Valuedynamx, a division of Collinson, has introduced a new redemption option for Emirates Skywards members through the Skywards Miles Mall. This development allows members to use their earned miles for purchases with a broad selection of over 500 global retail brands, including those in the UAE, UK, US, Australia, and India.
The new redemption option for Emirates Skywards is called Pay with Points / Miles. It facilitates the use of Skywards Miles for various everyday items, including fashion, technology, and dining. This expands the redemption possibilities beyond traditional travel rewards, making it easier for members to use their miles for everyday expenses. The integration of this feature aims to enhance the flexibility and attractiveness of the Emirates Skywards loyalty program.
Valuedynamx’s technology, which previously only enabled members to earn miles through purchases, now supports both earning and redeeming miles across an extensive network of retailers.
Flexible Flight Loyalty Programs
Valuedynamx Debuts a New Redemption Option for Emirates Skywards
Trend Themes
1. Omnichannel Loyalty Programs - Expanding redemption options to everyday retail purchases enhances customer engagement and program attractiveness.
2. Digital Wallet Integration - Allowing loyalty miles to operate similarly to digital currencies blurs the line between traditional loyalty perks and financial technologies.
3. Global Retail Partnerships - Collaborating with a wide array of international brands offers more redemption choices, appealing to diverse consumer preferences.
Industry Implications
1. Retail - Integrating loyalty miles with retail purchases opens new avenues for customer acquisition and retention.
2. Financial Technology - The convergence of loyalty programs with digital payment solutions underscores the evolving landscape of fintech services.
3. Airline Industry - Enhancing loyalty programs with flexible redemption options strengthens customer loyalty and competitive positioning in the market.