Can loyalty rewards help grow a business?

cherry123 · Nov 12, 2023

Loyalty rewards is a feature provided by business and it's owners. A lot of businesses are already adopting this feature and are offering some sort of loyalty rewards program to aid in growing their business.
Customer likes compensation which could be in form of discounts, free products, or entries to exclusive giveaways. when you adopt this method you are simply wanting and luring in more people to buy from you This will then bring in more sales and profit.

Do you agree with me?

Starmix · Nov 14, 2023

It might help the business but to make it grow is impossible because customers come and go. They keep on scouting businesses that offer sales and low costs of products.

Fidelia · Nov 14, 2023

Customers only show loyalty when there is something that they stand to benefit. They would move to the next business that offers loyalty program. It can boost momentary sales but cannot grow the business.

Starmix · Nov 14, 2023

That's right it doesn't make the business to grow fat unless all customers sympathise. If there's massive loyalty card the customers will multiply but as to huge purchase we're not sure of it.

eldavis · Nov 14, 2023

In most cases it does help to some extent. Customers would always patronize a place that treats them with the high respect and at the same time give them quality. Customer loyalty rewards is a great way to show respect to your customers.

Starmix · Nov 14, 2023

Loyalty rewards for customers boost morale and empowers the company's name and reputation. They feel they are part of the business. But the essence ofva loyalty card is under the control of the owner.

Can loyalty rewards help grow a business?

cherry123

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Starmix

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Fidelia

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Starmix

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eldavis

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Starmix

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