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    technologyloyalty
    16 Jul 2024

    The Challenges of Traditional Loyalty Programs

    In the competitive landscape of modern retail, loyalty programs have become a staple for many businesses aiming to build lasting customer relationships. However, traditional loyalty programs are increasingly facing significant challenges that undermine their effectiveness. Two key issues stand out: the non-exclusivity of these programs and the financial burden they can place on retailers when they succeed.

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    technologyloyalty
    16 Jul 2024

    Why It’s Time To Rethink Customer Loyalty

    Standalone loyalty schemes have shifted customer interactions from transactional to personal. By using rewards and gifts, companies foster familiarity and belonging, setting themselves apart and securing customer loyalty.

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