Introduction Happy customers often lead to loyal customers. What kind of incenti
ID: 327392 • Letter: I
Question
Introduction
Happy customers often lead to loyal customers. What kind of incentives would create loyalty with customers? Prime member programs provide incentives and several opportunities to provide personalized contact. Scout out what businesses are doing today in their prime member programs to generate customer loyalty.
Instructions
Research and identify three businesses that provide prime membership programs. For each business, identify:
Who can qualify
What kind of incentives members receive
Do you like these programs? Why or why not?
Explanation / Answer
Loyalty programs are a type of marketing strategy designed to attract consumers to continue using services offered by the business. The loyalty programs usually cover the returning loyal customers of the business. Loyalty programs offer bonus points, bonus discount vouchers, club cards, rewards, etc. to the loyal customer base who keep bringing business to the company.
Southwest’s Reward Program
Starbucks Rewards Program
Amazon Prime Membership
Loyalty programs help the business in maintaining its competitive advantage over its customers. Every customer likes these kinds of offerings by the business. The main reasons why customers cherish such loyalty programs are:
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