Modern day loyalty started in 1981 with American Airlines and with additional contemporaries such as Diners Club.
It was the latest advent of points, miles, tiers, payment integration, and other foundational loyalty elements.
Since then we’ve seen nearly zero innovation.
The same raw materials being used by company after company, with nominal innovation.
The result? A truly uninspired customer who invests their time, energy and money with the desire to be captivated by their favorite brand.
With the rise of Web3 we were greeted with some much needed-innovation.
And yet despite these incredible innovations we lost two of the most crucial business aspects: economics and vision.
And so we find ourselves in a chasm; a world in which more traditional brands are serving basic vanilla, while Web3 brands are trying to 'reinvent dessert.'
Web3 ‘Futurists’ are selling something traditional customers don’t want or are not comfortable with (and in a truly suboptimal manner), leading to distrust and distance.
Web2 ‘Boomers’ are boring their customers leading to disassociation and disengagement.
TLDR: Both parties have truly valuable ingredients, and yet neither are equipped to create a truly, ‘drool-worthy’ masterpiece.
Pavlovs was created to design truly dynamic programs with an incredibly wide vision and sticky user experiences, enabling both the scalable and ‘less scalable’ harmoniously.
And while we find ourselves at the current chasm, this chasm will always continue to evolve.
And that requires structured creativity to solve.