Module 6-5: Magnetic Loyalty Programs

Magnetic Loyalty Programs

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How to Use Loyalty Programs to Increase Sales and Keep Your Buyers Coming Back to You (Instead of Your Competition)

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Lesson 6-5:Magnetic Loyalty Programs

[text_block style="style_1.png" align="right" font_size="15" font_style="300" font_color="%23c0c0c0" font_spacing="0" font_shadow="none" top_padding="10"]Lesson Level:  Intermediate / Advanced[/text_block]
[text_block style="style_1.png" align="right" font_size="15" font_style="300" font_color="%23c0c0c0" font_spacing="0" font_shadow="none" top_padding="10"]Lesson Length:  9m 32 sec[/text_block]

LESSON BRIEF

[op_liveeditor_element data-style=""][text_block style="undefined" align="left" font_color="%23788596"]Here’s why loyalty programs are an important profit driver for moving the needle in your business:

  • 81% of consumers are more likely to continue doing business with brands that offer loyalty programs (Bond)
  • 70% of consumers modify the when/where they purchase from in order to maximize points (Bond)
  • 66% of consumers modify amounts they spend to maximize points (Bond)
  • 73% of loyalty programs members are more likely to recommend brands with good loyalty programs (Bond)

In other words, if you have a loyalty program - on average - your consumer will buy from you in greater frequency, in greater amounts, will remain more loyal to you and refer their friends.[/text_block][/op_liveeditor_element]

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