You are in need of loyalty programs ideas, and want to go beyond offering simple rewards to customers who make frequent purchases. Studies show it costs substantially more when acquiring new customers than it is to retain existing ones. Repeat and existing customers, tend to spend more money as well.
Extole has an enterprise platform that can show you how a potential customer can be existing customer. Use any loyalty programs ideas to turn new or existing customers into loyalty or reward program members as well.
Loyalty programs ideas and some of the benefits Extole provides are:
- Encourage return business - Knowing rewards can be collected may sway business your way
- Show customers they are valued - Give them more than a simple thank you with an invoice or receipt
- Help gather information - Learn about your customer base and their spending habits
- Low cost advertising - Periodic emails and reward cards remind customers of your business
Download our best practices guide now and Extole can show you that winning customer loyalty pays off in the long term.