Learn how you can get the most of your customer loyalty program
Giving loyalty points for online actions is the key to improved customer retention as well as sales. Not only this approach boosts your customer loyalty but also provides you a competitive edge.
The redemption rate of a loyalty program is the percentage of points issued by you and redeemed by your customers. An average reward redemption rate is impacted by multiple factors like industry, the
The idea behind a customer loyalty program is quite simple yet powerful – Rewarding customers and increasing repeat purchase rate. For instance, My Starbucks Rewards, the reward program of the
With the growing demand, affordability, and accessibility of eCommerce loyalty programs, myths related to them are also burgeoning. These myths could keep you from launching your own eCommerce
Today, a customer loyalty program solution without VIP tiers is like is a smartphone without apps. To ensure your reward program has a high recall value and increase retention rate, you must design a
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