"Build and Brand Your Business by Offering Your Clients Rewards for their Loyalty"
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Your customer has choices, by rewarding your loyal customers you can increase the frequency of their visits. Fred Reichheld, research author of Loyalty Rules: How Today's Leaders Build Lasting Relationships , "Loyalty is the KEY to Growth." Loyal customers not only spend more on each visit, but are also twice as likely to refer a new customer. In September of 2007, American Express Market Brief stated: - Participation in reward card programs has doubled from 2006 to 2007
- It costs 6 to 8 times more to acquire a new customer than it does to keep an existing customer coming back again and again
- Loyalty cards increase visits...28% of customers report they are "Extremely Likely" to increase their visits to a business if they have a loyalty/reward card from them
Don't you think it's time you added an effective rewards strategy to your marketing plan?
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