Online purchases boomed in 2020, with many companies focusing on redefining customer behavior for enhanced digital experiences. Shopping became indispensable with e-commerce stores, and many traditional retailers soon doubled their efforts on online experiences. However, in the annual forecast conducted by the National Retail Foundation, it was found that retail sales increased between 6% and…

Customer rewards are witnessing a revolutionary upheaval. Sephora, Wayfair, and Jollibee, big brands, totally revamped their rewards programs in 2024 around experiential rewards, artificial intelligence-driven personalization, and effortless payment tie-ups. Yet 2025 is going to take these leaps forward.  As consumers’ expectations change, retailers need to redefine the way they interact and thank their customers.…

We live in a highly competitive business world where companies struggle to gain customer loyalty and encourage repeat business. Making use of a basic loyalty program is not enough to make your customers feel valued. Some of the main factors that lead to the failure of such programs are outdated systems, ineffective rewards, and a…

When a travel agent reserves the same hotel group for their customers, time and again. Not because it’s the most economical. Not because it’s the only one. But because they’re rewarded for doing so.   Let’s say a customer repeatedly books with one airline, even if another will offer a lower fare. Why? Because they understand…

Customer loyalty has become hard to earn. Those points-based rewards programs that once kept people motivated are no longer in use. Why? Immediate access, convenience, and personalized interactions are anticipated by consumers and channel partners in 2025. Most traditional programs are not effective as they demand excessive effort from customers, such as carrying a physical…

Bank loyalty extends beyond customer retention—it’s about increasing engagement, trust, and lifetime value. Now, with AI-powered loyalty software transforming the customer experience, banks are placing bets on more intelligent, hyper-personalized loyalty programs. But which banks are leading the way in this area, and what can be learned from them?   Get Started Let’s take a closer…

A loyalty program is no longer a choice but an essential aspect for businesses to build stronger customer relationships & retain them in the long run. However, choosing the right type of loyalty program is difficult as it can make or break your business. One of the most common program types is a tier system…

Loyalty programs were intended to be rewards for customers, but over time, they’ve evolved into something much more significant—a huge reservoir of financial and personal information that hackers can’t wait to access. Why? Most loyalty accounts aren’t as secure as bank accounts, but they contain valuable assets—reward points, cached credit card information, and personal information…

As a business owner, you must know the significance of retaining customers in the long run and how it is crucial for business success. Research conducted by Semrush shows that there is a 60% to 70% chance of selling to an existing customer, while only a 5% to 20% chance of closing sales for new…

Loyalties aren’t just for sale anymore. With the advent of more streamlined policies and transactions, the insurance industry is now using loyalty programs to establish long-lasting relationships with customers. Due to rising competition and increasing consumer demands, insurers realize that keeping policyholders is just as crucial as acquiring new ones.   Get Started AI-powered loyalty…