During a recession or an economic downturn, both large and small businesses see a plunge in sales leading to slow business growth and low profits. In many cases, businesses have declared bankruptcy as well. The impact of an economic downturn varies from one business to another. However, depending on the nature and scale of the …
How to Improve Loyalty Program During Economic Downturn Read More »
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.
The process of acquisition and retaining customers is crucial for any business. You may be a start-up, small, medium, or large enterprise, but all you worry about is the inflow of customers and their duration of engagement with your brand. Thus, companies struggle to get the best out of their strategies to attract customers from …
What is Brand Loyalty and Why Your Brand Needs it? Read More »
