About Lesson
What are the goals of a loyalty program?
Loyalty programs cultivate customer retention by rewarding customers for supporting a business. While most businesses award perks based on purchases, some have gotten more creative.
These companies reward customers for things like social media involvement, customer testimonials, item recycling, and survey participation.
The benefit of any loyalty program is that, by signing up, customers commit themselves by agreeing to the possibility that they will buy your products again in the future.
Technological advancements have expanded the popularity of rewards programs, but customers have been collecting and redeeming points for quite some time.