Reward programs and other customer loyalty benefits have become the norm. Businesses which fail to offer them do so at their own risk.
Small businesses, even more than larger competitors, need to nurture their current customers while attracting new ones. Since customers are the lifeblood of a business, new ways have to be uncovered to build trust, reward loyalty, and ensure they understand their importance and value.
To accomplish this, we’ve broken down the business/customer relationship into three simple steps:
- Get to know them
- Bring them back
- Reward them
Get to Know Them
Loyalty programs offering cash rewards as incentives are proven to have a far higher sign-up rate, and returning customers are proven to spend a lot more than new ones. Customer Loyalty Accelerator (CLA) allows you to digitally identify your high value customers, personalize their experience and keep them coming back.
Bring Them Back
Leading retailers like Costco, Amazon and others are now using the power of cash rewards to motivate return customer visits. Instead of offering coupons, points or markdowns, you encourage return visits by rewarding your customers with cash incentives. On average, returning customers spend 60% more than new ones.
Who doesn’t like to be rewarded for their loyalty? With Customer Loyalty Accelerator, rewarding your high value customers with instant cash rewards for return visits has never been easier, or more effective.