In 2024, the airline sector faces a significantly altered era due to the global COVID-19 pandemic. According to a recent study by IATA, there has been a significant resurgence in passenger numbers, with an impressive increase of 16.6% in revenue passenger kilometers (RPK) from January 2023 to January 2024. This recovery marks a critical milestone, …
Deploying Next-Gen Airline Loyalty Programs: A Complete Guide Read More »
The new generation is not only tech-savvy but also fashion-conscious. The retail fashion industry is going through what we would like to call the golden renaissance with numerous retail clothing stores across the globe. Even in the online space fashion remains one of the most popular categories with clothing (51%), shoes (41%), and accessories (30%) …
Loyalty Programs For Retail Clothing Stores in the Fashion Industry Read More »
A plumber loyalty program is a rewards program that honors and compensates plumbers for their steadfast commitment to a specific brand or business. The goal of the program is to reward plumbers for sticking with the company and to encourage them to recommend it to their end customers (dealers/end consumers/fellow plumbers). Plumber loyalty programs are …
The Complete Guide to Plumber Loyalty Programs 2024 Read More »
B2B loyalty programs are made to attract and keep customers, especially distributors, dealers, retailers, vendors, gig workers, and vendors that work with B2B companies. These incentive schemes incorporate strategies to increase brand loyalty by providing recurring business clients with something extra. In the electronics sector, a well-crafted loyalty program increases brand loyalty, encourages repeat business, …
How B2B Loyalty Programs Are Driving Growth in the Electronic Industry Read More »
The hotel industry is highly competitive. Going the extra mile by offering an attractive loyalty program can help hotels retain customers and acquire new ones. Loyalty programs offer reward points, perks, and more ensuring customers keep coming back to the hotel. They play an instrumental role in helping a hotel brand build a loyal customer …
Mastering Hotel Loyalty Programs: Essential Guide for Hoteliers Read More »
During a recession or an economic downturn, both large and small businesses see a plunge in sales leading to slow business growth and low profits. In many cases, businesses have declared bankruptcy as well. The impact of an economic downturn varies from one business to another. However, depending on the nature and scale of the …
How to Improve Loyalty Program During Economic Downturn Read More »
In 2024, developing successful bank loyalty programs will be essential for banks and companies alike. A variety of advantages are provided by loyalty programs, such as improved customer happiness, higher consumer involvement, an industry competitive advantage, and customized offers.
Customers’ purchase decisions can be triggered by emotions, therefore, businesses must craft experiences that can invoke positive emotions to earn customer loyalty. There is no better masterstroke to earn lifetime loyalty from your customers than remembering and celebrating their birthdays. It is the most personalized way to build an emotional connection with your customers. So, …
5 Ways to Make Customers Feel Special with Birthday Loyalty Surprises Read More »
Loyalty programs have become a useful tool in today’s cutthroat corporate environment for boosting client engagement and fostering loyalty. Nevertheless, these initiatives can have a significant negative financial impact on businesses, showing up on the balance sheet as a “loyalty program liability“. An organization’s capacity to maintain its financial stability depends on its ability to …
Essential Tips to Manage Loyalty Program Liability Read More »
