Customer Loyalty Programs That Actually Do Add Value

4 Min Read By Nicole Bryan

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 percent 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.

53 percent of Americans participate in a loyalty program because of ease of use.

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. Beyond increased customer loyalty and increased sales, loyalty programs can provide incredibly valuable…