Latest / Leaders in Customer Loyalty, Powered by Loyalty360 / Tractor Supply Company: Building Strong Customer Loyalty with a Devoted Rural Demographic
Transcript
- 0:05Mark Johnson: Good afternoon, good morning.
- 0:06Mark Johnson: This is Mark Johnson from Loyalty 360.
- 0:08Mark Johnson: Hope everyone's happy, safe and well.
- 0:09Mark Johnson: I want to welcome you to another edition of our Leaders in Customer Loyalty series.
- 0:13Mark Johnson: In this series, we have the privilege of speaking with leading brands about what they are seeing and hearing on the front lines of customer channel and brand loyalty.
- 0:20Mark Johnson: Today we have the pleasure of speaking with Kimberley Gardiner.
- 0:23Mark Johnson: She's the chief marketing officer of Tractor Supply.
- 0:26Mark Johnson: How are you today?
- 0:28Kimberley Gardiner: I'm doing really well.
- 0:29Kimberley Gardiner: How are you, Mark?
- 0:30Mark Johnson: Doing well.
- 0:30Mark Johnson: Thank you very much.
- 0:31Mark Johnson: First off, for those who may not know Tractor Supply there may be one or two people out there Would love to know a little bit more about you, your background and, can you, current role at Tractor Supply.
- 0:44Kimberley Gardiner: Yeah, happy to.
- 0:45Kimberley Gardiner: So prior to coming to Tractor Supply, almost a year ago now, I spent about 20 years in automotive with brands like Toyota, lexus, mitsubishi, kia and, most recently, volkswagen.
- 0:58Kimberley Gardiner: So a lot of different perspectives that I got from those brands.
- 1:02Kimberley Gardiner: One thing I will say about myself is, you know, I always say to my team like I love, love, love marketing, not just automotive, but all marketing, because I find it something.
- 1:11Kimberley Gardiner: If you are very much okay with change, which I am, then marketing is something that is never the same, even we can say now, week in and week out, let alone month in and month out, and, you know, year over year.
- 1:21Kimberley Gardiner: So I'm somebody that continues to love the craft of marketing and really, really enjoy it and I love understanding what customers needs and wants are and making that shift from automotive to Tractor Supply.
- 1:35Kimberley Gardiner: Really really fantastic organization, just such a fantastic culture, really lives its mission and values, and that was a huge driver for me.
- 1:43Kimberley Gardiner: Personally, I find that I'm somebody that just I work better and I really get more out of not even a job at a career, I should say, over time with brands that I really believe in and that's been a throughput for me throughout my entire career and I can definitely say that's the case here at Tractor Supply.
- 2:02Kimberley Gardiner: So I joined the company like I said, almost a year ago July of 2022, to lead all of our marketing functions, including data analytics, loyalty, crm, media partnerships, creative content strategy which we're recently adding, a group to help us with that national and local store marketing activities and then, as well as our store promotional support.
- 2:26Mark Johnson: Okay, quick question.
- 2:27Mark Johnson: When you came over from automotive I think deep roots there what was the?
- 2:32Mark Johnson: Maybe something that stood out as a change for you, or something when you moved more to retail?
- 2:37Mark Johnson: Was there one thing?
- 2:38Mark Johnson: There are two things that may have been kind of completely different.
- 2:41Mark Johnson: Obviously you were very flexible being able to address that, but you know what was the biggest difference, or was there one?
- 2:47Kimberley Gardiner: I think one of the biggest differences is just given automotive and the product itself.
- 2:51Kimberley Gardiner: It's something that you keep for a minimum if you're leasing a car for two to three years, but a lot of folks keep them for five to 10, even more years.
- 2:58Kimberley Gardiner: And so when we talk about how do you understand customer needs and wants, it's not only just that purchase and then that repeat coming back for things like service, but it's really over a potentially over someone's entire lifetime, with many people buying vehicles over and over again with the same brand.
- 3:16Kimberley Gardiner: So, taking that customer lifetime value that was that was much more expansive and then coming to retail, which by definition, is a little bit more short term, right, week over week, month over month.
- 3:26Kimberley Gardiner: What do we need to do to drive the business?
- 3:29Kimberley Gardiner: It's been a neat way for me to take that longer term thinking and use some of that into how do we nurture customer relationships over a longer period of time, which tractor supply, quite frankly, already does so well.
- 3:45Mark Johnson: Okay excellent Yeah, I think that's great.
- 3:46Mark Johnson: That's a very unique perspective from the automotive industry and I think also the automobile has the brand side too, but also has a dealer side, and big JD Power fan met him a couple of times in his seminal book really talks about just the dissonance between the two.
- 4:02Mark Johnson: Right, it's that old agency conflict you had in business school.
- 4:04Mark Johnson: The brand on the automobile side has their perspective, the dealers have their perspective and it kind of clashes where, at least with tractor supply, you're more aligned there and you can kind of drive that brand strategy, especially with all those roles rolling up to you.
- 4:18Mark Johnson: It sounds like that's kind of your focus for sure.
- 4:21Kimberley Gardiner: Yeah, and I think that, coming again from auto, where you are all about influencing that customer to make that decision at a more of a national like you said, a brand level, but you don't control that experience at the dealer level so being able to now influence that experience and working with our merchants and working with different teams here at tractor supply, it's so satisfying to be able to say that we can actually help make that experience.
- 4:46Kimberley Gardiner: It's pretty great, but we can make it even better and that's really fulfilling as well.
- 4:50Kimberley Gardiner: You'd asked earlier, though, about a fun fact about me I actually do not watch TV, which might be surprising for some folks in marketing.
- 5:00Mark Johnson: Oh, at all, or just not that often.
- 5:05Kimberley Gardiner: Not at all.
- 5:05Kimberley Gardiner: I watch some streaming services here and there on my laptop at home, but I have not really had a screen of any large proportion and I don't watch TV at all.
- 5:16Mark Johnson: That's good.
- 5:16Mark Johnson: Yeah, I watch a lot of movies.
- 5:18Mark Johnson: I don't watch much TV, but that's that's.
- 5:21Mark Johnson: That's interesting.
- 5:22Mark Johnson: So that's the first one.
- 5:23Mark Johnson: For that Do you get the not watching TV award.
- 5:25Mark Johnson: So when you look at tractor supply Again, for someone who may not be familiar with tractor supply, can you give us a short history of the brand and what you guys do, how you do it, where you do it?
- 5:37Kimberley Gardiner: Absolutely so.
- 5:38Kimberley Gardiner: The company was originally founded back in 1938 as a mail order catalog business and then about a year later opened up its first retail store in a little town called Minot, North Dakota, in 1939.
- 5:53Kimberley Gardiner: Since then now, tractor supply has been very, very passionate about making sure we serve the needs of those recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and and really all those folks out there who enjoy what we call life out here Tractor supply.
- 6:11Kimberley Gardiner: It's funny.
- 6:11Kimberley Gardiner: You know people asking about the name tractor supply and although we've sold tractors over the years and all the things for tractors, that's obviously changed Now.
- 6:20Kimberley Gardiner: You can, I believe, get a few from from us in terms of some mail order that you can do with one of our Partners that we've got for tractors.
- 6:27Kimberley Gardiner: But overall really it's a we're a large, the largest.
- 6:30Kimberley Gardiner: It's just a rural lifetime lifestyle retailer in the US with over 2100 stores across 49 states, very much a needs-based, essentials based business and we have now 52,000 team members and one of the things I think that makes us so special is they're really known for what we call legendary Customer treatment and really helping customers find what they're looking for.
- 6:53Kimberley Gardiner: So lots of different things across the store and it's always fun for me to talk to somebody who is familiar with tractor supply and says that they love it, and then folks that have heard the name but not quite sure about it, and it's always a joy to be able to tell them a little bit more about the brand and invite them to come to the store.
- 7:08Kimberley Gardiner: Absolutely.
- 7:09Mark Johnson: Yeah, I love hearing these stories and I think one thing that definitely resonates with you is the passion you have for the brand.
- 7:15Mark Johnson: I think you kind of mentioned that earlier, that that definitely is already coming through in the interview, so it's great to hear.
- 7:20Mark Johnson: When you look at your loyalty program the neighbors club at Tractor supply you know how does that program work, how do members engage with the program and what are the benefits for the customer.
- 7:33Kimberley Gardiner: Yeah, so our neighbors club program is what I would call a shop earn and rewards based program.
- 7:40Kimberley Gardiner: We now have, as of Q1, 30 million members that are part of that neighbors club and we've seen significant growth year over year over the past several years.
- 7:49Kimberley Gardiner: With that program, rewards are essentially tiered based on spend.
- 7:54Kimberley Gardiner: So we've got neighbors and we've got preferred, and then we've got preferred plus.
- 7:58Kimberley Gardiner: So it's a tiered program and the higher the tier for example, with our preferred neighbors club members they earn more points for each dollar that they spend and they're eligible for additional rewards like same-day delivery, trailer rentals and several other things.
- 8:14Kimberley Gardiner: So it really encourages folks to migrate up from that base program level, I should say up to preferred and then up to preferred plus.
- 8:22Kimberley Gardiner: And then recently, also in the last couple years or so, we've looked at a few other rewards that people get as part of the program, including those that are tied to the use of our Tractor Supply store card and also those as part of our new Co-branded credit card.
- 8:37Kimberley Gardiner: So customers can accelerate their rewards as well as then earn points not only a tractor supply but at other retailers.
- 8:46Mark Johnson: Okay, interesting.
- 8:47Mark Johnson: So it sounds like you made some adjustments to the program recently and you know how do you use insights from your customers to make those changes Right.
- 8:57Mark Johnson: That the private label credit card program, maybe the partnership programs that you're rolling out that give your you know Customers some engagement and, potentially, redemption options.
- 9:07Kimberley Gardiner: Absolutely so.
- 9:08Kimberley Gardiner: We do a lot of feedback, we do a lot of listening, we capture a lot of customer comments, we do regular neighbors club surveys Across those 30 million members that I mentioned before.
- 9:19Kimberley Gardiner: So we're continuously improving and understanding how we could make the program even better and make future enhancements, the most reason of which we did back in 2021 in terms of really a wholesale review of the program.
- 9:31Kimberley Gardiner: A common theme that we were hearing from our customers were Lack of rewards and and sometimes lack of transparency in terms of how many points do I have and what could those points get me, and those kinds of things.
- 9:42Kimberley Gardiner: So what we did is, you know, I would say, take it from a traditional sort of affinity program in the past To much more of a of a pure loyalty program that has a lot more rewards to it and it's also something now that's tied to a better on the channel experience, which is also something we heard from our customers.
- 10:01Kimberley Gardiner: So they were looking for that on the channel experience, wanted more visibility to their points across multiple shopping channels.
- 10:08Kimberley Gardiner: So, for example, how do we make sure we integrate the program into our mobile app and into our website and then into the store system?
- 10:15Kimberley Gardiner: So those are now ways that you can check your points, see how much you shop or see when your next reward is coming up, see what other benefits that you're eligible for and things like that.
- 10:24Kimberley Gardiner: So it gives the customer a lot more visibility to when they they are in terms of those rewards and things that they can look forward to with that next tier up when they get there.
- 10:35Mark Johnson: That's great to hear One of the things that we do.
- 10:36Mark Johnson: We have a membership community at Loyalty 360 and we meet and talk about different topics and there's been a great deal of discussion around devaluing points, adding value but, most importantly, more clarity, as you mentioned, transparency with a program, because many customers don't feel that the program they understand, the program understand the benefits and many brands change the program quite frequently so it makes it hard it kind of is like a moving eight ball for them to understand kind of the value proposition to them.
- 11:05Mark Johnson: So the transparency piece being able to more easily understand it is a great addition to have for the program for sure.
- 11:13Kimberley Gardiner: Yeah, 100%.
- 11:15Mark Johnson: When you look at customer loyalty, what does customer loyalty mean to you?
- 11:19Mark Johnson: To Tractor Supply and the customers you serve.
- 11:23Kimberley Gardiner: Customer loyalty.
- 11:23Kimberley Gardiner: I would say for us and I've heard some of your other interviews as well when they answered this question and it feels like I would say the same thing in terms of it's absolutely essential.
- 11:31Kimberley Gardiner: It's fundamental to how we do our business and how we think about our business.
- 11:36Kimberley Gardiner: I would say it's been a huge driver of the success that we've seen over the last few decades several decades, I should say as customers rely on tractor supply for those essential needs.
- 11:47Kimberley Gardiner: People are coming in for what we call our cue based items, things that are consumables and usable, essentials and edibles for their pets, for their animals, for really their way of life, and that means that weekend and week out, month in and month out, they're coming in.
- 12:03Kimberley Gardiner: They trust Tractor Supply, they trust our team members.
- 12:07Kimberley Gardiner: They're looking for that consistency, for that value, the quality of the assortment that we have, reliability that we're known for.
- 12:14Kimberley Gardiner: And a couple of just quick notes on loyalty and how we think about that and how that comes to life.
- 12:21Kimberley Gardiner: I often, when I go into stores and our team goes into stores and talk to our team members, talk to our customers, they refer to their Tractor Supply, as when I come to my Tractor Supply, or let me tell you about my Tractor Supply.
- 12:32Kimberley Gardiner: I think that's a real testament to how loyalty really isn't just a label.
- 12:37Kimberley Gardiner: It's something that I think our customers really feel, something that we need to continuously earn.
- 12:41Kimberley Gardiner: We also talk about how many of our team members were former customers it's nice to hear our team members talk about.
- 12:48Kimberley Gardiner: I used to shop here at tractor supply and I loved it so much that I wanted to join the team and be part of the brand itself.
- 12:53Kimberley Gardiner: So I think it's also another way that we think about loyalty is how do we even continue bringing back folks that have big customers and now they wanna be part of our team and part of the brand's just ongoing?
- 13:05Mark Johnson: Okay, when you look at your customers, diverse as they may be, is there a standard, maybe customer characteristic, a key trait that is consistent across them?
- 13:15Mark Johnson: It sounds like passion may be kind of a consistent trait they have for the different areas that you serve.
- 13:20Mark Johnson: Is there a standard trait?
- 13:22Kimberley Gardiner: Yeah, you're a hundred percent right, mark, in terms of that passion for that rural, outdoor life out here lifestyle.
- 13:29Kimberley Gardiner: We describe our customers as friendly, as neighborly someone that you'd like to have as your next door neighbor.
- 13:36Kimberley Gardiner: They're hardworking, very genuine and very resourceful.
- 13:41Kimberley Gardiner: Many of our core customers have recreational farms and ranches.
- 13:46Kimberley Gardiner: They've got animals and pets and they're really about self-sufficiency and that do-it-yourself lifestyle.
- 13:51Kimberley Gardiner: And now our emerging customers, which we've seen grow over the last few years, especially during COVID and following COVID, they really tend to shop for us for a whole basket of different things across the store, so not only things that I mentioned, but also clothing, pet and food supplies, lawn and garden decor and things like that.
- 14:08Kimberley Gardiner: So it's a really I can say this, I'm no imbiased, but it's a really fantastic group of customers that we have and they all seem to be very proud, I think, of the things that they do, the things that they get from our stores and just the lifestyle that they lead.
- 14:25Kimberley Gardiner: It's just really neat.
- 14:27Mark Johnson: Okay, and when you look at your customers, one of the talking points we have with our members is how customers are changing, how they're evolving their attention, their interests, what it may, whatever it may be.
- 14:40Mark Johnson: How did your customers change, maybe going into COVID, coming out of COVID, and how did you adapt and continue to adapt that customer change?
- 14:48Kimberley Gardiner: No, great question, and I think you know we saw across the board right in this country.
- 14:54Kimberley Gardiner: You know, covid really brought a migration of folks, many folks outside of urban centers to ex-urban areas, outside of those major city centers, to more rural areas, and we've seen that growth across multiple customer segments, especially millennials, which is fantastic to see.
- 15:12Kimberley Gardiner: Also more women customers and more diverse customers.
- 15:15Kimberley Gardiner: So that migration of location also came with a migration of mindset, I would say, and more people feeling like they just want to spend their time pursuing things that are important to them and their family.
- 15:26Kimberley Gardiner: That means, you know, caring for their home and then land differently and really appreciating that time outdoors.
- 15:31Kimberley Gardiner: So I would also add that our customers across all cohorts are looking for more flexibility in how they shop and they buy.
- 15:38Kimberley Gardiner: Covid obviously was a huge factor in that.
- 15:42Kimberley Gardiner: They want, you know, more services 24-7, things that are out there ready.
- 15:46Kimberley Gardiner: So we made some really nice enhancements in terms of our E-com business, our buy online pickup, on store and delivery services, to help meet those changing needs that were, I would say, really precipitated by COVID.
- 15:59Mark Johnson: Okay, you touched on a little bit about partnerships.
- 16:01Mark Johnson: It's a big area of interest for a number of brands, as you know.
- 16:04Mark Johnson: It sounds like it's a huge area of interest or focus for Tractor Supply.
- 16:08Mark Johnson: You know how does Tractor Supply typically approach partnerships and are there key partnerships you have in place today and how did those come about?
- 16:16Kimberley Gardiner: Sure, so many of our partnerships, I would say, stem from interest that people pursue in our stores, right.
- 16:23Kimberley Gardiner: So we talked about, you know, that rural kind of base lifestyle, outdoor living, do-it-yourself, self-sufficiency, things like that.
- 16:30Kimberley Gardiner: So those themes are really a nice filter, I would say, for how we think about partnerships across the board.
- 16:36Kimberley Gardiner: You know, from a marketing perspective we have a number of partnerships right now In addition to vendors that we work with in the store brands like Purina and Carhart and Cargill, etc.
- 16:47Kimberley Gardiner: Also things like Yellowstone and that franchise with Paramount, which has been really really a strong success for us and we've been with them the last couple of years and it's been great to see that franchise grow and, I think, folks that watch that program.
- 16:59Kimberley Gardiner: It's a really nice overlay with the customer set that I mentioned earlier.
- 17:03Kimberley Gardiner: Same thing with professional bull riding we have a partnership with them.
- 17:07Kimberley Gardiner: We've got a new partnership now that we just launched recently with what we're calling our tractor supply emerging artist program.
- 17:13Kimberley Gardiner: That we're working with Lainey Wilson on.
- 17:16Kimberley Gardiner: She's a huge up-and-coming I'm not even up and coming now.
- 17:19Kimberley Gardiner: She's very much her star is on the rise and going great places.
- 17:25Kimberley Gardiner: So she's part of that program.
- 17:27Kimberley Gardiner: We've got some mentors that are part of it, that are really excited to help other artists in country really get discovered and help them with their craft.
- 17:34Kimberley Gardiner: So those are all interests that overlay nicely with our customer base and emerging customers as well.
- 17:40Kimberley Gardiner: And I'd be remiss if I didn't mention our tractor supply foundation as well.
- 17:45Kimberley Gardiner: In terms of other ways that we bring in partnerships to Neighbors Club and get that Neighbors Club engagement up with that loyal base, things like our support of the Future Farmers Association, which we've been working with for many, many years now, giving grants, doing scholarships with that group.
- 18:01Kimberley Gardiner: It's been fantastic for us and a great engagement for our customer base.
- 18:04Kimberley Gardiner: Same thing with 4-H, where we've raised money with them with their paper clover fundraising campaign.
- 18:10Kimberley Gardiner: So those are meaningful ways that we can engage with our Neighbors Club members, building up that loyalty, giving them some touch points to come back in the store.
- 18:19Kimberley Gardiner: We also do a lot of work with our veterans programs.
- 18:21Kimberley Gardiner: So that's another customer base that's really important to us and we want to not only show them that we've got the right assortment, we want to meet their lifestyle needs, but we also care about the things that they care about and the communities that we all care about as well.
- 18:33Mark Johnson: So you mentioned your foundation working with the veterans and you know corporate social responsibility is another one of those topics, that Very important brands.
- 18:44Mark Johnson: But brands either do it well or exceptionally well.
- 18:46Mark Johnson: Like your organization, I haven't truly integrated Within what the brand is or but a lot of brands like, oh, we need to have a CSR, I think, well, we're a shoe store, maybe we'll just bring in the shoes, right, and then we're gonna talk about it, right.
- 18:58Mark Johnson: So it's not truly genuine.
- 19:00Mark Johnson: And you have people like you guys.
- 19:01Mark Johnson: What you're doing with the Veterans Association, the foundation, it kind of sits Behind the scenes but when you kind of peel back that layers of the onion, it's very important and ingrained within the culture of the organization.
- 19:10Mark Johnson: Even something like PetSmart right, petsmart, they've had almost seven million pets They've had adopted, so going back 20 plus years.
- 19:16Mark Johnson: But at other people like, oh, we need to do other ones doing it.
- 19:18Mark Johnson: It's very important in millennials, we'll just craft something and market it out how, as it's such a part of your fabric, you know how did it, how did it start?
- 19:28Mark Johnson: How do you sustain that?
- 19:29Mark Johnson: How do you build that?
- 19:30Mark Johnson: Because that's very unique.
- 19:32Kimberley Gardiner: I think that, with such a strong focus on our mission and values, practice supplies an organization that we're very committed to making sure that, not only that, we live those mission and values internally right we work hard, we have fun, we make money, we're all about communication and Making sure that we are high on teamwork.
- 19:54Kimberley Gardiner: Take the initiative, accountability, all the things that make the company what it is.
- 19:57Kimberley Gardiner: That's a, that's a nice natural segue into how do we support the communities in the way that would live up to those missions and that mission, sorry, and that and those values.
- 20:07Kimberley Gardiner: And so when we talk about supporting veterans, we talk about supporting future farmers and young people that want to get into agriculture, and how do we continuously build up and sustain that, that way of life that we call life out here?
- 20:20Kimberley Gardiner: Those are all fundamental things to make sure that we continue to deliver the mission and values just going forward.
- 20:25Kimberley Gardiner: So those things are all interconnected and intertwined with our team members, with their customers, with who we are as an organization, and it's not just for us about putting those things up on a wall.
- 20:35Kimberley Gardiner: We honestly, honestly live them Every day, both here at our source support center but also in the stores.
- 20:41Kimberley Gardiner: So I think when you feel that that mission and value come to life, I think I would say to other organizations as well that's a great place to start To your point.
- 20:50Kimberley Gardiner: This shouldn't be a marketing initiative.
- 20:51Kimberley Gardiner: This should be something that how do you support the things that are important to you as an organization?
- 20:56Kimberley Gardiner: What mission are you on and what values do you want to show to your customers, and what are those things that are important to your customers that you want to help support in the community?
- 21:04Mark Johnson: Okay, excellent.
- 21:04Mark Johnson: Now what is the Biggest challenge you face in your role?
- 21:09Mark Johnson: Kind of keeps you up at night being the chief marketing officer at Tractor Supply.
- 21:15Kimberley Gardiner: I think that much, like we just talked about.
- 21:17Kimberley Gardiner: You know, as we think about our culture, as we think about our mission and values.
- 21:20Kimberley Gardiner: That is something that, as a marketer is is so important in terms of how I answer the question to a new customer, potential customer why tractor supply right?
- 21:30Kimberley Gardiner: Why should I Look at Tractor Supply?
- 21:33Kimberley Gardiner: Why should I shop there?
- 21:34Kimberley Gardiner: What makes people want to be part of that Tractor Supply brand, if you will?
- 21:39Kimberley Gardiner: And so much of those things are tied back to the culture that we have, and so how do we keep that culture, how do we nurture those mission and values and continue to do that over time, like we've always done, but still we were under a lot of, you know, aspirations in terms of growing the size and the scale of the organization and the footprint that we have.
- 21:55Kimberley Gardiner: So how do you keep that things that are special about the brand?
- 21:59Kimberley Gardiner: At the same time, you know, manage the growth that you have, and how do you scale that to make sure that we really protect for that culture?
- 22:03Kimberley Gardiner: Because I think it is something that makes us so unique and special and it's part of a huge story that I want to continue to tell in terms of our marketing messaging.
- 22:12Mark Johnson: Okay, excellent, and when you look at other programs that you may be loyal to, programs you admire, are there a couple programs that you think do a good job from a customer loyalty perspective and in what May you like about that they're offering?
- 22:31Kimberley Gardiner: I always like to the tried and true airline frequent flyer programs because they've been around for so long and it's been interesting to see them evolve and pivot over time.
- 22:37Kimberley Gardiner: I like to talk about United because I've been part of their mileage press program now for over 25 years.
- 22:44Kimberley Gardiner: So talk about longevity with loyalty.
- 22:47Kimberley Gardiner: That's quite a long time and I also look at you know what makes me loyal to the company.
- 22:51Kimberley Gardiner: You know what makes me loyal to them.
- 22:54Kimberley Gardiner: It's not necessarily their, their flights, it's not necessarily the planes that they fly, it's not necessarily the time time scales and timing and things like that, because sometimes I say well, you know, I may have to have an extra layover, it may not be in a convenient time for me, the fare might be a little bit more expensive than someone else, but I will still go out of my way to fly United because I'm at that top tier level and I have been for a long time.
- 23:18Kimberley Gardiner: So I appreciate those benefits and it's something that is important enough to me in terms of time saving, which is the number one thing why I keep keep with them that preboarding that I can get through United is worth gold.
- 23:30Kimberley Gardiner: So it's something that, if you can keep that loyalty even in that case, despite sometimes it's not as convenient or it costs you a little bit more.
- 23:38Kimberley Gardiner: I think that's also a testament to a really strong loyalty program over time.
- 23:42Mark Johnson: Okay, excellent.
- 23:42Mark Johnson: And if you could ask someone on the CMO and maybe in a different industry, you know a question about their customer loyalty approach or customer experience approach, you know what would that question be?
- 23:55Kimberley Gardiner: As we're trying to look at.
- 23:56Kimberley Gardiner: How do we migrate more of those Based to your customers of neighbors club into the preferred neighbors club and then preferred plus?
- 24:03Kimberley Gardiner: I just be curious more about what's their migration strategy.
- 24:06Kimberley Gardiner: What have they found over time that's worked really well in terms of graduating folks from one level to the next Because, much like the United example that I gave our preferred plus members, they have some really great benefits to that program and we see that they're some of our most engaged customers by far.
- 24:22Kimberley Gardiner: So I think we'd all like, as marketers, to be able to graduate folks too if we have a tier program, as we do.
- 24:27Kimberley Gardiner: How do you?
- 24:28Kimberley Gardiner: How do you migrate them?
- 24:29Kimberley Gardiner: How do you get them from one level to the next to then obviously spend a little bit more with you and spend more time in your stores and online with you?
- 24:37Mark Johnson: Okay, and the last question I have Kind of self-serve, but you know what can Loyalty 360 to help you and your team in your customer loyalty journey.
- 24:46Kimberley Gardiner: So I think Loyalty 360 could help us in terms of benchmarking other companies.
- 24:51Kimberley Gardiner: I'm somebody that I believe in.
- 24:53Kimberley Gardiner: No matter what industry I'm in, I always want to learn from other industries and see what they're doing.
- 24:58Kimberley Gardiner: That might help us balance the needs of our diverse customer base across different customer cohorts.
- 25:04Kimberley Gardiner: So how, how are you seeing other industries, other companies, manage their loyalty programs successfully, not only from, maybe their core customers, but they're emerging customers, those customers that they're growing with over time, like for us, those millennial and Gen Z customers?
- 25:18Kimberley Gardiner: So how do you create a program that's balanced in terms of what each of those cohorts are looking for, which might be a little bit different Depending on where you're coming from?
- 25:26Mark Johnson: Absolutely Well.
- 25:27Mark Johnson: Thank you very much, Kimberley, for taking the time to talk to us today.
- 25:30Mark Johnson: It was great to get to know a little bit about you, interesting that you're not a TV watcher, which is great.
- 25:36Mark Johnson: I'm a kind of envious of that which is good and looking forward to hearing more about Tractor Supply and you're, you know, very compelling a customer loyalty program going forward.
- 25:46Kimberley Gardiner: Well, thank you, mark, it's been a real pleasure.
- 25:48Mark Johnson: Absolutely.
- 25:48Mark Johnson: Thank you very much, everyone for taking the time to listen today.
- 25:51Mark Johnson: Make sure you join us back for another addition of our leaders in customer loyalty series soon.
- 25:54Mark Johnson: Have a wonderful day.