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Experts of the Smart Money studio will explain why it is worth rewarding valuable clients and how to do it. You will also learn about the ways to launch a successful incentive system for the premium segment to raise the revenue of an iGaming project.
The entertainment niche is extremely promising but there is a high level of competition in it. In the fight for customers, operators resort to various methods, including rewarding the most loyal users.
The idea of a VIP system is not new. Airlines were among the first to implement such programs. For regular passengers, membership cards and points-based systems are provided. Similar practices exist in many other areas but most often, they can be found in the B2C segment.
Such a tool demonstrates high effectiveness in:
The sale of luxury items (clothing, cosmetics, accessories, and cars) is also accompanied by the earning of points by clients.
In large land-based establishments and on iGaming resources, the loyalty program is one of the main impetus for the development of entertainment locations. The business is growing and scaling, a new audience is appearing, and regular visitors are placing even more bets at higher limits.
The VIP program is a routine campaign on digital portals. Operators award gifts and privileges depending on the activity of users and the length of their stay on the website.
At the registration stage, each new customer receives a notification that they become a participant in the accumulation system. In the beginning, a person receives points, which can later be exchanged for various types of incentives.
The key feature of any premium program is progress. It is displayed as scores, which depend on the number of bets and are tied to certain slots (for example, solutions with jackpots or a high RTP percentage).
Collected points promote gamblers through the VIP program and provide access to generous gifts. Customers can also always exchange them for money.
Those players who have created their profile on the website must receive the first level of participation. Further, as they make progress, the number of privileges will only grow.
A striking example of an effective VIP service is the solution from poker rooms. It offers a gradation of users depending on playing time, amount of money spent, victories, and other characteristics. At the end of each month, all achievements are summed up and the client is assigned a certain status.
Benefits that can be received by online casino visitors:
Most VIP rewards are provided with no winning-back conditions. In very rare cases, bonuses are supplemented with wagers but with minimal requirements.
Key benefits of the solution:
Let us consider how to launch an effective VIP offer:
The reward system should not be faceless. Therefore, it is better to immediately choose an intriguing title that will overlap with the slogan and corporate identity of an online casino.
It is worth integrating simple and understandable terms: “Awards”, “Circle”, or “Club”. This will make the VIP program clear, attractive, and memorable.
To build a good loyalty system, it is necessary to analyse the user experience. Even within one cluster (for example, for high rollers), operators need to identify several subgroups and make sure that there is a fair distribution of prizes for each of them. This approach will increase the program’s effectiveness and improve relationships with valued clients.
In the VIP system, it is appropriate to use various elements, such as:
They should all be consistent with the overall style of the program. It would be good if the puzzles could be used to form the name or emblem of the solution, and the players’ levels would be marked with stars or diamonds.
Beauty, elegance, and an exclusive experience are characteristics that should be emphasised with the help of game elements.
It is advisable to place the rules for calculating bonuses and assigning statuses in the FAQ section of the casino site.
Operators should also add:
The point accumulation system should be clear. Entrepreneurs should not come up with indirect requirements that cannot be fulfilled.
It is important to make sure that incentives for VIP clients are not too costly for the business because the main factor that affects the increase in loyalty is attention. It would not be wise to immediately award huge payouts to valuable players. Project owners need to implement a multi-stage reward system to motivate premium customers to stay on the website longer.
The following KPIs will make it possible to evaluate the effectiveness of the VIP system:
There is a trend in the casino and sportsbook industry where regulators are limiting the number of incentives they can offer gamers.
In September 2020, the UK Gambling Commission introduced new rules on granting rewards. They are aimed at combating irresponsible VIP programs and the development of ludomania.
The government authority obliged licensees to:
The Spelinspektionen Swedish regulator has limited the maximum size of bonuses per month. At the beginning of 2024, this is €8.48 in equivalent. In Denmark, a similar practice has also existed for several years. In this country, the monthly bonus limit is set at €133.85.
It is obvious that the world’s leading gambling commissions will continue to limit operators in terms of incentives. Therefore, today, it is not wise to rely on monetary rewards from VIP clients alone. It would be better to use a balanced approach when the premium segment receives a personal manager, accelerated withdrawal of prizes, and other privileges.
The entertainment business is also gradually shifting towards encouraging smart gaming habits instead of focusing on regular customers. This approach ensures operation in a legal framework in accordance with international standards.
The VIP program is a mandatory element of any successful online casino.
Key features of the concept:
The Smart Money studio provides marketing tools. From us, you can order promotion of a gambling platform, development of an individual advertising strategy, and creation of an effective VIP program.
We also offer the following useful products:
Do you still have any questions? Ask an expert
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