A channel partner is usually a third-party business or individual that promotes and sells products, services or technologies for a manufacturer or service provider through a partnering bond. This is usually done through a co-branding relationship. For the growth of a company, channel partnerships prove to be a high impact strategy. Moreover, a good partnership …
All You Need to Know About Channel Partnership Programs Read More »
Are you looking for ways to keep customers active in your loyalty program? If yes, then it is important to reward your customers beyond discounts. A loyalty program should reward all things that add value not only to your business but also to the customers. Before looking at the ways to create value from a …
5 Effective Ways to Create Value from Loyalty Programs Read More »
In this hyper-competitive market, businesses should retain more customers to sustain business growth. If a company has a large user base of loyal customers, it can strongly compete in the market and boost revenue. Hence, they are finding ways to keep the customer attracted to their products and services. Rewarding customers is a good way …
Benefits of Implementing a Loyalty Program for Customers Read More »
As the market competition is increasing day by day just offering a quality product or services is not enough. More precisely, ordinary rewards are not making much difference to retain loyal customers for a business. Hence, companies are inventing new ways to retain more customers through loyalty programs. Have you noticed that when you present …
Here’s How Personalization Can Boost Your Loyalty Program Read More »
Loyalty programs are offered by different retail stores, restaurant and hotel chains. These are very much in vogue today as it helps in building a good customer relations and also facilitates in retention of customers in a better way along with of course increasing the sales of the business manifolds. Such programs exhort the customers …
Best Practices For Launching A Loyalty Program (Demo) Read More »
Loyalty programs and referral programs are closely connected, that\’s why people usually confuse these two programs for rewarding the same thing. There are components of each type of program that can easily be twisted. A customer who brings referral businesses continuously, consider as a loyal customer. Likewise, some referral programs require customers to refer many …
A loyalty program is a structured and long-term marketing strategy that entices customers to make frequent repeat business with a certain product or service. Usually, the customer loyalty program offers unique benefits like discounts and other rewards. In fact, a 5% increase in customer loyalty is likely to increase profit per customer by 25% -100%. …
The Evolution Of Loyalty Programs With Changing Times Read More »
A loyalty program is an efficient way to retain existing customers and attract them to make repeat business. It is the ultimate way to increase revenue from your current customers. As it costs up to five times more to acquire new customers, it is better to nurture the existing ones. Hence, if you introduce a …
Want to create a loyalty program that will help you grow your business!
