Product Solution

Honey Gold Rewards Programme: Commission Increase
During the four-week promotion period (21 April – 15 June, 2021) the German fashion retailer increased their Honey Gold commission rate by +1% (from 5-6%). Honey members received the Honey Gold reward automatically after checkout.

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Product Solution

Results

Since adding Honey Gold as an ‘always-on’ solution, over the first five months the electronics brand saw an 80% uplift in sales value, a 35% uplift in AOV and an 33% uplift in number of orders when compared to the same period in the year prior. These substantial increases show that brands with higher-priced, high-consideration products can significantly benefit from the Honey Gold offering. The presence of Honey Gold on a technology brand's website can motivate shoppers to buy now, and do so with less consideration to competitive brands.

C A S E   S T U D Y

Honey Gold

Canadian Electronics Brand

Challenge

A leading Canadian electronics brand was looking for an effective way to increase sales value, average order value (AOV), and number of orders. The challenge was to incentivize shoppers to buy the brand’s typically higher priced products earlier in the shopping journey, with less consideration of competitive products.

Challenge

A leading fashion retailer in Germany was looking for an effective way to increase sales value and the number of orders on their website.

Results

Since adding Honey Gold as an ‘always-on’ solution, over the first five months the electronics brand saw an 80% uplift in sales value, a 35% uplift in AOV and an 33% uplift in number of orders when compared to the same period in the year prior. These substantial increases show that brands with higher-priced, high-consideration products can significantly benefit from the Honey Gold offering. The presence of Honey Gold on a technology brand's website can motivate shoppers to buy now, and do so with less consideration to competitive brands.

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*Honey Internal Data, Honey Gold comparison period from 28 Jan - 08 Jul, 2020 / optimization period: 28 Jan - 08 Jul, 2021

C A S E   S T U D Y

Honey Gold

Canadian Electronics Brand

35%

Increase in AOV

80%

Increase in Sales Value

01

Honey Shoppers Can Earn Honey Gold
Honey shows a range of redeemable Gold reward points based on a retail partner's commission rate. The points program helps incentivise shoppers to purchase from your store instead of other sites.

02

Honey Re-engages the Shopper with Good News
Honey re-engages shoppers post-purchase with a personalised email to let them know the value of their redeemable Gold reward points.

03

Honey Can Redeem Honey Gold
Shoppers can redeem their Honey Gold reward points in the form of gift cards usable at select Honey partners or by donating the value to a charity of their choice. 

Learn More About Honey Gold

Our Points-based Reward Program

Shoppers using Honey were 166.6% more likely to make a purchase than shoppers who had visited the brand’s website and did not use Honey 

Honey helps drive high conversion rates

Honey helps make already high-value customers more valuable

Existing partners who used Honey had 16.3% more revenue per customer compared to non-Honey partners 

12 months after consumers interacted with Honey, the revenue per shopper was 38.7% higher than non-Honey shoppers 

Honey’s Reward program, Honey Gold, helps increase basket size 

Active Honey Gold shoppers have a 16% higher average order value and 108% higher gross merchandise value than non-Honey Gold shoppers 

Data source: Commission Junction – A study of Affiliate Incrementality, September 2018

82%

Increase in Sales Value

84%

Increase in Orders

01

Honey Shoppers Can Earn Honey Gold
Honey shows a range of redeemable Gold reward points based on a retail partner's commission rate. The points program helps incentivise shoppers to purchase from your store instead of other sites.

Honey Re-engages Shoppers with Good News
Honey re-engages shoppers post-purchase with a personalised email to let them know the value of their redeemable Gold reward points.

02

Honey Shoppers Can Redeem Honey Gold
Shoppers can redeem their Honey Gold reward points in the form of gift cards usable at select Honey partners or by donating the value to a charity of their choice. 

03

Learn More About Honey Gold

Our Points-based Reward Program

Honey helps drive high conversion rates

Shoppers using Honey were 166.6% more likely to make a purchase than shoppers who had visited the brand’s website and did not use Honey

Honey helps make already high-value customers more valuable

Existing partners who used Honey had 16.3% more revenue per customer compared to non-Honey partners 

12 months after consumers interacted with Honey, the revenue per shopper was 38.7% higher than non-Honey shoppers 

Honey’s Reward program, Honey Gold, helps increase basket size 

Active Honey Gold shoppers have a 16% higher average order value and 108% higher gross merchandise value than non-Honey Gold shoppers 

33%

Increase in Orders

During the promotion period (28 January – 08 July 2021) the technology brand partner ran a Honey Gold campaign to motivate shoppers to buy and earn rewards through Honey.