New app promotes local shops

New app promotes local shops

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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In Ilkley, a social revolution is underway with businesses adopting digital loyalty points to compete against online and town competition. Social media has significantly boosted local business sales, with a quarter of sales attributed to it. The Flock loyalty scheme allows customers to earn and spend points across participating retailers, similar to supermarket loyalty cards. This initiative is expanding to other towns, aiming to prevent them from becoming ghost towns. The focus is on engaging consumers and promoting the benefits of shopping locally, with other towns observing Ilkley's success.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What innovative approach are Ilkley's independent businesses using to compete with larger competitors?

Using digital loyalty points and social media

Partnering with international brands

Offering discounts on all products

Expanding their physical store locations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the loyalty scheme in Ilkley work?

Points can only be used in the store where they were earned

Points are collected through a scanner code and can be used at any participating retailer

Customers earn points by referring friends

Customers receive cash back for every purchase

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential benefit of the loyalty scheme for nearby towns?

It will eliminate the need for traditional advertising

It will reduce the need for online shopping

It will increase the number of international tourists

It could help attract younger people to local cafes and bars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does business organizer Tina Bowden emphasize about the loyalty scheme?

The need for more government reports

The necessity of reducing prices

The role of international partnerships

The importance of consumer engagement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the broader implication of Ilkley's loyalty scheme success?

It is only effective in the retail sector

It has the potential to be replicated in other towns to save their high streets

It requires significant government funding to succeed

It can only work in small towns