Welcome Loyal listeners in to today’s episode of the loyalty minute we’re going to be looking at how Loyalty programs are another great way to create long-term relationships and boost sales. According to the Bond Brand Loyalty Report:
• 77% of consumers say they are likely to stay with a brand that has a loyalty program.
• 70% of consumers are more likely to recommend a brand with a good loyalty program.
• 63% of consumers say they're prepared to modify their spending habits in order to maximize the benefits of a loyalty program.
One of the biggest benefits of creating a well run loyalty program is it helps existing customers become brand advocates. Just remember to set up your program to keep you customer feeling special and show them they matter, and they will gladly spread the word.
To learn more about this, and a ton of other customer loyalty insights, please visit theloayltyminute.com Enjoy!--- Send in a voice message: https://anchor.fm/rob-gallo/message
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