Marine Dealer Solutions Blog

4 Customer Loyalty Program Ideas - and how it could help your business.

Posted by Marine Dealer Solutions on Jan 5, 2017 5:44:45 PM

It costs a company more to acquire a new customer than it does to keep one. Customer retention is vital in nourishing a healthy business. Therefore, merchants benefit from customer loyalty programs to encourage customers to carry on shopping at or using the services of businesses connected with each program. A customer loyalty program is a customer-brand relationship. Whereby, the company offers high-class products, promotions, or pricing; in return, the customer agrees to be loyal to the business through repeat purchases or brand engagement.

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