What are some effective loyalty program strategies for businesses?
Effective loyalty program strategies include tiered rewards, personalized offers, and engaging customer experiences.
Can you explain how tiered rewards work?
Tiered rewards offer different levels of benefits based on customer spending, encouraging them to reach higher tiers.
What are personalized offers?
Personalized offers are tailored promotions based on individual customer preferences and purchase history.
How can I measure the success of a loyalty program?
You can measure success through metrics like customer retention rates, average transaction value, and program engagement.
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