How is This Method Going to Benefit You and Your Business?
How Efficient is this Method?
Helps you retain your existing customers.
You'll be able to sell more to the same customers.
Coupons will help you attract new customers based on a more favorable offer.
Once you have attracted a new customer, usually that customer comes back because you provided him/her with a better value, thus become the obvious choice.
Speed getting first results 84% Speed getting investment back 95% Cost-Effective in the long run 83% Cost-Effective maintenance 79%
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Pros
Cons
Cost-effective method.
Easy to reproduce.
People LOVE discount and gifts! (and also works well with word of mouth)
Reward Cards involve having a computerised system to save the information of each customer's purchases.
Incentives diminishes your profit margin.
3
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Details
Buy X Get Y Free Cards
85 x 50 mm - 400gsm.
Printed full-colour on a quality triple coated gloss.
this has to be the cheapest way to advertise, I have customers come in with other peoples cards just so they can get a punch on their card. I don't care who comes in, as long as they are coming in! (Posted on 10/24/11)
These cards really do work, I have customers that work across the street come in everyday and get a cup of coffee to get a punch on their card. Coffee barely costs me anything, I don't care if I have to give away a free cup every once in a while. (Posted on 10/24/11)
Would you recommend this product to a friend? Definitely yes
I got to design my own punch card that gave people a free pizza after they got 10 pizzas. Some people started coming in every week because they wanted their free pizza that bad. It didn't bother me at all because I already made money off the previous 10! (Posted on 10/24/11)
Loyalty Marketing
In plain English
How is This Method Going to Benefit You and Your Business?
Helps you retain your existing customers.
Pros
Cons
Cost-effective method.
Reward Cards involve having a computerised system to save the information of each customer's purchases.
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