LoyaltyXpert

Loyalty Program

\"Similar Loyalty Program

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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\'Loyalty in Paint Industry

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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Marketplace Loyalty Program

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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\Boosting Lifecycle Marketing

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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loyalty program management

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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upgrade loyalty platform

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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Personalised loyalty program

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 …

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