Loyalty program is fundamental for the success of any business. They are brilliant in attracting new customers, promoting loyalty among existing clients and driving sales. On average, loyalty programs are used by many businesses as a standard form of marketing. Whether done via old-fashioned punch cards or digitally, loyalty customers are account for up to 80% of revenue collected. But what might one to one business may be the opposite of another. What are the intricacies that needs to be addressed when establishing a loyalty scheme that will gratify customer and drive sales?
When planning and creating your loyalty programs, knowing what kinds of loyalty program and what to do will help you increase traffic and find new customers during slow periods. We will love to share with you some useful tips to create effective and successful loyalty program.