

Pharmaca Integrative Pharmacy Increases Percentage of Cross-Shopping Retail and Pharmacy Customers by 50% With TIBCO Loyalty La
April 12, 2012 08:00 ET
Pharmaca Integrative Pharmacy Increases Percentage of Cross-Shopping Retail and Pharmacy Customers by 50% With TIBCO Loyalty Lab
First Specialty Retailer of Integrative Healthcare Related Products and Services Yields 10-15% Increase in Per-Member Spending With New Feel Better Rewards Program
PALO ALTO, CA--(Marketwire - Apr 12, 2012) - TIBCO Software Inc. (
Pharmaca has identified a large market opportunity to enhance the pharmacy experience by integrating traditional pharmacy services with a holistic remedy and service model. Marrying the best practices of conventional and natural medicine, Pharmaca offers an integrative healthcare experience, which seeks to help customers achieve a sense of empowerment about their wellness and live the healthiest lives possible. When Pharmaca needed more insight into its customers' buying behaviors across its full-service pharmacy, supplements, HABA, OTC and Lifestyle departments, it turned to TIBCO Loyalty Lab to:
- Launch the Feel Better Rewards Program at 24 locations to help measure ROI across departments and access what customers were buying and why, when they made purchases and how often, as well as how much they were spending;
- Use analytics to visualize goals, results and needed adjustments along the way for improvements;
- Reward buying behaviors across different parts of the store with a quarterly dividend program to drive frequency; and
- Drive program adoption and engagement, including increasing sales and transactions, average basket amount, member frequency, members shopping retail and pharmacy, and members earning and redeeming awards.
Supporting Quotes:
"We saw a 50% increase in the percent of customers cross-shopping retail and pharmacy and a 10-15% increase in per-member spending since we launched the program -- plus we gained enormously valuable insights into our customers' shopping behavior," said Laura Coblentz, Vice President Marketing & Innovation for Pharmaca.
"Today's ultra-connected consumers have high expectations of retailers to make their shopping experiences positive, including knowledge of every company interaction, likes and dislikes and uniform brand experience," said Matt Howland, vice president, TIBCO Loyalty Lab. "With TIBCO Loyalty Lab, Pharmaca now has 150,000 members with 65% of the sales on the program and increased year-over-year growth despite a down economy."
ABOUT TIBCO
TIBCO Software Inc. (
About Pharmaca Integrative Pharmacy
Pharmaca Integrative Pharmacy Inc., founded in June 2000 and based in Boulder, Colo., is the nation's first integrative pharmacy chain offering traditional prescription-filling services alongside natural and complementary health solutions. The company owns 24 pharmacies in California, Colorado, New Mexico, Oregon and Washington and an online presence at [ www.pharmaca.com ].
TIBCO, the two-second advantage, TIBCO Software, and Loyalty Lab are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.