All About Loyalty Programs
What Are Loyalty Programs???
• A marketing system businesses use to reward their customer’s purchasing behavior to encourage the customers to stay loyal to the company. •Rewards can be in the form of movie tickets, spa retreats, getaways, discount coupons & more.
How Does It Work??? • A customer loyalty program has 3 parties involved:
A Company with the loyalty program which issues the points. Customers who earn points for buying products and services from this company. Third party tie-up partners who give away rewards to customers in exchange for the points earned by the customers. Customer Loyalty Program
How Does a It Work??? • A Customers will buy products or services from the company offering them loyalty programs. • When the customers have collected enough points they can exchange it for rewards such as a Spa Retreat. Loyalty Reward Programs
Win-Win Marketing Plan For All • The service providers pay the tie up partners for the rewards given away to the customers. Tie up partners like this arrangement as they make sales while expanding their customer base.
• Even though the service provider covers the cost of the rewards he still earns profit from the customer by issuing points at a value that is still profitable for them. Best Reward Programme
Benefits of Loyalty Programs for Businesses
Helps create a positive association with clients. Increases customer lifetime value. Boosts growth & increases sales. Makes a positive impact on company reputation. Provides important information on customer behavior based on their choice of rewards.
Customer Reward Programs
About GK Value rewards GK Value Reward is a loyalty program to give back to loyal customers & show appreciation for their support for the past ninety years. Now, in addition to the quality products & excellent services, GraceKennedy group also wants to treat their customers with special rewards whenever they shop at or do business with any one of GK Group's participating subsidiaries, Hi-Lo, GK General Insurance, First Global Bank, Bill Express and FX Trader.
GRACEKENNEDY Value Reward Program Join GraceKennedy Rewards Programme Free: Rewards Sign Up
For More Information: Call Us At: 1-888-429-5458 Write To Us At: gkvaluerewards@gkco.com