Latest / Leaders in Customer Loyalty, Powered by Loyalty360 / #397: Carter’s: Engaging the Next Generation of Customers with Creative Campaigns and Conversations
Transcript
- 0:02Mark Johnson: When you're a 165 year old company with 750 retail locations across the United States, conduct business in 40 countries, some executives may rest on their laurels and maybe even hit cruise control, yet not Jeff Jenkins, chief Marketing Officer at Carter's, which is one of the most storied brands in the world today.
- 0:21Mark Johnson: Jeff knew the importance of Big L loyalty, as he described it, which is a focus on brand value, brand recognition and driving loyalty to the brand, and also Little L loyalty the program itself.
- 0:33Mark Johnson: The Little L loyalty, the program itself, was one of the most important factors that drove him to the iconic brand five years ago to become the new and now current Chief Marketing Officer at Carter's.
- 0:44Mark Johnson: The award-winning and recognized Rewarding Moments Loyalty Program enables 91% of the transactions to go through into the program.
- 0:53Mark Johnson: They are the number one retailer in children's apparel from 0 to 10, and this rich treasure trove of data allows the Customer Loyalty Program to feed deep understandings of the customers.
- 1:04Mark Johnson: That leads to critical personalization and communication efficacy, which enables parents to get through childhood unscathed.
- 1:12Mark Johnson: Jeff, thank you very much for taking the time to join us today.
- 1:14Mark Johnson: Can you give us a short introduction to Carter's and tell us about your role within the company and your experience in customer loyalty?
- 1:21Jeff Jenkins: I sure can.
- 1:22Jeff Jenkins: So my name is Jeff Jenkins.
- 1:24Jeff Jenkins: As you mentioned, I'm the CMO, so I oversee all things customer, all things, marketing, pr, social, brand, creative, all of those pieces.
- 1:34Jeff Jenkins: I've been here at Carter's for five years.
- 1:37Jeff Jenkins: In the world of Carter's that means I'm a newbie.
- 1:39Jeff Jenkins: We are a 165-year-old company that is the number one retailer in children's apparel globally.
- 1:46Jeff Jenkins: We are the number one brand.
- 1:48Jeff Jenkins: We have 750 stores in the US, we're in over 40 countries and we're the number one brand at Target, walmart, amazon, macy's, kohl's, you name it we're the number one brand and all those retailers play a key role in making sure that parents get through parenthood unscathed, as we say.
- 2:06Mark Johnson: We'd love to know more about Carter's Rewards, the tiered program which promises the perks of parenthood.
- 2:11Mark Johnson: Can you briefly describe how the program works, how customers engage with the program and what the benefits of the program are, and why a customer may drive to be more of a VIP or a VIP plus credit card reward member?
- 2:23Jeff Jenkins: Yeah, I mean I think in any retail space right now, loyalty and I say loyalty in two ways of saying loyalty.
- 2:29Jeff Jenkins: I call it big L loyalty, ie big brand loyalty and then little L loyalty, which is more of the traditional loyalty program mechanics.
- 2:37Jeff Jenkins: I think loyalty big L loyalty is very important, right?
- 2:41Jeff Jenkins: That is the key ingredient to success.
- 2:43Jeff Jenkins: We are a life stage based company.
- 2:45Jeff Jenkins: Carter's is you grow with us from zero to 10.
- 2:47Jeff Jenkins: It's really important for us to be there when you decide to have a child and be there all the way through and keep you as a customer for 10 years.
- 2:54Jeff Jenkins: So both big L loyalty is important and little L loyalty, which is our rewarding moments program, is very crucial in how we drive our business.
- 3:04Jeff Jenkins: From our rewarding moments and my Carter's Rewards, as we've rebranded in the last year, what's really exciting about it is one of the things that attracted me to this job five years ago was our loyalty and rewards program.
- 3:18Jeff Jenkins: We are unparalleled in our penetration.
- 3:21Jeff Jenkins: I always say there is no one like Carter's in the rewards game and the loyalty space out there.
- 3:28Jeff Jenkins: 91% of our transactions go through our loyalty program.
- 3:31Jeff Jenkins: So it is an unparalleled, robust data set of customers, transactions that we understand and can personalize journeys and experiences for you on, especially in a world where we know you're going to buy a six-month-old pink pajama, you're going to buy it at nine months, you're going to buy it at 12 months.
- 3:51Jeff Jenkins: Being able to leverage data to be able to reward you and keep you incented and engaged in a loyalty program is really impressive.
- 3:59Jeff Jenkins: I mean, I think if you look across the industries not just apparel of what the penetration of loyalty is, the high watermarks are in the 50s and 60s out there and we're sitting at 91, which is something that, when I was eyeing this job sort of was like a marketer's dream to be able to play in a sandbox that is that full of data.
- 4:17Mark Johnson: Carter's is launching more than just cute a campaign leveraging video designed to specifically engage millennials and older Gen Z parents.
- 4:25Mark Johnson: Can you speak to the strategies your team has applied?
- 4:28Mark Johnson: As the campaign was designed, how did your brand leverage data and customer insights to guide development?
- 4:35Jeff Jenkins: Yeah, well, as a marketer, I grew up in the CPG, young brands world, and so everything always starts with the customer.
- 4:41Jeff Jenkins: Classically trained marketer, you've got to start with the customer, and so at the beginning of this year we started out sort of really focused on consumer insights.
- 4:49Jeff Jenkins: And two things grew out of that right, which is the new Carter's Rewards program and this new campaign More Than Just Cute.
- 4:56Jeff Jenkins: One of the things we saw in our data was the customer's changing.
- 5:00Jeff Jenkins: I think when you think about how COVID has affected everyone, how there's channel shifts going on, there's behavioral shifts value is super important in an economy.
- 5:10Jeff Jenkins: That's where particularly young folks, those on the cusp of having children, are really cash strapped.
- 5:17Jeff Jenkins: And then the perception of parenthood is changing with social media.
- 5:20Jeff Jenkins: So we sort of use those insights to craft both the Carter's Rewards Refresh with the tears, as you mentioned, and then, secondarily, this More Than Just Cute campaign.
- 5:28Jeff Jenkins: We brought on a new ad agency, mischief, who is probably one of the hottest creative if not the hottest creative agency, but More Than Just Hot.
- 5:37Jeff Jenkins: They're great people and they've got great ideas.
- 5:41Jeff Jenkins: And so we gelled with them right away and we sort of said how do we think about a brand that's been 165 years old.
- 5:47Jeff Jenkins: How do we reinvigorate that brand?
- 5:50Jeff Jenkins: How do we make it a new thing?
- 5:51Jeff Jenkins: And so they came up with this idea that you know for so much of the perception of Carter's we're really just considered a cute baby brand and there's the emphasis on cute and the emphasis on baby are two things we wanted to unlock this year.
- 6:04Jeff Jenkins: One, baby one of the reasons we created Tears in our loyalty program was how do we incent people to stay with us beyond the first one or two years?
- 6:12Jeff Jenkins: How do we create these levels for them to achieve to stay with us beyond baby?
- 6:16Jeff Jenkins: And then the more than just cute campaign really was the unlock of how are we viewed as something beyond cute baby clothes?
- 6:22Jeff Jenkins: We view to something beyond cute baby clothes.
- 6:23Jeff Jenkins: We know that with 165 years of experience, we understand that not all of parenthood is cute, that for every one poster or picture you post on Instagram or TikTok, you've probably got 600 things in your camera feed of missed shots or mishaps.
- 6:38Jeff Jenkins: And we really wanted to expose that we're there for both the great moments as well as the other 99% of those moments which may be more than just cute.
- 6:45Mark Johnson: And how will Carter measure the success of the campaign?
- 6:48Mark Johnson: What KPIs are prioritized by your team and how will they potentially inform future customer engagement efforts?
- 6:56Jeff Jenkins: Yeah, I think it's a new path for us.
- 6:59Jeff Jenkins: We've not been a traditional retailer that does a lot of what I would consider upper funnel.
- 7:03Jeff Jenkins: So one of the things when we went into this, a lot of our marketing over the years preceding my arrival and for the first couple of years I was here was really focused on bottom of the funnel conversion metrics, roas, kpis that are driving sales.
- 7:17Jeff Jenkins: And this one was we need to change the brand's perception, sales.
- 7:22Jeff Jenkins: And this one was we need to change the brand's perception.
- 7:23Jeff Jenkins: So we have a brand health tracker that we do every quarter, measuring certain brand health metrics, brand perceptions, customer behaviors, and so we said with this new campaign we really want to shift perception of the brand.
- 7:32Jeff Jenkins: So how do we measure brand appeal to the next generation?
- 7:36Jeff Jenkins: Gen Z is having children now.
- 7:37Jeff Jenkins: It's hard to believe, but Gen Z are now parents.
- 7:39Jeff Jenkins: So how are we changing the perceptions with Gen Zs?
- 7:41Jeff Jenkins: How are we changing the perception with millennials?
- 7:43Jeff Jenkins: And one of the most important KPIs that we're looking at was new customers.
- 7:47Jeff Jenkins: So how are we bringing in new customers for a life stage brand such as Carter's or other places I've worked in my career bringing in that next generation of customers?
- 7:55Jeff Jenkins: You have to wake up every day obsessed with how do you bring in that next generation of customers, because eventually, customers age out of our brand, and so I think, when we think about those metrics, we actually had to redo our measurement.
- 8:07Jeff Jenkins: Uh, completely about how we're measuring.
- 8:08Jeff Jenkins: How do we tie our online and all our online and our offline to television, ctv display video in a way that we can really measure it?
- 8:17Jeff Jenkins: And so we spent um, probably a good three months.
- 8:20Jeff Jenkins: Once the campaign was set was how are we going to measure?
- 8:23Jeff Jenkins: How are we going to drive the impact and see what's going to happen?
- 8:26Jeff Jenkins: Of course, sales are always the end goal, but how is it affecting those metrics that really we have in our brand health tracker?
- 8:32Jeff Jenkins: There are five key measures that drive future purchase intents.
- 8:35Jeff Jenkins: So how are we going to use this campaign to change the perceptions on these five metrics that drive future purchase intent, knowing that you may see an ad at maybe 70 days before you make a purchase 50 days but we want to make sure that we're understanding how those things are interacting with each other to drive greater throughput.
- 8:55Jeff Jenkins: And then the lastly is retention right.
- 8:58Jeff Jenkins: We've got to keep you year to year.
- 8:59Jeff Jenkins: We want you to stay with us as long as possible.
- 9:01Jeff Jenkins: So we're actually looking at, you know, obviously measuring our media against an LTV as part of our ROAS, so understanding that new customer that we're bringing in, what type of customer we're bringing in.
- 9:13Jeff Jenkins: Last year we put in a new CDP, so our customer data platform, and so one of the things we do is, for every new customer, we're scoring them against our lifetime value in real time and optimizing our media buys against that LTV.
- 9:26Jeff Jenkins: So it's really an exciting time.
- 9:27Jeff Jenkins: I'm not saying we've got it all solved.
- 9:28Jeff Jenkins: I think that's one of the things about marketing right now is that there's always new tool sets and always new things coming down the pipe that are challenging and which ones are good and which ones are a little bit of vaporware at times.
- 9:40Mark Johnson: We recently completed a research paper called the Next Generation of Customer Loyalty.
- 9:44Mark Johnson: It examined what brands think about the future of customer loyalty, including ways to engage and drive loyalty to younger shoppers.
- 9:52Mark Johnson: Can you tell us a little bit more about how Carter's is committed to engaging families during some of the most memorable times of their lives, and what does Next Generation Customer Loyalty mean to you and to Carter's?
- 10:03Jeff Jenkins: Yeah, it is something I think we are constantly trying to unpack.
- 10:06Jeff Jenkins: What is that loyalty?
- 10:08Jeff Jenkins: I think one of the things, particularly with the next generation, is that that is this notion of the big L loyalty.
- 10:15Jeff Jenkins: Right, the brand loyalty, the experience, that loyalty is more than just the loyalty program that they're used to.
- 10:20Jeff Jenkins: It's what is the brand experience you're giving them.
- 10:22Jeff Jenkins: You know we pride ourselves on having the best experience in retail for new parents, with over 750 stores in the U?
- 10:29Jeff Jenkins: S.
- 10:29Jeff Jenkins: We really try and think how are all of these experiences laddering up to something that feels unique?
- 10:35Jeff Jenkins: So for us it's.
- 10:37Jeff Jenkins: It's the loyalty program itself, carter'swards, but it's also what is the brand experience?
- 10:41Jeff Jenkins: And she is looking for different things than she was, maybe five years ago even.
- 10:46Jeff Jenkins: I think now one of the things we're seeing from a loyalty perspective is what are the perks you're giving me?
- 10:50Jeff Jenkins: I think everyone is trying to sort through all the perks that are given with these programs.
- 10:56Jeff Jenkins: Right, if you're a Prime member, if you're a Walmart Connect or Walmart Plus member, what are all the ancillary benefits?
- 11:01Jeff Jenkins: Or Walmart Plus member, what are all the ancillary benefits?
- 11:02Jeff Jenkins: One of the things that we put in our program over the last couple of years is the ability to recycle clothes and get rewarded for this sort of like.
- 11:06Jeff Jenkins: You know, the ESG portion of loyalty, of really like, how do we make sure that we know clothes are handed down, how do we make sure that we do our part in helping facilitate that aspect as part of our program?
- 11:17Jeff Jenkins: So that's an element that we put in our program that we didn't have before.
- 11:21Jeff Jenkins: So I think it's around the experiential stuff as much as it is around the traditional earn and burn mechanics of a loyalty program and creative value.
- 11:28Mark Johnson: Emotional loyalty is also another topic that's very important to the members of Loyalty360.
- 11:33Mark Johnson: We meet weekly and discuss different topics pertaining to customer loyalty, both big L and a little l.
- 11:39Mark Johnson: Customer loyalty and emotional loyalty is something that brands are very focused on.
- 11:42Mark Johnson: Starting and caring for a family is packed with significant emotional experiences.
- 11:47Mark Johnson: Can you discuss how Carter's rewards and initiatives, such as the More Than Cute campaign, spark and cultivate emotional loyalty with customers, and can you provide maybe other examples as well?
- 11:59Jeff Jenkins: Yeah, I think the thing that we're trying to do now with our new rewards program and loyalty program is really more around cultivating a conversation.
- 12:10Jeff Jenkins: You know, I think loyalty for so long was a one way I buy this, you get that and I think now, with all of our personalization capabilities that we've been bringing on over the last few years, it's really been about how do we cultivate a conversation with you, how do we share aligned interest?
- 12:27Jeff Jenkins: How do we make sure that our messaging is bringing you the right message at the right time that's relevant to you?
- 12:33Jeff Jenkins: How are we driving things like pieces of content that may have nothing to do with shopping, but your child, we know from a purchase cycle, is about ready to be two, and we know that means potty training, and how do we send you some content relative to potty training, because that's sort of around the two to three year mark.
- 12:48Jeff Jenkins: Those sort of moments, I think, are where we're really trying to cultivate a conversation, because I think that's sort of like shouting one way is an old way of marketing, and I think consumers' expectations have changed around what they expect from rewards programs and loyalty and how they engage with brands, and so I think those are the things that we're trying to build in experiences around the stages what we call ages and stages of a child's life, and how do we have conversations and provide you value and, in turn, hopefully builds loyalty and a relationship with our brands.
- 13:22Mark Johnson: During a recent Loyalty360 advisory board discussion and in recent brand surveys as well.
- 13:28Mark Johnson: Looking at technology can be quite complex and challenging for many brands.
- 13:33Mark Johnson: Not only do they have to keep up with the day jobs, making sure that they have all the marketing efforts in place, but understanding new technology that can drive deeper engagement or brand loyalty is something that many are challenged with and they find it very challenging to be able to make sure that they understand and be able to implement the right technologies.
- 13:52Mark Johnson: When you look at picking platforms or leveraging platforms, is this something that you have had a challenge with and, if so, how do you address and make sure that Carter's picks the most important technology and most impactful technology for your brand's customer loyalty efforts?
- 14:10Jeff Jenkins: Yeah, I mean the marketing technology space is probably the fastest evolving space that I've seen in the last 15 or 20 years.
- 14:21Jeff Jenkins: It's just moving at such a rapid pace and I think the sort of advent or acceleration of AI is only going to add fuel to the fire of what can and can't be done.
- 14:31Jeff Jenkins: With every technology demo over the last 25 years of my career, there are definitely cases of pure vaporware and there are cases of, hey, really great technology that can deliver.
- 14:42Jeff Jenkins: I think it's part of our jobs is to really suss out what does our organization need?
- 14:48Jeff Jenkins: Not necessarily what's the shiny object out there, but what does our organization need in order to achieve its objectives.
- 14:53Jeff Jenkins: And then, how do we find the technology and really go deep?
- 14:56Jeff Jenkins: We have been very lucky at Carter's that we've got phenomenal partners.
- 15:00Jeff Jenkins: We've done the due diligence and really found technologies and platforms that are enabling us to achieve the results that we want.
- 15:10Jeff Jenkins: I think the challenge is always in the integration right.
- 15:12Jeff Jenkins: That's where the big challenges are.
- 15:14Jeff Jenkins: It's not that a platform can't do what it says Generally.
- 15:16Jeff Jenkins: Where you find it is more of the struggle of well, how do you make sure that this platform talks to that platform that talks to this platform that talks to this platform and returns a call to the original platform in under 400 milliseconds, because that's the call time it has to have to return an experience that the customer will deem seamless on the website.
- 15:34Jeff Jenkins: So I think that is really where the challenges are, and how do you get everyone on the same page.
- 15:39Jeff Jenkins: And talking about those integrations is where I think we run into.
- 15:44Jeff Jenkins: The sort of bumps along the road is how do you make sure those integrations are talking?
- 15:47Jeff Jenkins: How do you make sure that everyone's formatting the data in the same way?
- 15:51Jeff Jenkins: Right, when I arrived at Carter's five years ago, roughly 90% of our transactions were going through our loyalty program, but the data elements were sitting in three different data lakes.
- 16:02Jeff Jenkins: There was no real-time ability to pull real-time attributes off of our customer master and our database.
- 16:09Jeff Jenkins: So while we had this unbelievable pool, they weren't talking to each other because we had not set up the integrations properly.
- 16:15Jeff Jenkins: As we rebuilt our MarTech stack over the last three years, we really focused in and said okay, how do we make sure that the integrations are the sort of secret sauce?
- 16:24Jeff Jenkins: The platforms are all great, but how do we have the integrations that make sure that we can get that data to provide a better experience for our customers.
- 16:31Mark Johnson: When you look at other customer loyalty programs are there programs that you admire, that you find impactful from a customer loyalty perspective.
- 16:38Mark Johnson: What do you like about their offerings and are there any elements of that program that you would like to implement into Carter's Rewards?
- 16:46Jeff Jenkins: Yeah, we are always studying for like what is the best in the class.
- 16:49Jeff Jenkins: One that I hold up in really high regard because I have a 13 year old daughter who is obsessed with makeup and skincare is Sephora, which often always comes up, the Sephora VIP Insider.
- 17:04Jeff Jenkins: And she is, you know, as a 13 year oldyear-old going through that sort of journey on sort of middle school and she's obsessed with it.
- 17:15Jeff Jenkins: And I'll give a good example.
- 17:17Jeff Jenkins: My wife and my daughter went up to New York City for a girls trip her first time in New York City.
- 17:21Jeff Jenkins: They stopped at five different Sephoras in New York City.
- 17:25Jeff Jenkins: I told my wife I was like I'm pretty sure the same stuff in the Sephora in Atlanta is the same stuff in each of those five Sephoras in New York City.
- 17:30Jeff Jenkins: I told my wife I was like I'm pretty sure the same stuff in the Sephora in Atlanta is the same stuff in each of those five Sephoras in New York.
- 17:33Jeff Jenkins: But I think they do a phenomenal job from an online, offline integration piece that Sephora does a phenomenal job with.
- 17:39Jeff Jenkins: I think their branding and their experiential piece, getting to the rouge level the unique secret lipstick color that you get when you become the top level all these little bits that make you feel like the brand knows and sees you and you feel valued, are something that I think of as a really important piece.
- 18:01Jeff Jenkins: I think there's something really inspiring and I don't know that I would necessarily call it the traditional loyalty program, but by REI's co-op program, which is, you know, this sort of collective piece and you get a reward and sort of a dollar at the end of the year based on your shopping behavior and you feel like you're an insider per se.
- 18:18Jeff Jenkins: But it's a unique, different program.
- 18:19Jeff Jenkins: I think someone who shops a lot at REI and spends a lot of time outdoors, it's one of those where it's just a unique program that I'm not sure anyone else could pull off, given their structure.
- 18:30Jeff Jenkins: But there's something to be learned for us always between whether it's Sephora, the inline, offline, online and offline integration that support us so well, whether it's the sort of way they're setting up and communicating the customer at REI.
- 18:46Jeff Jenkins: Those are two that jump out of the page to me, that I'm always just trying to learn about.
- 18:51Jeff Jenkins: What are they doing?
- 18:52Jeff Jenkins: That makes, and everyone is, passionate about those programs and passionate about those brands, and so the sort of the programs and the loyalty add up to a larger big brand loyalty piece for those companies.
- 19:02Mark Johnson: And last question what can Loyalty360 do to help you and your team with your customer loyalty efforts?
- 19:08Jeff Jenkins: Yeah, I think the things we're always seeking are sort of in two buckets right, which is one is and we've talked a little bit about those, about one which is the first one being is like just helping decipher the roadmap or the landscape of all the different evolving technologies.
- 19:24Jeff Jenkins: That is probably the biggest challenge that you run into.
- 19:28Jeff Jenkins: There's no shortage of great products out there, but which one is right for what our needs are?
- 19:34Jeff Jenkins: I think that's something that as a marketer, as a leader, you're always trying to decipher, because there are ones that are more real than others.
- 19:42Jeff Jenkins: There's ones that are good for you, that may work, but they're not right for you.
- 19:45Jeff Jenkins: So I think trying to suss out that I think sometimes in the process of an RFP or a sales process, I think sometimes companies will pitch that they can do everything for everyone, but really trying to understand what each platform or partner can do really well will help me and help our team.
- 20:04Jeff Jenkins: I think the other one is just what are those ever-evolving insights, the expectations of customers?
- 20:09Mark Johnson: .
- 20:10Jeff Jenkins: How are they evolving?
- 20:11Jeff Jenkins: What are those pieces in which they're seeing and judging loyalty programs and wants and needs around?
- 20:16Jeff Jenkins: Who's doing it best?
- 20:18Jeff Jenkins: I only get to see so many loyalty programs that I participate in.
- 20:21Jeff Jenkins: There are probably programs out there that I don't know, no matter how much I look.
- 20:25Jeff Jenkins: So trying to understand what's best in class what are consumers gravitating?
- 20:29Jeff Jenkins: What are those trends.
- 20:29Jeff Jenkins: I think those are the big ones.
- 20:30Jeff Jenkins: For me, those two buckets are things that I would look to, Loyalty360 to continue to help us understand.
- 20:37Mark Johnson: And now it's time for the quickfire round questions.
- 20:39Mark Johnson: We'd like to keep the responses to one word or a quick phrase.
- 20:44Mark Johnson: The first question is what is your favorite word?
- 20:47Jeff Jenkins: Curiosity.
- 20:48Jeff Jenkins: Mark: What's your least favorite word, but Not the bad version of, but the but in the middle of a sentence.
- 20:53Mark Johnson: And what excites you?
- 20:55Jeff Jenkins: I would have to say new ideas, like going along with the curiosity, new ideas and what do you find tiresome?
- 21:00Jeff Jenkins: Last year-itis what is a must-have from the Carter's lineup that all families need to know about.
- 21:13Jeff Jenkins: We started a new line called Little Planet Organics three years ago.
- 21:14Jeff Jenkins: It's now the largest organic baby line in the US and it's at incredible prices, so I think that is a sort of hidden gem that we have.
- 21:21Jeff Jenkins: I know that's more than one word.
- 21:23Mark Johnson: Is there a book that you've read that you'd like to recommend to colleagues?
- 21:27Jeff Jenkins: My favorite book that I give almost everyone on my team is Essentialism by McCown.
- 21:35Mark Johnson: What profession other than the one that you're currently in now would you like to try?
- 21:38Jeff Jenkins: I would have loved in another life, to have been an architect.
- 21:41Mark Johnson: What do you enjoy doing that you don't often get the time to do More time in the water.
- 21:46Jeff Jenkins: Lake beach ocean More time in the water.
- 21:49Mark Johnson: Who inspired you to become the person you are today.
- 21:52Jeff Jenkins: My parents, my dad, more than anything, shaped who I am today and who I continue to try and be and set the bar high.
- 22:01Mark Johnson: And last one how do you want to be remembered by your friends and family?
- 22:06Jeff Jenkins: I would have to say, as the memory maker, as the person who created fun memories for everybody, excellent.
- 22:13Mark Johnson: Well, jeff, thank you very much for taking the time to speak with us today.
- 22:15Mark Johnson: It was great getting to know you, but also getting to know more about Carter's Rewards, how effective it is and how you've developed it and the focus you have going forward on the program too.
- 22:25Mark Johnson: It's really reassuring to hear some things that you have coming out forward on the program too.
- 22:29Mark Johnson: It's really reassuring to hear some things that you have coming out and also the passion you have for the brand and the program doesn't always resonate in some of these interviews, but to hear it in your interview and the passion you have was great to hear.
- 22:38Mark Johnson: We appreciate it and thank you, looking forward to hearing more from your brand in the coming year.
- 22:43Mark Johnson: So thanks again.
- 22:43Mark Johnson: Thank you, everyone else for taking the time to listen today.
- 22:46Mark Johnson: Make sure you check back for additional episodes of our leaders and customer multi-series soon and until then, have a wonderful day.