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Customer Loyalty Programs That Actually Add Value

10.02.17

Customer loyalty programs are a great way to encourage customers to return to a business and potentially attract new business. This not only increases customer loyalty but it increases sales.

Most merchants do not need to be told what a customer loyalty program is. They seem to be everywhere from frequent flier miles with airlines to the buy-5-get-1-free deals at coffee and yogurt shops. What merchants truly need to know is how valuable implementing a loyalty program is and the different ways in which they can go about starting one. According to the Access Customer Loyalty Statistics, 53% of Americans participate in a loyalty program because of ease of use. This means that merchants have a great chance at getting at least 50 percent of their customer base to sign up for a loyalty program.