The Value of Loyalty Programs

 

If your business doesn’t already have a loyalty program, this infographic offers a number of compelling reasons why you should create one. Created by Invesp, the infographic illustrates how useful loyalty programs are at boosting customer retention by using results from a consumer survey. Around 58 percent of respondents make purchases from brands whose loyalty programs that belong to on a monthly basis. Those loyalty program members tend to spend 25 to 100 percent more than their non-loyalty program subscribing counterparts. Additionally, 69 percent of respondents said that they prefer to do business with companies that offer loyalty programs as opposed to those that do not. Follow link below to learn more surprising statistics about the effectiveness of loyalty programs.

Read the full article here: http://www.business2community.com/infographics/customer-loyalty-programs-important-business-infographic-01500553#0txGqkgM8XrUT6IJ.97

 

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