this sales promotional tool is specifically designed to strengthen customer relationships by allowing customers to accumulate points for doing business with the same company.

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yabfegi2408 yabfegi2408

19-12-2022
Business

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this sales promotional tool is specifically designed to strengthen customer relationships by allowing customers to accumulate points for doing business with the same company.

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Tutorconsortium509 Tutorconsortium509 · Answer 1 · 2022-12-24T08:35:12-05:00

Loyalty programs allow customers to collect points for just doing business with a particular company, which is specifically intended to enhance client connections.

A loyalty program is what?

It's a technique for retaining customers by persuading them to continue making purchases from your business instead of one of your competitors. The more a customer spends or engages with a company, the more benefits they receive.

Loyalty programs are beneficial to whom?

In addition to providing clients with rewards and perks, loyalty programs foster an emotional bond between customers and businesses. Customers return over and over again because of this bond. Actually, a loyalty program increases a customer's likelihood to purchase from a brand by 78%.

To know more about loyalty program visit :

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