Different Types of Reward


Balancing the costs and rewards is the only key to become profitable and successful with your chosen Customer Loyalty Software. It is very important to determine how much you can spend on each reward level and how much a customer will require to spend to unlock it.

Choosing the rewards that you offer and setting up your rewards program are the essential part of the success of your system. Keeping a track of your rewards can be done through loyalty management software.

In this blog, we are discussing the most inventive and valuable Customer Loyalty Software that you can offer to your customers or target audiences. To talk about a few of them –

• Free Gifts with Purchases -  This is the most common and popular type of rewards that can be given to your customers. You can give free gift to them with every purchase or when they hit a certain threshold of purchases that you set in the offer. A free gift should be chosen as the demographic of your business and must relate back to your brand. This will definitely encourage more purchases and earn your brand more visibility through word-of-mouth.

• Experiences & Vacations – Experiences have always been unforgettable. You can reward your most loyal customers with vacation packages directly or through sweepstakes. These are considered to be the more extravagant side of rewards but leave an everlasting impact on your most loyal customers. This results in more retention of the customers.

• Gift cards & Store credit – To keep your customers coming back to you, gift cards and store credit plays a vital role. Though it keeps your customers loyal to your brand almost by force, but it pushes the cycle of constant purchases.

• Freebies – Rewarding the friends and family members of your loyal customers is a great way to reward them. When they make a purchase, you can let them enter the email ids or contact numbers of the people they know. You can then send a free gift or discount vouchers to them. This will increase your visibility and make your loyal customers happy.

• VIP Status – Making you customers feel elite and apart from the crowd will definitely make them your loyal customers. This can be done by giving them VIP status by giving them an access to special deals, new announcements or trials of the new products before anyone else or before even the launch.


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