Loyalty & Reward Programs increase sales and drive repeat business
Your customers are the key to your business’ success so why not reward them with a loyalty program to ensure they keep returning?
Loyalty or Rewards programs are launched using a card made of PVC plastic that has a magnetic stripe on the back.
The card can be used to accumulate points, dollars or rewards in a merchant’s store or business. The card can track visits, products purchased or total dollars spent. The merchant can predetermine the levels of rewards or points on the program.
Benefits of Launching a Loyalty Program
- Enhanced image/brand reinforcement
- Repeat loyalty customers spend 33% more than new customers
- Promotes more return visits and larger average tickets at the location
- Ability to capture customer information and track purchase history
- Tracking and reporting allows merchant to easily manage program
- Creates better relations between merchants and their customers
- Sets the merchant apart from their local competition
- Loyalty card members are more likely to refer others to visit
- Promotions or special events can also be launched using the cards
- Streamlined procedures at the POS
A 5% increase in customer retention can increase a company’s profitability by 75%.
The benefits to the customer are realized when the reward levels are reached. No matter what program is supported by the merchant, consumers appreciate getting rewarded and earning something back on purchases.
The programs provide the customer the ultimate in flexibility. In today’s competitive retail environment, loyalty programs are aimed to retain and build upon the merchant’s current customer base. The system offers a powerful tool to create a compelling reason for customer’s to continue to visit a merchant time and time again. Implementation specialists work with the retailer to determine and configure the system for the types of loyalty program desired.
Please Note: All Loyalty Programs require a separate addendum in order to activate services. Please reference your agent sales portal for the Loyalty Addendum.