loyalty programs

Repeat-customer reward systems

Loyalty programs are marketing schemes that reward customers for repeat business.

Members earn points, miles, or credits with purchases, redeemable for discounts, free products, or perks: I signed up for the airline's loyalty program to get free flights.

The programs encourage brand allegiance while collecting data on consumer habits.

Also called rewards programs.

Opposites
customer retention strategy

loyalty programsflash sales

Short-term promotional discounts

loss leaders · sign-up bonuses · clearance sales · doorbuster deals · limited-time offers

pricing and reward structure

loyalty programseveryday low prices

clearance sales · price matching · haggling · pay-as-you-go

customer-business relationship model

loyalty programscash-and-carry

Pay upfront, transport yourself

customer churn · no strings attached · disintermediation · pay-as-you-go

Family

program, loyalty

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G