Challenge

Art Basel, a leading international art fair, wanted to identify new revenue streams and customer engagement through the creation of a membership program.

Solution

Analysis of program funding options by Loylogic showed that a paid proposition was needed to cost-effectively differentiate the rewards and benefits to VIPs. This program focused on individual art collector missions, in order to unite the community, grow brand engagement and unlock incremental revenues. Art Basel received encouraging feedback from their community on the proposal and are looking to bring it to market in 2023.

Impact