Sainsbury's Investor Day Presentation Deck slide image

Sainsbury's Investor Day Presentation Deck

Glossary of Terms cont'd Term Incremental spend for coalition partners Nectar scan Digital Nectar registered Average customer redemption value Nectar's marketing affiliates programme (eShops) SmartShop Linked accounts ONectar360 2021 54 Definition The additional spend generated by customers of coalition brands who are Nectar collectors, and who have been encouraged to spend more with that partner as a result of their ability to collect Nectar points. For example, customers of Brand A, who are also Nectar card customers and who scan their Nectar card when they transact with that brand, typically spend x% more than customers who are not Nectar customers. When a customer digitally scans or physically swipes their Nectar card at point of transaction with a Nectar partner, either online or instore. A customer who has download the Nectar app and linked it to their Nectar card. Average amount that a customer spends in points when they make a redemption with a Nectar partner. Note, a customer may redeem their points for the total value or only part of the value of the transaction. eShops allows customers to collect points on qualifying transactions completed online on the retailer's site, only when accessed exclusively from Nectar.com. Purchases are tracked and points awarded within 90 days. SmartShop allows customers to scan and pack products as they shop and is accessible through handheld devices available in supermarkets or an app on customers' mobile devices. When a customer links their Nectar account with their account on a Nectar partner site, facilitating the sharing of information between Nectar and that partner so that the customer can collect points when they spend with that partner. Sainsbury's nectar NEC TAR 360
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