GROWERS Revolutionizes Agriculture Loyalty Program Through Use of AI
January 30 2025 - 3:15PM
Business Wire
- AI-driven loyalty program helps retailers and manufacturers
enjoy greater visibility into farmer purchasing preferences,
resulting in improved product development and marketing.
- Farmers benefit from a streamlined retail experience and save
considerable time and money, as AI-driven suggestions help them
optimize their loyalty program benefits.
GROWERS, a leader in agriculture retail solutions, today
announced the results of its customizable loyalty program
technology, now enhanced with advanced AI. For 2024, agricultural
retailers in the United States using the GROWERS Loyalty Program
noted a significant increase in sales among members compared to
non-members. In 2025, the company expects further market adoption
of its program, which now combines the power of AI-driven insights
with fully tailored loyalty initiatives. Customer loyalty programs
in agriculture traditionally functioned as simple discounts or
rebates, rather than true loyalty drivers, but GROWERS AI solution
revolutionizes this marketing tool to the benefit of retailers,
farmers and manufacturers, by promoting continuous purchasing
cycles.
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GROWERS AI-powered Loyalty Program has
fueled significant surge in sales for participating agricultural
retailers and benefits for farmers. (Photo: Business Wire)
At the core of the GROWERS Loyalty Program is Axiom, an advanced
AI technology engine developed by Agmatix, GROWERS' sister company
under ICL Group. Axiom by Agmatix analyzes customer behaviors and
product performance data by using proprietary algorithms to provide
predictive insights, real-time recommendations, critical alerts and
tailored incentives for members using the GROWERS Loyalty Program.
The program leverages technology to adapt to seasonality, geography
and farmer profiles, which enables retailers and manufacturers to
optimize offerings and tailor them to their individual
customers.
“For agriculture retailers, loyalty programs aren’t just about
boosting sales, they’re about raising the bar on what customer
engagement looks like – they don’t just want to reward loyalty,
they want to actively create it,” says Steven Valencsin, CEO of
GROWERS. “By aligning retailers, manufacturers and farmers through
shared data-driven insights, the GROWERS Loyalty Program is able to
transcend traditional programs and drive meaningful growth across
the industry, by delivering a critical tool for influencing
behavior, fostering stronger relationships and enabling better
resource planning.”
Retailers are seeing the benefit, with Neal Horrom, COO of
Mercer Landmark stating, “Our investment in this digital
transformation has allowed us to build deeper relationships with
our customers, while staying ahead of the curve in retail
agriculture.” Mercer Landmark, a farmer-owned cooperative,
developed its loyalty program with GROWERS and has benefitted from
the alignment with their manufacturer partners and their farmer
customers.
As fewer, larger farms dominate the market, agriculture
retailers face intensified competition, making each customer more
vital to their success. With rising input costs squeezing farmers’
margins, and an increasingly competitive market challenging
retailers, a well-designed customer loyalty strategy helps
retailers strengthen relationships and drives repeat business. The
GROWERS Loyalty Program leverages data and AI to enable retailers
to create fully digitized, personalized loyalty models, such as
loyalty points to spend on products at preferential rates, which
incentivize cross-segment purchasing and help retailers craft
tailored incentives for the farmers they serve.
The closed-loop rewards model ties loyalty points to future
purchases from the same retailer and manufacturer, strengthens
customer relationships and improves ROI for all participants. The
AI platform also has the ability to predict customer behavior,
based on historical purchase patterns, and to provide retailers
with critical alerts to factors like customer churn and new sales
opportunities.
About GROWERS
GROWERS is a leading provider of loyalty solutions for the
agriculture industry. By harnessing data-driven insights and
innovative technology, GROWERS empowers retailers, manufacturers,
and farmers to achieve their goals. In collaboration with their
sister company Agmatix, under the ICL Group, they are pioneering
the integration of AI technology into their loyalty offerings. With
the introduction of Axiom into their program, GROWERS is not just
setting new standards but is also transforming the agricultural
landscape—fostering growth, enhancing loyalty, and forging stronger
bonds throughout the supply chain.
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version on businesswire.com: https://www.businesswire.com/news/home/20250130434963/en/
Press Contact Sarah Myers VP Marketing Agmatix T:
+1-919-880-8208
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