In this video, I will be sharing the benefits of a loyalty program for your business and if it is worth implementing this program for your business. We will be looking at a real life case study of a loyalty program and normal sign ups.
We will look at the total and predicted CLV of members and non members, also past orders and predicted orders.
If you want to see all numbers and tables, read the article here.
To find out if a new program works, the best way is by trial and error to make sure it matches your business and works, you could see lots of bad stories or good stories but it is best to try it out for your business genre or niche.
It is important to make the most out of each customer, how much they spend and if they keep returning, upselling is key for profit.