Maximize Customer Loyalty Program to Give Advantages for Everyone

A retailer certainly cannot force a person to be a loyal consumer and not buy certain products from other retailers. Every consumer has the right to determine to whom (retailers) they will shop. Various things are done by retailers to keep their customers. In addition to retaining, retailers would want to get more customers so they can grow their business.

This is what happens, retailers prefer to strategize to get more customers and sell as many items as possible. They may still think about strategies to retain consumers, but rarely among those retailers who actually do it.

One way to get and retain consumers is through a loyal customer program. This is a strategy whereby retailers will offer various advantages as an attraction for consumers to stay afloat while getting new customers.

The effectiveness of loyal customer program

Loyal customer programs are one of the best ways to get and retain customers, but their effectiveness depends on the retailers' seriousness to do so. Many retailers offer a variety of advantages and convenience to their customers through the program. Not a few of the consumers are tempted by these offers and choose to be loyal customers and even directly / indirectly invite others to do the same.

BitReward ensures that a retailer will consistently grant the rights of its loyal customers. The retailers must provide rewards to all consumers who follow the loyal customer program. This is done as an effort to maximize the role of consumers in the business success of the retailers.

In traditional trading, consumers often have to do a lot of things or achieve certain targets just to get rewards. This is, of course, a strategy that is not very interesting. BitReward, through its cryptocurrency, can do something much better; rewards that are appropriate for all consumers. A good reward will obviously increase the interest of consumers to engage in loyal customer programs. Simply put, many consumers do not see the number of the reward. They do not mind to get small but sustainable rewards.

Through consistent rewards, consumers will obviously increase their efforts to, for one; invite more people to shop at certain retailers. The question is how to determine the number of rewards that deserve to be given to a loyal customer? BitReward is able to detect every new consumer and the origin of the consumer. The meaning of 'origin' is who the loyal customers are bringing them up to a particular retailer.

The reward is then adjusted to the loyal customer's activity and the new customer he/she brought. BitReward will reward the loyal customer when he or the new customer he is carrying purchases or transactions with certain retailers in the BitReward ecosystem.

You might think that this would be like MLM, well, maybe yes and maybe not. A loyal customer will indeed get rewards from everyone and the transactions it does, but this does not apply to new customers brought by the new customer. It is truly a fair system of reward in loyal customer program; something you can't find in a traditional loyalty program.

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