Plain, answer-first definitions of the category we're defining and the terms operators meet along the way — from cross-tenant data to destination intelligence.
Definitions are industry-grounded. Where we cite numbers they are published industry evidence, not Coniq claims. Customer work referenced here is anonymized.
Destination intelligence
Direction
Destination intelligence is the emerging category of using a retail destination's whole-of-site data — every visit, member and transaction across every tenant — to decide the next best action in the moment, not in next quarter's report.
It is the direction Coniq is building toward, anchored in the loyalty and customer data we already run for leading destinations today. The bet: a mall or outlet that can see and act on the entire destination beats a stack of single-store tools that each see one slice. Industry evidence for the underlying mechanic is strong — real-time decisioning has driven 15–30% incremental visit and spend lift in programs like Starbucks Deep Brew and Tesco Clubcard.
Retail destination
A retail destination is a place people travel to in order to shop, eat and spend time — a shopping mall, designer outlet or mixed-use scheme — operated by a landlord that hosts many independent retail tenants.
The operator owns the relationship with the visitor and the tenants, but rarely owns the point of sale inside each store. That split is why destination loyalty is a different problem from single-brand loyalty: value comes from unifying the whole site, not one shop. Around 80% of retail spend still happens in physical stores, so the destination remains where most of the data lives.
Cross-tenant data
Cross-tenant data is the unified view of a shopper's activity across all the retailers in a destination — the members, visits, baskets and offers stitched into one profile rather than trapped inside each individual store.
It is the asset a single-store loyalty tool structurally cannot produce, because no one tenant can see the others. For an operator it answers questions tenants care about: who shops across the centre, what a category drives, where a campaign actually lifted sales. Coniq is built around this destination-level view rather than a single brand's data.
Footfall conversion
Footfall conversion is the rate at which people who enter a destination turn into measurable, attributable spend — the bridge between counting visits and proving commercial outcomes.
Footfall alone is a vanity number; operators are increasingly asked to show what those visits did. Linking identified members and transactions to visits is what turns a footfall dashboard into a sales story tenants will pay attention to. Closing that loop in the moment, rather than after the fact, is part of the real-time direction Coniq is building toward.
Loyalty program
A loyalty program is a structured scheme that identifies shoppers and rewards repeat behaviour — through points, tiers, offers or perks — in exchange for the data and engagement that identification creates.
For a destination, the program is the mechanism that makes anonymous footfall into known, addressable members. Coniq runs loyalty in production for leading malls and outlets — members, offers, redemptions and card-linking or payments integrations — at scale. Loyalty now accounts for around 51.5% of marketing budgets, up from 22.8% in 2022, reflecting how central it has become.
Paid / subscription loyalty
Paid or subscription loyalty is a program shoppers pay to join — a membership fee or subscription that unlocks richer benefits — rather than a free-to-enter scheme funded only by margin.
The paid model selects for committed customers and creates a recurring relationship rather than a one-off sign-up. McKinsey finds paid loyalty members spend around 60% more than free members after subscribing. For operators it is one lever among several, and which model fits depends on the destination's mix and goals.
Breakage
Breakage is the share of issued loyalty value — points, credits or offers — that members never redeem, so the cost is accrued but never actually paid out.
A degree of breakage helps program economics, but high breakage usually signals offers that are irrelevant, hard to find or badly timed. The healthier goal is redemption that drives incremental visits, which is where relevance and timing matter. Measuring breakage against incremental lift, rather than in isolation, keeps a program honest.
Retail media network
Direction
A retail media network is an advertising business a retailer or operator runs on its own first-party data and audiences — letting brands pay to reach identified shoppers across the operator's owned channels.
Retail media has turned first-party loyalty data into a major profit centre; loyalty and media data are becoming a $1B+ P&L line in cases like Tesco Media & Insight and Target's Roundel. For destinations, the unified cross-tenant audience is the raw material a media network would monetise. Coniq frames destination-level retail media as direction, built on the data foundation it operates today rather than a shipping product.
Real-time decisioning
Direction
Real-time decisioning is choosing the next best action for a shopper in the moment — as they visit, browse or transact — instead of in a batch campaign planned days or weeks ahead.
It is the mechanic behind much of the proven lift in modern loyalty: 15–30% incremental visit and spend uplift in programs such as Starbucks Deep Brew and Tesco Clubcard. Coniq treats in-the-moment decisioning as direction — the future it is building toward, anchored in the data and offer systems it ships today. The honest position is that today's products move toward this, rather than claiming it is fully live.
Customer data platform (CDP) vs destination data
A customer data platform (CDP) is generic infrastructure for unifying customer records from any business, whereas destination data is that capability shaped specifically around a multi-tenant retail destination — landlord, tenants, members and visits.
A horizontal CDP gives you pipes; it does not know what a tenant, an anchor, a footfall event or a turnover-rent report is. Destination data builds the operator and tenant relationship in as a first-class concept, so the unified view maps to how a centre actually runs. Coniq's approach is destination-shaped rather than a general-purpose CDP retrofitted to retail real estate.
Turnover rent
Turnover rent is a lease arrangement where a tenant pays the landlord a percentage of its sales — in addition to or instead of a fixed base rent — so the operator's income rises and falls with retailer performance.
It directly aligns the operator with driving tenant sales, which is exactly what destination loyalty and offers aim to do. It also makes accurate sales and attribution data commercially important, not just a marketing nicety. The clearer the link between a campaign and tenant turnover, the stronger the operator's case to both tenants and finance.
Member identity
Member identity is the resolved, persistent profile that ties a single shopper's signals — sign-up, app, card-linked payments, visits and redemptions — to one known person across the whole destination.
Without resolved identity, the same shopper looks like several anonymous fragments and the cross-tenant view falls apart. Card-linking and payments integrations are common ways destinations connect transactions back to a member. As AI agents begin to act on people's behalf, a clean, machine-readable member identity becomes the foundation for serving them — one reason Eagle Eye noted in 2026 that most loyalty programs are not yet ready for AI agents.
See these ideas working on your data.
Not a vision slide — the product, on data shaped like your destination's.