Only nine seats remain

for the Digiday Programmatic Marketing Summit, May 6-8 in Palm Springs.

SECURE YOUR SEAT

Inside SoFi’s ‘VIP’ customer retention approach

At the Big Ten basketball championship final at New York’s Madison Square Garden earlier this month, four rows of seats and dedicated space at Delta’s Sky360° VIP lounge were reserved for event sponsor SoFi. Most people using these facilities were not SoFi employees, but its customers, who occupied the front two rows and enjoyed complimentary cocktails and food at the lounge.

It’s all part of a VIP approach to keeping customers and adding new ones — a strategy the company said is worth the investment.

“Even for someone who has a great job and makes a nice living, it’s hard to imagine [customers] spending discretionary income on that — we want to treat our members,” said Libby Leffler, vice president of membership at SoFi. “The best way to build trust is through these community events; we’re seeing those members are referring people from their networks like their workplace or where they went to school.”

Read the full story on tearsheet.co

More in Marketing

Who is OpenAI’s global head of ads, David Dugan?

Digiday talked to people who’ve known him throughout his career to find out exactly why OpenAI believe he’s the right person for the job.

Google says its AI-powered ads help some brands lift online sales by 80%

ModernRetail spoke with Courtney Rose, vp of retail at Google Ads, at Shoptalk Spring about early results from AI-powered campaigns.

TikTok’s Khartoon Weiss to exit the platform as its N. America lead of global business

Weiss, who was North America head of global business solutions at the company, is leaving on Friday, according to a memo shared with clients.