Reloadly is drawing a line between the software that decides who earns a reward and the infrastructure that delivers it. Its September 2 discussion of loyalty APIs positions the company on the fulfilment side, serving businesses that want to keep their points, tiers and eligibility rules in their own systems. [S01]

The commercial implication is important: a customer need not replace its loyalty programme to become a reward-distribution client. Reloadly can seek the supply relationship underneath an established product rather than compete to own the entire customer experience.

Selling one part of a larger programme

The company describes its role as turning an approved redemption into a gift card, prepaid card or mobile reward. Its evaluation criteria focus on local catalogue depth, currency coverage, delivery records and the ability to reconcile transactions. [S01]

That puts the sale closer to an operating cost than to a redesign of loyalty strategy. A buyer may already have invested heavily in its application and customer records, yet still need another business to source retail value.

For Reloadly, a modular offer can reduce the resistance to adopting its service. For the client, it preserves control over the rules that determine the reward budget. The trade-off is that success now depends on a reliable handoff between two businesses.

A correct award can still become a failed experience

The separation is easiest to see when something goes wrong. A loyalty engine can correctly approve a redemption while the selected gift card is unavailable in the recipient's market. Equally, a supplier can deliver a valid code for an award that

Your free reader account

Continue reading for free.

Create your account or sign in to get unlimited access.

No payment required. Newsletter signup is optional.