Loyalty programs are designed to reward customers for their continued engagement with a brand. One effective strategy used by businesses is offering loyalty milestone bonuses, which provide additional benefits when customers reach specific thresholds. These bonuses go beyond regular program benefits, incentivizing customers to continue their engagement. For instance, a customer might receive special rewards …
Loyalty programs have become a staple in the business world, designed to foster customer loyalty and encourage repeat business. At their core, these programs offer rewards to customers for their continued patronage, ranging from simple discounts to exclusive experiences. But how do these programs actually work? Behind every successful loyalty program is a complex ecosystem …