The Psychology of Loyalty Apps: How Positive Reinforcement, Goal Anticipation, and the Power of Habit Influence Behavior

In this podcast episode, we speak with Diane Lee, the Senior Director of Loyalty Strategy and Enablement at Punchh, a leading loyalty and engagement platform that provides digital loyalty programs for major brands such as Taco Bell, Pizza Hut, Dairy Queen, and Papa John's. Diane shares the story behind Punchh's founding, which began in a garage when two of its founders noticed the outdated nature of physical punch cards that were commonly used to track customer loyalty. They saw an opportunity to digitize this process and make it more convenient for customers, leading to the creation of Punchh. Diane also talks about the benefits of digital loyalty programs over physical ones, such as reducing plastic waste and the risk of losing physical cards. She also discusses the psychology of loyalty programs and how they incentivize customer behavior. Links 🔗 Our Guest🙋: Find out more about Diane Le here (LinkedIn) - https://www.linkedin.com/in/lediane Find out more about Punchh(website) - https://punchh.com/ Brains Byte Back 🧠👨‍💻🎙️: Leave an iTunes review here - https://apple.co/3i60XWu Subscribe on Youtube here - https://bit.ly/3o1M4Z3 Follow us on your favorite podcast platform here - https://bit.ly/3kTfNkY Our Sponsor 💻☎️: Find out more about our sponsor Publicize here - https://bit.ly/3X6p7SB

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Brains Byte Back interviews startups, entrepreneurs, and industry leaders that tap into how our brains work. We explore how knowledge & technology intersect to build a better, more sustainable future for humanity. If you're interested in ideas that push the needle, and future-proofing yourself for the new information age, join us every Friday. Brains Byte Back guests include founders, CEOs, and other influential individuals making a big difference in society, with past guest speakers such as New York Times journalists, MIT Professors, and C-suite executives of Fortune 500 companies.