Advertising Customer Base Rewards Programs ROI 
BirdEye
MAY 31, 2023
Referral marketing is the process of leveraging the trust and goodwill established with existing customers and encouraging them to refer their friends and family to your business. Your customer base always has access to a similar audience that would need and appreciate your service. According to Annex Cloud , 49% of U.S.
Currency Alliance
APRIL 15, 2024
However, if you offer the points/miles that your customers are already collecting – i.e., a partner’s points – the customer will be much more motivated to engage, and you will collect a lot more data. This means that loyalty programs are now a more important channel for customer acquisition and retention than ever before.
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Currency Alliance
DECEMBER 13, 2018
Reward programs still have an important part to play in this effort; but they are only part of the picture. YouGov data from the UK shows that even the youth demographic – supposedly disloyal – thinks that points programs “are a good way for brands to reward customers and 59% think all brands should offer one.”. [iii].
Currency Alliance
FEBRUARY 26, 2019
The most important priorities are: Align with corporate goals: update loyalty program design to support current business objectives. Customer data: maximize ROI. Partners: optimize the mix to appeal to a broader array of customers. Emotional loyalty: add incentives along many touchpoints in customer journeys.
Currency Alliance
FEBRUARY 10, 2020
Broadly speaking, most of the chains’ loyalty efforts have been in proprietary, albeit digitalized versions of the original S&H program: collecting in order to redeem for rewards, some digital couponing, and pushing out offers via a mobile app. The point is that, in an effective program, points are an investment and a cost.
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