunity for brands to partner with existing reward apps or create their own programs to offer consumers exclusive rewards and personalized experiences.
2. Personalized Rewards - Opportunity for brands to offer personalized rewards based on consumer preferences and purchase behavior, enhancing customer loyalty and satisfaction.
3. Digital-first Rewards - Opportunity for brands to shift towards digital-first rewards programs, providing an easy and convenient way for consumers to save on products.
Industry Implications
1. Consumer Packaged Goods - CPG companies can create brand-specific loyalty programs to offer personalized rewards and enhance customer loyalty.
2. Retail - Retailers can partner with brand-specific reward programs to offer exclusive rewards and provide a seamless shopping experience for customers.
3. Mobile App Development - There is an opportunity for mobile app developers to create innovative, brand-specific loyalty programs that provide personalized rewards and digital-first experiences for consumers.
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