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The 5 Loyalty Programs Your Business Needs to Know About
Savvy marketers know that it costs a business more money to acquire new customers than to sell to existing customers. In fact, a repeat customer on average spends 67% more than a new customer – that’s a significant gap. With this in mind, many businesses offer loyalty programs to their dedicated customers in the form of discounts, free products or VIP treatment.If you own a small or mid-sized business, the thought of a loyalty program can seem intimidating or inappropriate; it shouldn’t be.
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Jul 20th 2016