A whopping 75% of US companies with loyalty programs generate a return on investment. Here's a look at the myriad benefits of investing in a customer loyalty program.
Customers respond well to loyalty programs. "83% of customers agree that loyalty programs make them more likely to continue doing business with certain companies," according to the following infographic by ecommerceCEO.com (formerly Selfstartr).
Moreover, existing customers spend 67% more than new customers.
Unfortunately, however, only 25% of loyalty programs reward customers for some form of engagement, says the graphic.
To find out more reasons for having a customer loyalty program, click or tap on the infographic.
Oh, boy. The dreaded sign up form.
Before you run for the hills, we wanted to let you know that MarketingProfs has thousands of marketing resources, including this one (yes, the one behind this sign up form), entirely free!
Simply subscribe to our newsletter and get instant access to how-to articles, guides, webinars and more for nada, nothing, zip, zilch, on the house...delivered right to your inbox! MarketingProfs is the largest marketing community in the world, and we are here to help you be a better marketer.
You may also like:
- Boost Your Sales With Strategic Gifting [Infographic]
- How to Use Empathy in Your B2B Brand Storytelling
- The Role of Customer Empathy in the Future of Marketing
- How to Offer More Value to Your Crisis-Stricken Customers [Infographic]
- Planning Your COVID-Related Communications: A Flowchart [Infographic]