Tag: Watsons

  • DSG Consumer Partners Buys Singapore Wellness Brand Bback

    DSG Consumer Partners Buys Singapore Wellness Brand Bback

    DSG Consumer Partners has acquired Singapore recovery and wellness brand bback from Evo Commerce, taking control of a business distributed across more than 400 retail outlets.

    The venture capital firm completed the buyout alongside Saket Gore, the former Asia Pacific chief executive of Himalaya Wellness, who steps in as bback’s chief executive.

    Retail footprint and executive shift

    Bback started as an alcohol recovery brand before adding hydration and liver wellness formulations to its catalogue. In Singapore, the brand sells through pharmacy chains Guardian and Watsons as well as online platforms. The companies did not disclose financial terms of the transaction.

    Under the new ownership structure, bback plans to broaden its product line beyond hangover remedies into a wider range of daily recovery and functional health items. Singapore will remain the brand’s primary market in the near term.

    Consolidation in regional consumer health

    Consumer health and functional wellness labels in Southeast Asia face increasing pressure to move beyond direct-to-consumer online sales into established pharmacy chains and convenience store networks. Scaling those physical footprints requires professional operating leadership and deeper supply chain funding.

    The immediate milestone to watch is bback’s rollout of its expanded wellness formulations across its existing 400 retail points of sale in Singapore under Gore’s management.

  • Watson’s Celebrates 185 Years with Exclusive Heritage Concept Store in Hong Kong, Offering Unique Merchandise and Experiential Retail

    Watson’s Celebrates 185 Years with Exclusive Heritage Concept Store in Hong Kong, Offering Unique Merchandise and Experiential Retail

    In celebration of its 185th anniversary, Watsons Hong Kong has unveiled a heritage concept store in Yau Ma Tei. This innovative store seeks to blend the brand’s long-standing pharmacy heritage with the excitement of experiential retail and exclusive anniversary merchandise.

    Situated on Nathan Road, the store pays homage to AS Watson’s pharmacy origins with interiors that take design cues from yesteryears, interactive spaces for customers to engage with, and exclusive merchandise created especially for the anniversary. This experiential retail space features three themed photo zones which are inspired by the rich culture of Hong Kong’s pharmacies: a vintage medicine cabinet, a retro vanity corner, and a bathroom-themed display.

    To commemorate its opening, Watsons has launched a series of anniversary-exclusive products. Among these are a vintage-themed ‘Watjai’ mascot plush collection and a unique ‘Love Your Organs’ blind box series. In addition, a collaboration with popular brands Bioré, Colgate, and Darlie has resulted in the introduction of retro-inspired packaging for select products.

    In conjunction with the 185th anniversary campaign, other retail brands under the AS Watson Group umbrella, such as ParknShop, Fortress, and Watsons Water, are also participating. Exclusive merchandise from these brands will make their debut at the heritage concept store. Customers can look forward to items like lightbox-style magnets that pay tribute to ParknShop’s signage, a retro film camera from Fortress, and a vintage-style bottle opener courtesy of Watsons Water.

    This heritage concept store forms an integral part of Watsons’ overarching 185th-anniversary campaign, encapsulating the brand’s commitment to honoring its history while incorporating more experiential elements into its physical store network.

    Questions & Answers

    What is the heritage concept store?
    The heritage concept store is a new retail space by Watsons Hong Kong that combines the brand’s pharmacy history with experiential retail and exclusive anniversary merchandise.

    What can customers expect at the new heritage concept store?
    Customers can engage with vintage-inspired interiors and interactive experiences at the store. They can also purchase exclusive anniversary merchandise, including a ‘Watjai’ mascot plush collection and a ‘Love Your Organs’ blind box series.

    Which other brands are participating in Watsons’ 185th-anniversary campaign?
    Other retail brands under the AS Watson Group, such as ParknShop, Fortress, and Watsons Water, are also taking part in the anniversary campaign with exclusive merchandise debuting at the heritage concept store.

  • Watsons creates a ‘family’ of collectables to tap into character craze

    Watsons creates a ‘family’ of collectables to tap into character craze

    Health and beauty retail giant Watsons has unveiled its new initiative, The Watsons Family, a character-driven brand strategy set to enhance customer interaction throughout Asia.

    The Watsons Family Initiative

    The Watsons Family comprises 16 distinctive characters inspired by the Myers-Briggs Type Indicator (MBTI). These characters are featured on the packaging of various Own Brand products, ranging from skincare to body care essentials. This creative marketing concept makes the packaging itself an appealing and collectible item.

    The campaign is set to kick off in Hong Kong where three core characters will take center stage:

    – Sunny, representing wellness supplements.
    – Kilo, symbolizing energy and wellness.
    – Flora, embodying beauty through facial masks.

    Jared DeGuzman, Customer Director of Brand Marketing at Watsons, explained that the objective of this campaign is to transition the brand from traditional retail into a more experience-driven model.

    “We are leveraging the power of character-based storytelling,” DeGuzman shared. “Our aim is to create a health and beauty universe that not only sells products but also brings joy, inspiration, and a sense of community to our customers across Asia.”

    Retail Transformation

    As part of the campaign, Watsons stores in Hong Kong will feature branded visuals, interactive campaigns, digital extensions, and even meet and greet events with the characters.

    Following its initial launch, the expansion of The Watsons Family will continue into Mainland China, Malaysia, Taiwan, and Thailand. These new markets will be supported by significant marketing campaigns tailored to each region.

    Questions & Answers

    What is the purpose of The Watsons Family initiative?
    The Watsons Family initiative is designed to transform Watsons from a traditional retailer into a more experiential brand, using character-driven storytelling to create a universe where health and beauty are sources of joy, inspiration, and community connection.

    Who are the three flagship characters of The Watsons Family initiative?
    The three main characters are Sunny, who represents wellness supplements; Kilo, embodying energy and wellness; and Flora, symbolizing beauty through facial masks.

    Where will The Watsons Family initiative be launched and expanded?
    The campaign will initially roll out in Hong Kong and later expand into Mainland China, Malaysia, Taiwan, and Thailand.

  • Watsons opens 8000th Asia store in Manila

    Watsons opens 8000th Asia store in Manila

    Health and personal care retailer Watsons has opened its 8000th Asia store at SM Mall of Asia in Manila.

    “The Philippines has been selected for this momentous occasion because it’s one of the fastest-rising economies in Asia and a strategic market for AS Watson,” said Malina Ngai, CEO of AS Watson Group.

    “This vibrant and highly potential market has a young demographic that increasingly focuses on health and beauty, aligning perfectly with Watsons’ expertise.”

    The new store forms part of the company’s commitment to enhancing its offline plus online customer experience.

    Watsons currently operates 8000 stores and more than 1500 pharmacies in Asia, Europe, and Middle East.

  • Watsons opens 1000th Philippine store

    Watsons opens 1000th Philippine store

    Health and beauty retail giant Watsons has opened its 1000th store in the Philippines – which is also its largest in the country yet.

    Coinciding with the company’s 20th anniversary in the Philippines, the new store located in The Block, SM City North Edsa, spans nearly 1000sqm and displays a range of products the company says “takes the shopping experience to the next level”.

    “This new flagship store is important in the nationwide expansion in this beautiful country as it’s a clear demonstration of Watsons’ determination to strengthen our connection with customers via seamless O+O (online-to-offline) platforms,” said Dominic Lai, group MD of Watsons, who attended the opening event.

    “O+O platform strategy is at the core of our business to create an integrated experience, to better serve customers anytime, anywhere.”

    The interactive O+O experience includes several tools online and on-site, including a Skinfie Lab, a skin analysis tool that creates personalised skincare recommendations from selfies; a #ColourMe Virtual Makeup tool that lets customers try cosmetics digitally; a virtual consultation and remote physical examination in partnership with The Medical City; and a Supplement Finder.

    Using its 1000-strong store network in the country, Watsons also offers customers an online express delivery service that can deliver their products within three hours or pickup orders in-store within 30 minutes via Click and Collect Express.

    In addition, the company also aims to support customers’ sustainable lifestyles by offering more than 1500 eco-friendly products under Clean Beauty, refill packs, better packaging, and better ingredients.

    “Looking ahead, we’re committed to continuing our expansion in the Philippines and the rest of the world,” Lai concluded. “Besides bringing pleasurable O+O shopping experience to our customers, we want to engage our customers to do good to the c

  • 100 Million Loyal Watsons Members Reached

    100 Million Loyal Watsons Members Reached

    Watsons, the flagship health and beauty brand of A.S. Watson Group, has reached the phenomenal milestone of 100 million loyalty members in Asia. Having grown rapidly since its launch, the Watsons membership program is now available and well-established in 14# markets worldwide, connecting beauty and wellness lovers and helping them to Look Good Feel Great.

    This is a strong global community of 100 million beauty and wellness enthusiasts, and Watsons is dedicated to introducing a healthier and more sustainable lifestyle. By always staying connected with the members, Watsons strives to inspire them to do good, feel great together as a powerful movement.

    Customer relationships and connectivity are at the heart of Watsons’ strategy and its loyalty program was established in 2008 to reward and connect with customers. Member insights are used to better anticipate customers’ needs and to offer a personalized shopping experience, both online and offline.

    Watsons keeps evolving its offering to further cement its position as Asia’s no.1 brand loyalty program. In 2018, Watsons launched an Elite VIP Members program adding an additional tier for its most loyal customers, and in July 2019 Watsons One Pass© was launched, allowing members to enjoy cross-border shopping benefits at Watsons stores globally.

    Malina Ngai, CEO of A.S. Watson (Asia and Europe), says, “Today, Watsons reached a major milestone of connecting 100 million beauty and wellness lovers in Asia. We’re now growing at roughly one million new members every quarter. This isn’t just a big milestone for us; it’s also an important one for all of our members who form a community that inspires each other to look and feel good inside and outside. The COVID-19 pandemic has created stronger bonds between us and our members and we have been able to stay in touch and share relevant contents during this challenging time. We want to thank every one of you, our 100 million members, for making this milestone happen. Our mission as a community is to Look Good and Do Good for ourselves, the people we love and society.”

    Watsons understands that customers care about the social purpose of businesses, and they want to shop with brands that share their values and take sustainability seriously. The brand has been striving to make a positive impact on its customers, communities and planet through its “Do Good Feel Great” initiatives. Watsons has extended the ban of microplastics in all rinse-off cosmetics and personal care products this year. In June, the Group became the first health and beauty retailer to sign-up to the New Plastics Economy Global Commitment to reduce plastic waste and took membership with the Roundtable on Sustainable Palm Oil to help address the environmental impact of palm oil.

    Improving customer wellness is also one of Watsons’ key initiatives. The “Smile Inside-out” campaign was launched to raise awareness of mental health and wellbeing, encouraging a positive lifestyle to the customers as well as colleagues. Watsons will continue to look for new ways to do more to create a healthier and more sustainable world with its community.

  • Watsons China launches WeChat Work and Cloud stores

    Watsons China launches WeChat Work and Cloud stores

    Health and beauty retailer Watsons has partnered with Tencent’s WeChat Work platform to establish an online presence and launch cloud-based WeChat stores this quarter.

    Watsons China’s launch on WeChat Work and the establishment of cloud stores will enable the brand to provide more personalised, round-the-clock services to its more than 65 million-strong customer base shopping at Watsons’ 3800 physical outlets – each of which will have a corresponding cloud store under the new system.

    “To retain our over 65 million loyal members as well as appeal to new customers, we have to be at the cutting edge of retailing, and find a way to stay close with them,” said Watsons China CEO Kulvinder Birring. “With big data technology, these social-commerce platforms add another dimension to our relationship with customers, enabling us to connect and interact with them, and ultimately become the most-loved brand of our customers.”

    “We’ve been working very closely with Watsons,” said WeChat Work senior industry director Hau Lu. “Combining the advantages of both parties, we will further cooperate and jointly search for more business opportunities.”

    The new Watsons China’s WeChat Work platform will establish a communication channel in which customers can add store staff as WeChat friends, who then become their personal beauty consultants. Customers can seek advice from store staff at any time, from anywhere, and enjoy one-to-one customer service. If a product is not available from a customer’s nearest branch, store staff can help to order the item in the cloud store system. Customers can also choose to have their order delivered via courier, “click & collect” or the “one-hour flash delivery” service.

    “WeChat Work helps us nurture a closer relationship with our customers,” said Wanda Plaza ZhengZhou Watsons store manager Ellen Shen. “They can now contact us any time for personalised service and advice. We’re glad to be able to earn their trust and become their friends. Since its launch, we’ve received very positive response from customers who have added us as friends to enjoy this one-to-one service.”

    Watsons has also introduced an AI chatbot called Wilson, who is a virtual spokesperson for the brand available 24/7 via WeChat Work. The bot can provide customers with professional and personalised advice, aimed at providing an entertaining and useful addition to the shopping experience.

  • Watsons Philippines adding more stores this year

    Watsons Philippines adding more stores this year

    Watsons Philippines plans to open another 50 stores this year, adding to the 781 branches it already operates.

    Parent AS Watson, the health-and-beauty retailer headquartered in Hong Kong, has more than 15,200 stores worldwide. It launched the Watsons brand in the Philippines in 2002 after partnering with SM Prime Holdings, opening its first store at the SM Megamall.

    Rafael Lim, director of trade and health at Watsons Philippines, told The Mindanao Times last week the new outlets will follow the format of existing stores and the company plans to continue to roll out its click-and-collect, omnichannel strategy in the market.

    In some parts of Southeast Asia, click-and-collect – where customers order online and pick up in a store they choose – leads to incremental purchases by as many as 70 per cent of customers when they are collecting.

    “We always seek and understand the needs of our customers,” said Lim.

  • Watsons Singapore launches store-in-store Retail concept

    Watsons Singapore launches store-in-store Retail concept

    Watsons Singapore has launched a premium store concept at Takashimaya. The 7000sqft store hosts distinct zones encompassing skincare, hair care, health and personal care, with new brands such as Milani, Pony Effect, and Utena.

    “To keep pace with the innovative, trendy brand image that Watsons is known for, we are very excited to refresh and make a statement with our Watsons Takashimaya store in a new generation premium store format which offers more experiential zones and shopability,” said Irene Lau, Watsons Singapore GM.

    “The expanse of the store allows us to offer more exciting and exclusive brands across skincare, cosmetics, health and wellness for our discerning consumers. In addition, as we continue to evolve in this digital age, we have incorporated smart technologies and gadgets to enhance the shopping experience and increase engagement with our consumers.”

    The refreshed Watsons store also hosts store-in-store (SIS) concepts at its cosmetics, skincare and health zones.

    The L’Oreal Paris SIS offers a comprehensive range of cosmetics, from foundations, eye make-up colours to lipsticks. Maybelline’s SIS offers the Alice+Olivia Maybelline collection, the first-ever fashion make-up collaboration from the company, that is exclusively sold at Watsons Singapore.

    In support of Small Medium Enterprises (SMEs) in Singapore, Watsons is introducing two independent homegrown brands, Botanica Culture and Hush Candle, that focus on wellness.

    A seven-metre length Mask Bay allows consumers to find a mask or two that cater to their skin type, beauty concerns or daily needs across 22 brands.

    The Real Techniques wall contains make-up tools and accessories, including performance brushes and expert sponges.

    The new Watsons store will have four full-time pharmacists, led by principal clinical pharmacist, Chung Wing Lam, who was named 2018 Excellence Service SuperStar by Singapore Retailers Association.

    Watsons Singapore’s membership will be automatically upgraded to “Watsons One Pass” which allows members to enjoy benefits when they shop at Watsons stores in China, Hong Kong, Indonesia, Malaysia, Taiwan and Thailand.

  • Watsons loyalty program Expanding for Travellers

    Watsons loyalty program Expanding for Travellers

    Watsons is about to expand its loyalty program cross-border with 8 million members in 11 cities in the Greater Bay Area the first to benefit.

    “Watsons operates in many popular travel destinations worldwide, and our customers also tell us that they would like to shop in Watsons overseas,” said group COO Malina Ngai. “Therefore, in order to bring more excitement to our members, it is logical our loyalty program goes international.”

    Members of the Watsons loyalty program in Watsons Hong Kong and Watsons China (in particular Greater Bay Area members) will be able to upgrade their membership to the One Pass-level program to enjoy benefits when they shop in any of the 660 Watsons stores in the 11 cities: Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing.

    The cross-border program will be launched in other Asian markets including Singapore, Malaysia, Thailand, Taiwan and Indonesia in July.

    “Watsons has been the No.1 Pharmacy/ Drugstore brand in Asia for 10 consecutive years with more than 90 million loyalty club members, and the majority of them are frequent travellers,” said Ngai.

    Indeed, recent research of 14,000 consumers in seven Asian regions showed the average frequency of cross-border Asian travelling is 1.7 per year. Hong Kong people travel 2.2 times yearly, ranking second across Asia, preceded only by Singaporeans, who travel 2.7 times per year.

  • AS Watson to start selling Amorepacific

    AS Watson to start selling Amorepacific

    South Korean beauty group Amorepacific and AS Watson have expanded their partnership to cover Asia and Europe. The partnership will enable Amorepacific to increase its product presence through Watsons-owned stores and online. Before this, the two had already partnered to launch Amorepacific’s botanical skincare brand Mamonde, haircare brands RYO and Mise-En-Scene across Asia.

    “AS Watson and Amorepacific are both leading players in serving beauty customers. Our customers love Korean beauty products that bring not only innovation but also quality. This is what Amorepacific can provide,” said Malina Ngai, AS Watson Group COO.

    “Through this partnership, we are both passionate and committed to combining our knowledge and capabilities to bring the best products and shopping experience to our customers.”

    Saehong Ahn, president of Amorepacific Corporation and Malina Ngai, group COO of AS Watson Group sign the strategic partnership.

    President of Amorepacific Saehong Ahn said the group “looks forward to developing concrete plans that create synergy and is a win for both companies”.

    “Amorepacific will continue our efforts to expand accessibility for customers globally, and create novel experience for customers this year.”

    AS Watson Group has a store network of more than 14,900 stores under 12 retail brands in 25 markets. Included in that are about 6800 Watsons health and beauty stores in 12 markets in Asia and Europe.

    Core customer groups are relatively young, and K-beauty is experiencing 56 per cent compound sales growth since 2015, and gaining traction in Europe with last year’s growth at 122 per cent.

    Amorepacific is the leading beauty company in South Korea, with more than 70 years of experience in beauty and a wide brand portfolio.

  • AS Watson reports success with predictive modelling marketing

    AS Watson reports success with predictive modelling marketing

    International health and beauty retailer AS Watson Group says its use of predictive modelling technology is delivering successful product launches. The firm has worked in close partnership with brands to help them penetrate specific demographics or enter new markets. Recently this included Jeffree Star Cosmetics launching exclusively at ICI Paris XL in Europe, and in Asia a continuing long-term partnership with Maybelline at Watsons Thailand – both of which achieved targeted results.

    “At AS Watson, due to our extensive global knowledge of the beauty industry and CRM data, we are able to help niche brands like Jeffree Star and major brands including Maybelline launch products onto the market,” explains Malina Ngai, AS Watson Group COO.

    “Using our integrated online and offline model, this allows us to create these types of brand partnerships to specifically target and engage the right customers.”

    L’Oreal and AS Watson Group developed a long-term partnership working together to drive sales, while in 2018, Watsons Thailand partnered with Maybelline on a year-long CRM program.

    Supported by the AS Watson DataLab, the group’s customer intelligence team, this campaign was designed to communicate offers to relevant customers through electronic direct mail. Watsons targeted members in three phases in order to recruit new category shoppers, grow each customer’s basket value and engage customers in new product offers.

    To ensure the campaign built on data insight to target the right members, Watsons used a three-stage approach to accurately identify customers and ensure they were provided with the most attractive offers.

    This three-stage campaign saw more than 3.5 million emails delivered to members, attracting more than 170,000 customers to buy into the brand. This targeted and focused approach saw double-digit percentage of the brand’s sales directly attributable to this campaign. In addition, Maybelline’s sales and the number of members recorded double-digit growth compared to the previous year.

    L’Oreal Thailand’s GM consumer products division Geoff Bellingham said two of the biggest challenges a brand faces are acquiring new customers and then having those customers shop again with the brand.

    “Our Watsons Thailand CRM program allowed us to successfully achieve both of those goals for Maybelline. All customers and especially beauty shoppers want relevant, more personally curated offers and this partnership was carefully created to ensure the right offers for right people.

    “The activity is just one example of the close and successful collaboration between Watsons and L’Oreal”.
    ICI Paris XL launched world-renowned beauty influencer Jeffree Star’s cosmetic range in November, exclusively to customers in The Netherlands and Belgium. To launch the brand ICI Paris XL created a digital campaign to target customers whose data and insight profile indicated they would love the new brand, as well as looking to capture new customers. The digital campaign was created to specifically target those under 35, as this is the brand’s core target market.

    Predictive modelling technology was used to identify and communicate with members who had a high tendency to shop for new makeup brands and trends, and these people received customised emails announcing the launch, bringing the social media personality to life, as well as highlighting hero elements of the cosmetics range. This targeted approach saw more than 300,000 customers receive personalised emails, leading to an open rate of 25 per cent.  Following this, 40 per cent then visited the brand’s page on the ICI Paris XL website with the result that 70 per cent of members under 35 bought into the range during the launch period.

    “Following the success of my brand in the the US, I really wanted to extend my brand’s reach into Europe,” said Jeffree Star. “AS Watson has provided me with an efficient distribution platform as well as the tools to be able to target my fans and beauty lovers that like to create bright, fun and innovative beauty looks.”

  • Watsons Vietnam opens first store this month

    Watsons Vietnam opens first store this month

    Hong Kong-headquartered healthcare and beauty retailer Watsons is to launch in Vietnam. The first Watsons Vietnam store will open on January 17, in the lower floors of the high-profile Bitexco tower in downtown Ho Chi Minh City. The store will take up at least one floor of a two-storey space recently vacated by Topshop. Teasing the launch, a huge backdrop with the slogan “Look good, Feel great” has been built outside the space, attracting many Vietnamese youngsters to take selfies and check in on social media.

    On its LinkedIn page, Watsons Vietnam has been recruiting staff for the store and featuring the same artwork as on the Bitexco backdrop.

    Watsons Vietnam will compete with rival Hong Kong healthcare and beauty chain Guardian, owned by Dairy Farm International, which launched in Ho Chi Minh City in 2011 and now claims to have more than 60 stores in four cities.

    Watsons is operated by AS Watson, a subsidiary of retail and telecommunications giant CK Hutchison which is quarter-owned by Singapore sovereign investment fund Temasek Holdings. AS Watson has some 6800 Watsons health and beauty stores in 12 markets in Asia and Europe, including Hong Kong, Mainland China, Taiwan, Macau, Thailand, Singapore, Malaysia, the Philippines and Indonesia. The broader AS Watson group has 14,500 stores, including electrical retailers and grocery stores.

    Watsons has just celebrated the opening of its 500th store in Bangkok, Thailand. The store photo accompanying this story is of Watson’s new-generation store at IconSiam in Bangkok.

  • Temasek plans to sell AS Watson stake

    Temasek plans to sell AS Watson stake

    Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains the majority stake. According to report, Temasek made the investment expecting the business to be listed within three years. But softening investor sentiment towards retail sector listings has weakened since that plan was first envisaged. Investors are spooked by the demise of a slew of brick-and-mortar-focused brands across developed markets.

    AS Watson has some 14,500 stores in 24 markets around the world, and has market leadership in 15 of those. That could make the business an attractive target for private equity funds, despite the company appearing to be focused more on opening new stores than migrating online, where consumers are buying more beauty and healthcare products.

    Bloomberg says in an analysis published online, that a private equity business would be among the more likely buyers for the Temasek stake, given the amount of industry money that’s sitting idle.

    “That said, any acquirer will still be in a minority position, even if the entire 25 per cent is sold. Along with the business’s poor growth prospects, the absence of control is likely to be reflected in the valuation. This is one retail sale that will need a discount to be attractive.”

  • Watsons Elite Membership Programme Launched

    Watsons Elite Membership Programme Launched

    International health and beauty retailer AS Watson has initiated a global VIP loyalty program.

    The group has announced the program to enhance its connectivity with customers, planning to extend it to all of its 130 million loyalty members in 24 markets by early next year. It is an additional and invitation-only tier of membership which aims to reward and retain top customers.

    Malina Ngai, group COO of AS Watson Group, said: “We appreciate our customers, no matter how much they spend in our stores, and we know they love to feel valued. Our existing loyalty programs reward everyone with great offers, but our VIP programs thank our most loyal customers for shopping with us with amazing benefits and even more tailored rewards.”

    AS Watson first invested in CRM programmes back in 2010. Data insights and analysis of the programs have since revealed that around two thirds of the brand’s customers who qualify as “VIP members” continue their membership in the following year. These VIP members spend up to eight times more than average members annually. This year, the newly-qualified VIP members’ spending saw a year-on-year double-digit increase.

    Many of the new advantages are personalised to the individual or otherwise considered valuable to the lifestyle of the local customer – for example, free health and wellbeing classes in Watsons China, and cooking classes for Watsons Malaysia VIP members.

    This year, AS Watson has also launched its DataLab initiative to examine its average of 4300 terabytes of customer data every three years, extracting customer insights to provide more personalised, exclusive offers.

    Ngai added: “With cutting-edge data technology, we are turning transactions to interaction and that is how we are staying connected with our customers.”