What is Digital Loyalty Program? How to Implement One?
4 effective steps to implement a successful digital loyalty program. How you can implement effective digital reward programs, read On.
Loyalty Program
Loyalty Program Strategies in Times of Crisis: An Ultimate Guide (2023)
This blog post discusses the ways companies can update their loyalty programs in times of crisis to address new needs and priorities of their prospects and customers.
How Can You Rival a Brand that Offers a Similar Loyalty Program?
If you feel that none of your competitors have a similar loyalty program, then think again. If you work in an extremely competitive industry, such as paints, plumbing fixtures, laminates, or wire and cables, then at least one of your competitors may offer a similar brand loyalty program, channel loyalty program, or influencer loyalty program. …
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6 Reasons to Implement Channel Loyalty in Paint Industry
Manufacturing high-quality paints and coatings is half the battle. The other half is choosing the right distributors and resellers to get the products to market. For that, you need to run an effective channel loyalty program for your channel partners—your distributors and all types of resellers. By leveraging a well-designed channel partner loyalty program, you …
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How QR Codes Are Shaping the Future of Loyalty Programs?
If you are a business owner, you would benefit from using QR codes in your loyalty program solutions. Why, you ask? They’re easy to implement, popular among smartphone users, and enjoy a massive market size. A new study found that more than 85 percent of smartphone users had scanned at least one QR code once …
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What Is a Marketplace Loyalty Program? What Are Its Advantages?
While a lot of businesses leverage their loyalty program platforms to reward and retain their customers, some use them to reward their partners and sellers apart from their customers. The concept is known as marketplace loyalty programs. As per a recent study, many successful companies are giving more focus to their marketplace loyalty programs. Another …
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How Loyalty Programs Can Help in Boosting Lifecycle Marketing?
Gone are the days when a majority of people were loyal to their favorite brands for a long time. Contemporary customers, however, switch brands more frequently due to the sheer number of choices and more attractive offerings and prices. Due to this, many businesses are finding it hard to retain their existing customers. With shortening …
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7 Strategies to Reinforce Loyalty Program Management and Turn Customers into Loyal Fans
Many businesses say their biggest challenge is to improve their customer retention rate. As per one new data, the average business loses nearly 15 to 30 percent of its customers every year owing to a lack of customer loyalty. In some businesses, less than 20 percent of their customers make a second purchase. However, robust …
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Planning To Upgrade Your Loyalty Platform? Here’re 10 Areas of Focus
A new platform can help improve brand perception, retain relevance, and offer accurate personalization to participants. As a business owner, board member, or administrator, you might have a basic idea about crucial aspects of technology migration. From registering and onboarding participants to delivering benefits, the new loyalty program solution introduces end-to-end changes. As a result, …
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How to Boost Sales & Retain Customers with Personalized Loyalty Programs?
Personalized loyalty programs are fast gaining traction in the corporate world. Tailoring their loyalty programs for different types and groups of customers, businesses can incentivize them to spend more and retain them for a long time. As per a Bain & Company study, an increase of just five percent in customer retention rate can enhance …
How to Boost Sales & Retain Customers with Personalized Loyalty Programs? Read More »