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Customer Loyalty
Programs
Reasons Why Customer Loyalty Programs Matter7
The 80-20 RuleThe 80-20 rule simply states that 80 percent of business comes from 20 percent of customers.
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2More than 71% of those making $100,000 OR MORE a year are enrolled in a loyalty program.
People choose to do business with those who appreciate them, listen to them and value their business.
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It is 6-7 TIMES more expensive to acquire a new customer than it is to keep a current one.
4
75% companies with loyalty programs generate a return on investment.
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83% of members agree that programs make them more likely to continue doing business with certain companies.6
Increasing customer retention rates by 5% increases profits by up to 95%.
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Tips For Launching A Loyalty Program
SIMPLE
start
start with yourEXISTINGEMAIL LIST
make it simple to
JOIN
LIKE THIS
NOT LIKE THIS
EARNING
make
rules simple
EARN 1 POINT
SPEND $100
100 POINTS IS WORTH $1
SPENDING
make
rules simple
Don’t Overwhelm Customers’With Options
Coupons
POINTS
Tiers
Fees
Punch Cards
END GOAL
have your
in mind
IMPROVE CUSTOMER ACQUISITION?
DECREASE CUSTOMER CHURN?
INCREASE ORDER SIZE?
make it aboutyour customer
not about money
Nextlevel Sales Promotions Pvt. Ltd.
WZ-114, 2nd floor,Meenakshi Garden,
New Delhi-110018 (INDIA)Website : www.nextlevel.co.in