Let’s see how the above conditions work!!

• Let’s assume that you have a merchant that the average product price (or average order amount) is 25€

• Let’s also assume that the average number of purchases per customer is 1 per month.

• That means that a customer will be able to go for a redemption in the 3^rd purchase in the 3^rd month.

  Specifically, the 1^st purchase will be 25€ + the 2nd purchase 25€ = 50€ which is 50 points balance.

• So the 3^rd time, customer can purchase and redeem 40 points to get 5 euro discount and pay 20€ instead of 25€ (which actually is 20% discount). At this example we just want to show that Customer:

  1. is eligible to redeem very soon and not after 6 months or even worse more.
  2. Customer will easily calculate that got 20% discount and that is a major key value for a successful loyalty program.

At last, most likely customer will not redeem at the first condition and will go for the next level which is more attractive.

Picture this: all around the globe, the most powerful loyalty programs are the ones where customers can’t wait to redeem their rewards – and they do it often. We get it, it might seem like a challenge, especially when balancing profit margins. But guess what? Every merchant has the magic ingredients to craft a captivating and attractive loyalty experience.

Here’s the secret sauce: don’t be shy to embrace these principles and sprinkle in generosity. Remember, your profits bloom from loyal customers! No matter what kind of business you run, it’s those loyal 20% of customers that drive a whopping 80% of your profits!

So, why wait? Dive into the realm of loyalty that sparks excitement, rewards, and a loyal tribe of customers who just can’t get enough. Because at the end of the day, the heart of your success beats to the rhythm of your customers’ happiness