How Loyalty Programs Drive Retention and Upselling Strategies?
We have discussed the various ways loyalty programs enhance retention and upselling strategies.
We have discussed the various ways loyalty programs enhance retention and upselling strategies.
This blog post discusses the common types of loyalty fraud and the tried-and-tested methods to prevent loyalty fraud.
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 …
7 Strategies to Reinforce Loyalty Program Management and Turn Customers into Loyal Fans Read More »
Implementing an effective loyalty management program can help businesses increase customer retention and lifetime value.