Latest / Omni Talk Retail / Gap Inc. Debuts Encore To Unify The Four Brands | Fast Five Shorts
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- 0:00Gap
- 0:00Inc.
- 0:00Has
- 0:00launched
- 0:01Encore,
- 0:01a
- 0:02new
- 0:02cross
- 0:02brand
- 0:02loyalty
- 0:03program
- 0:04spanning
- 0:04Old
- 0:05Navy,
- 0:05Gap,
- 0:05Banana
- 0:06Republic
- 0:06and
- 0:07Athleta.
- 0:08According
- 0:08to
- 0:08retail
- 0:09Touchpoints,
- 0:09Gap
- 0:10Inc.
- 0:10Officially
- 0:10launched
- 0:11Encore
- 0:11on
- 0:11February
- 0:1224,
- 0:132026,
- 0:13which
- 0:13is
- 0:14a
- 0:14rebranded
- 0:14unified
- 0:15loyalty
- 0:15membership
- 0:16across
- 0:17all
- 0:17four
- 0:17of
- 0:17its
- 0:17core
- 0:18brands.
- 0:18Building
- 0:18on
- 0:18a
- 0:18house
- 0:19file
- 0:19of
- 0:19nearly
- 0:2040
- 0:20million
- 0:21active
- 0:21members,
- 0:22Encore
- 0:22introduces
- 0:23three
- 0:23tiers.
- 0:24Core,
- 0:24Premier
- 0:25and
- 0:25All
- 0:26Access.
- 0:27Always
- 0:27love
- 0:27it's
- 0:27three
- 0:27tiers.
- 0:28It's
- 0:28never
- 0:28like
- 0:29seven
- 0:29tiers
- 0:30or
- 0:3013
- 0:30tiers.
- 0:31It's
- 0:31always
- 0:31three.
- 0:32That's
- 0:32just
- 0:32your,
- 0:32that's
- 0:33the
- 0:33business
- 0:33school
- 0:33motto,
- 0:34right?
- 0:34You
- 0:34always
- 0:35have
- 0:35to
- 0:35break
- 0:35things
- 0:35out
- 0:36into
- 0:36three.
- 0:36It's
- 0:36probably
- 0:37coming
- 0:37from
- 0:37someone,
- 0:38one
- 0:38of
- 0:38your
- 0:38peers
- 0:39at
- 0:39your
- 0:39business
- 0:39school.
- 0:40Yeah,
- 0:40it's
- 0:40a
- 0:40consultant
- 0:41thing.
- 0:41You
- 0:41give
- 0:41them
- 0:41two
- 0:42options
- 0:42that
- 0:42are
- 0:42good
- 0:42and
- 0:42one
- 0:43that's
- 0:43horrible.
- 0:43So
- 0:44that's
- 0:44kind
- 0:44of
- 0:44what
- 0:44they're
- 0:44doing
- 0:45here,
- 0:45probably
- 0:45most
- 0:45likely.
- 0:46But
- 0:46anyway,
- 0:46they're
- 0:47introducing
- 0:47three
- 0:47tiers
- 0:48with
- 0:48the
- 0:48updated
- 0:48earning
- 0:49thresholds,
- 0:49extended
- 0:50returns,
- 0:50birthday
- 0:51bonuses
- 0:51and
- 0:51new
- 0:52Encore
- 0:52Master.
- 0:53And
- 0:53a
- 0:53new
- 0:53Encore
- 0:54MasterCard
- 0:54that
- 0:55earns
- 0:55four
- 0:55five
- 0:56times
- 0:56points
- 0:56at
- 0:57Gap
- 0:57Brands
- 0:57and
- 0:58three
- 0:58times
- 0:58on
- 0:58eligible
- 0:59apparel
- 0:59purchases
- 1:00elsewhere.
- 1:01The
- 1:02program
- 1:02leans
- 1:02heavily
- 1:03into
- 1:03experiential
- 1:04rewards
- 1:05as
- 1:05well,
- 1:05which
- 1:05means
- 1:06exclusive
- 1:06fashion
- 1:07drops,
- 1:07early
- 1:07access
- 1:07to
- 1:08product
- 1:08launches
- 1:08and
- 1:09entertainment
- 1:09experiences.
- 1:10Reflecting
- 1:11Gap's
- 1:11recent
- 1:12appointment
- 1:12of
- 1:12a
- 1:12Chief
- 1:13Entertainment
- 1:13Officer
- 1:14In
- 1:14January
- 1:142026,
- 1:16existing
- 1:17loyalty
- 1:17members
- 1:17are
- 1:18automatically
- 1:18transitioned
- 1:19with
- 1:19prior
- 1:19points
- 1:20carrying
- 1:20forward.
- 1:20And
- 1:21all
- 1:21four
- 1:21brands
- 1:22share
- 1:22a
- 1:22single
- 1:22points
- 1:23bank,
- 1:23giving
- 1:24Gap
- 1:24a
- 1:24unified
- 1:25cross
- 1:25brand
- 1:26view
- 1:26of
- 1:27consumer
- 1:27and
- 1:28customer
- 1:28spend.
- 1:29And
- 1:29what
- 1:29do
- 1:29you
- 1:29think
- 1:29of
- 1:30Gap's
- 1:30Encore
- 1:31launch?
- 1:31Is
- 1:31this
- 1:31the
- 1:31loyalty
- 1:32play
- 1:32that
- 1:32finally
- 1:33gives
- 1:33the
- 1:33brand
- 1:33portfolio
- 1:34a
- 1:34genuine
- 1:34growth
- 1:35engine
- 1:35or
- 1:36is
- 1:36it
- 1:36just
- 1:36glossed
- 1:37up
- 1:37loyalty
- 1:37points?
- 1:38I,
- 1:38I
- 1:38don't
- 1:39know
- 1:39that
- 1:39we
- 1:40will.
- 1:41I
- 1:41don't
- 1:41know
- 1:41yet.
- 1:42That's
- 1:42the
- 1:42question.
- 1:42I
- 1:43do
- 1:43love
- 1:44this.
- 1:44As
- 1:44a
- 1:45loyal
- 1:45Gap
- 1:45customer,
- 1:46I
- 1:46do
- 1:46love
- 1:46this.
- 1:47For
- 1:47the
- 1:47points
- 1:47consolidation,
- 1:48it
- 1:48never
- 1:48made
- 1:48sense
- 1:49to
- 1:49me
- 1:49that
- 1:49there
- 1:49were
- 1:50three
- 1:50different
- 1:50credit
- 1:51cards
- 1:51and
- 1:51three
- 1:51different
- 1:52loyalty
- 1:52programs.
- 1:53You
- 1:53had
- 1:53Gap
- 1:54cash
- 1:54that
- 1:54you
- 1:54could
- 1:54use
- 1:55at
- 1:55some,
- 1:55but
- 1:55you
- 1:56couldn't.
- 1:57You're
- 1:57all,
- 1:57you're
- 1:58all
- 1:58feeding
- 1:58into
- 1:59one
- 1:59larger
- 1:59Gap
- 2:00Inc.
- 2:00So
- 2:01number
- 2:01one,
- 2:02I
- 2:02think
- 2:02that,
- 2:02you
- 2:02know,
- 2:03while
- 2:03it's
- 2:03just
- 2:03a
- 2:03loyalty
- 2:04program
- 2:04for
- 2:04now,
- 2:05my
- 2:05hope
- 2:06is
- 2:06that
- 2:06this
- 2:06means
- 2:06consolidation
- 2:07in
- 2:08other
- 2:08areas
- 2:09of
- 2:09the
- 2:09store
- 2:10and
- 2:10just
- 2:11making
- 2:11it
- 2:11one
- 2:12unified
- 2:12brand
- 2:14that
- 2:14I
- 2:14can
- 2:14shop.
- 2:14And
- 2:15the
- 2:15credit
- 2:15card
- 2:15is
- 2:16another
- 2:16good
- 2:16example,
- 2:16like
- 2:17having
- 2:17one
- 2:17credit
- 2:17card
- 2:18that
- 2:18you
- 2:18can
- 2:18use
- 2:18across
- 2:18brands
- 2:19and
- 2:19gain
- 2:19five
- 2:20times
- 2:20more
- 2:20points.
- 2:21Because
- 2:22those
- 2:22points
- 2:22really
- 2:22do
- 2:23add
- 2:23up
- 2:23and
- 2:23I've
- 2:24been
- 2:24using
- 2:24them
- 2:24for
- 2:24a
- 2:24long
- 2:25time,
- 2:25so
- 2:25I'm
- 2:25really
- 2:26excited
- 2:26to
- 2:26see
- 2:27them
- 2:27all
- 2:27come
- 2:28together.
- 2:28I
- 2:28also
- 2:28think
- 2:29Think
- 2:29that
- 2:29it
- 2:29could
- 2:29encourage
- 2:30some
- 2:30crossover
- 2:31in.
- 2:32Maybe
- 2:32I'm
- 2:32an
- 2:32Athleta
- 2:34shopper,
- 2:34but
- 2:34I've
- 2:34never
- 2:35shopped
- 2:35at
- 2:35Old
- 2:36Navy.
- 2:36But
- 2:36now
- 2:36I
- 2:37have
- 2:37these
- 2:37points
- 2:37that
- 2:37I
- 2:38can
- 2:38use
- 2:38across
- 2:38all
- 2:39the
- 2:39labels.
- 2:40It
- 2:40might
- 2:40prompt
- 2:41me
- 2:41to
- 2:41go
- 2:41into
- 2:42a
- 2:43store
- 2:43that
- 2:43I
- 2:43maybe
- 2:44haven't
- 2:44been
- 2:44to
- 2:45in
- 2:45a
- 2:45while,
- 2:45like
- 2:45an
- 2:45Old
- 2:46Navy
- 2:46or
- 2:46like
- 2:46a
- 2:46Gap.
- 2:47So
- 2:47I
- 2:47think,
- 2:48you
- 2:48know,
- 2:48all
- 2:48boats
- 2:49rise,
- 2:49right?
- 2:49If,
- 2:50if
- 2:50customers
- 2:50are
- 2:51keeping
- 2:51their
- 2:51money
- 2:51in
- 2:52the
- 2:52family,
- 2:52they're,
- 2:53they're
- 2:53driven
- 2:53to
- 2:54try
- 2:54another
- 2:54Gap
- 2:55banner
- 2:56instead
- 2:57of
- 2:57going
- 2:57to
- 2:57another
- 2:57store.
- 2:58I
- 2:58think
- 2:58this
- 2:58could
- 2:59lead
- 2:59to
- 3:00probably
- 3:00some
- 3:01slower
- 3:01but
- 3:02some
- 3:02positive
- 3:02growth
- 3:03for,
- 3:03for
- 3:04Gap
- 3:04Inc.
- 3:05And
- 3:06that's
- 3:06on
- 3:06the
- 3:06loyalty
- 3:07part,
- 3:07the
- 3:07fashion
- 3:07tainment
- 3:08component.
- 3:09I'm
- 3:09still
- 3:09kind
- 3:09of
- 3:10pausing
- 3:11on
- 3:11that
- 3:11one.
- 3:11I'm
- 3:12going
- 3:12to
- 3:12reserve
- 3:12judgment
- 3:13until
- 3:13I
- 3:13see
- 3:14what
- 3:14really
- 3:15happens
- 3:15with
- 3:16the
- 3:16new
- 3:16ex
- 3:17Paramount
- 3:18woman
- 3:18leading
- 3:18that
- 3:19up.
- 3:19So
- 3:20we'll
- 3:20see.
- 3:20I'm
- 3:20going
- 3:20to
- 3:21reserve
- 3:21judgment
- 3:21on
- 3:21that.
- 3:21But
- 3:22for
- 3:22now,
- 3:22I
- 3:22really
- 3:23like
- 3:23the
- 3:23combined
- 3:23loyalty
- 3:24program
- 3:24part
- 3:24of
- 3:25this.
- 3:25But
- 3:25how
- 3:25about
- 3:25you?
- 3:26Yeah,
- 3:26I
- 3:26think
- 3:27that's
- 3:27a
- 3:27great.
- 3:27I
- 3:27think
- 3:27those
- 3:27are
- 3:27great
- 3:28points.
- 3:28I
- 3:28mean,
- 3:28I
- 3:28think,
- 3:28you
- 3:28know,
- 3:28at
- 3:28the
- 3:28end
- 3:29of
- 3:29this
- 3:29is
- 3:29just
- 3:29good
- 3:29smart
- 3:30retailing,
- 3:30you
- 3:30know,
- 3:30and
- 3:30I
- 3:31think
- 3:31back
- 3:31to
- 3:31having
- 3:31worked
- 3:31at
- 3:31the
- 3:32brand,
- 3:32too,
- 3:32I
- 3:32thought,
- 3:32you
- 3:33know,
- 3:33I
- 3:33never
- 3:33thought
- 3:33about
- 3:33this
- 3:34until
- 3:34you
- 3:34just
- 3:34mentioned
- 3:34it.
- 3:34You
- 3:35know,
- 3:35I
- 3:35think,
- 3:35you
- 3:35know,
- 3:35if
- 3:35you
- 3:36look
- 3:36at
- 3:36Gap
- 3:3620
- 3:36years
- 3:36ago,
- 3:37there
- 3:37was,
- 3:37there
- 3:37was
- 3:38a
- 3:38good
- 3:38cohesion
- 3:38across
- 3:39all
- 3:39those
- 3:39brands.
- 3:40Like,
- 3:40I
- 3:40felt
- 3:40like
- 3:40people
- 3:40knew
- 3:41that
- 3:41the
- 3:42same
- 3:42company
- 3:42was
- 3:43running
- 3:43all
- 3:43of
- 3:43them.
- 3:44And
- 3:44I
- 3:44feel
- 3:44like
- 3:45that's
- 3:45kind
- 3:45of
- 3:45died
- 3:45off
- 3:46a
- 3:46little
- 3:46bit.
- 3:46And
- 3:46to
- 3:47your
- 3:47point,
- 3:47it
- 3:47is
- 3:47a
- 3:48very
- 3:48frustrating
- 3:48experience
- 3:49to
- 3:49have
- 3:49to
- 3:49use
- 3:49different
- 3:50credit
- 3:50cards
- 3:50at
- 3:50all
- 3:51the
- 3:51different
- 3:51brands.
- 3:51And,
- 3:52and
- 3:52why
- 3:52is
- 3:52that?
- 3:53So
- 3:53if
- 3:53that's
- 3:53what
- 3:53they're
- 3:53going
- 3:54for
- 3:54here,
- 3:54I
- 3:54think
- 3:54it's,
- 3:55it's
- 3:55a
- 3:55big
- 3:55win
- 3:56and
- 3:56it
- 3:56potentially
- 3:56does
- 3:56get
- 3:56me
- 3:57cross
- 3:57shopping
- 3:57more
- 3:58and
- 3:58makes
- 3:58it
- 3:58easier
- 3:59for
- 3:59me,
- 3:59too,
- 3:59and
- 3:59makes
- 4:00me
- 4:00more.
- 4:00Have
- 4:01more
- 4:01affinity
- 4:01to
- 4:02the
- 4:02brand.
- 4:02But
- 4:02I'm
- 4:02with
- 4:03you.
- 4:03Like,
- 4:03I,
- 4:03I'm
- 4:04not
- 4:04buying
- 4:04into
- 4:04the
- 4:04entertainment
- 4:05connection
- 4:06just
- 4:06quite
- 4:06yet.
- 4:07I
- 4:07think
- 4:07there's
- 4:07a
- 4:07lot
- 4:07more
- 4:07proof
- 4:08that
- 4:08needs
- 4:08to
- 4:08be
- 4:08put
- 4:09into
- 4:09that
- 4:09pudding,
- 4:10so
- 4:10to
- 4:10speak,
- 4:10because
- 4:11that's
- 4:12just
- 4:12something
- 4:12that's
- 4:12really
- 4:12hard
- 4:13to
- 4:13scale.
- 4:13It's
- 4:13really
- 4:13hard
- 4:14to
- 4:14make
- 4:14it
- 4:14impactful
- 4:14to
- 4:15a
- 4:15large
- 4:15degree
- 4:15to
- 4:15a
- 4:16large
- 4:16number
- 4:16of
- 4:16consumers.
- 4:17You,
- 4:17you've
- 4:18got
- 4:18to
- 4:18really
- 4:18figure
- 4:18out
- 4:18the
- 4:18marketing
- 4:19side
- 4:19of
- 4:19that.
- 4:20I'm
- 4:21hesitant
- 4:21on
- 4:21that,
- 4:21but
- 4:21I
- 4:22think
- 4:22it
- 4:22just
- 4:22seems
- 4:23like
- 4:23a
- 4:23good,
- 4:23smart
- 4:23move.