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  • growth_meets - GROWTH MEETS @growth_meets 2 hours ago
  • #Growthmeets - Loyalty Programs used by Fortune 500 companies. It costs 6-7 times more to attract a new customer vs selling it to an existing customer.

It is also proven that your existing customers spend about 66% more than new customers. 
1. Loyalty game - gamify the rewards by getting your customers to take a small effortless action to get predictable reward. They should have at least 25% probability of winning the reward.

2. Exclusive partner offers - by understanding your users, you can offers rewards in complementary brands / products. 
Eg. A fancy fashion store offering beauty related rewards for their female customers.

3. Point-based: customers earn a certain number of points everytime they make a purchase. And after accumulating 100 or 1,000 points, they are eligible for discounts or freebies. 
4. Tier based: this is especially useful in getting your customers from low spend tier to high spending customers. To increase your average sale per customer by offering more discounts for larger purchase. 
You can use these loyalty programs both online and offline. 
In US, about 8% of the site visitors are repeat customers, but they make up for a massive 40% of the revenues in online shopping!

#Growthmeets #growthmarketing #loyaltyprogram #growthhacking #growthhacker #digitalmarketing #growthhacku #referralprogram #growthmeets - Loyalty Programs used by Fortune 500 companies. It costs 6-7 times more to attract a new customer vs selling it to an existing customer. It is also proven that your existing customers spend about 66% more than new customers. 1. Loyalty game - gamify the rewards by getting your customers to take a small effortless action to get predictable reward. They should have at least 25% probability of winning the reward. 2. Exclusive partner offers - by understanding your users, you can offers rewards in complementary brands / products. Eg. A fancy fashion store offering beauty related rewards for their female customers. 3. Point-based: customers earn a certain number of points everytime they make a purchase. And after accumulating 100 or 1,000 points, they are eligible for discounts or freebies. 4. Tier based: this is especially useful in getting your customers from low spend tier to high spending customers. To increase your average sale per customer by offering more discounts for larger purchase. You can use these loyalty programs both online and offline. In US, about 8% of the site visitors are repeat customers, but they make up for a massive 40% of the revenues in online shopping! #growthmeets #growthmarketing #loyaltyprogram #growthhacking #growthhacker #digitalmarketing #growthhacku #referralprogram
  • #growthmeets - Loyalty Programs used by Fortune 500 companies. It costs 6-7 times more to attract a new customer vs selling it to an existing customer. It is also proven that your existing customers spend about 66% more than new customers. 1. Loyalty game - gamify the rewards by getting your customers to take a small effortless action to get predictable reward. They should have at least 25% probability of winning the reward. 2. Exclusive partner offers - by understanding your users, you can offers rewards in complementary brands / products. Eg. A fancy fashion store offering beauty related rewards for their female customers. 3. Point-based: customers earn a certain number of points everytime they make a purchase. And after accumulating 100 or 1,000 points, they are eligible for discounts or freebies. 4. Tier based: this is especially useful in getting your customers from low spend tier to high spending customers. To increase your average sale per customer by offering more discounts for larger purchase. You can use these loyalty programs both online and offline. In US, about 8% of the site visitors are repeat customers, but they make up for a massive 40% of the revenues in online shopping! #growthmeets #growthmarketing #loyaltyprogram #growthhacking #growthhacker #digitalmarketing #growthhacku #referralprogram
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  • tipswithdav - David Pinto I TipsWithDav @tipswithdav 2 hours ago
  • Comment "#LiveIt"👇✔🔥🎉 TAG A FRIEND FIRST 👇
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"A part of the daily flow is realistic expectations of what I have to take further!😎🤗🔥🏆"_TipsWithDav.
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Are you lost trying to start an online business? Tap the link in my profile to personally get access to my methods, strategy and journey how📲💹💰 #TipsWithDav.
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Follow 👉 @tipswithdav for more daily quotes, motivation and free business content. 📚💥 Comment "#liveit"👇✔🔥🎉 TAG A FRIEND FIRST 👇 . "A part of the daily flow is realistic expectations of what I have to take further!😎🤗🔥🏆"_TipsWithDav. . Are you lost trying to start an online business? Tap the link in my profile to personally get access to my methods, strategy and journey how📲💹💰 #tipswithdav. . Follow 👉 @tipswithdav for more daily quotes, motivation and free business content. 📚💥
  • Comment "#liveit"👇✔🔥🎉 TAG A FRIEND FIRST 👇 . "A part of the daily flow is realistic expectations of what I have to take further!😎🤗🔥🏆"_TipsWithDav. . Are you lost trying to start an online business? Tap the link in my profile to personally get access to my methods, strategy and journey how📲💹💰 #tipswithdav. . Follow 👉 @tipswithdav for more daily quotes, motivation and free business content. 📚💥
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