The True Value Of Customer Loyalty Programs

Written by

Darren DeMatas

Updated

[show_reviewed_by_link]

Written by

Darren DeMatas

Updated

Reviewed By Our team of writers and content creators are experts in ecommerce and we fact-check every claim in our work to ensure it’s accurate and up-to-date. (Learn about our editorial guidelines.).

Maximizing your customer lifetime value is what will make your business profitable for years, not weeks. As you’ll see in the infographic, increasing customer retention rates by as little as 5% can increase your profits up to 95%!

Customer loyalty programs work, but most businesses get it wrong. Check out our The Beginner’s Guide To Customer Loyalty Programs to learn how to get it right.

The True Value Of Customer Loyalty

Tweetable Customer Loyalty Stats

Sources

https://www.colloquy.com/latest-news/2015-colloquy-loyalty-census/

https://blog.bondbrandloyalty.com/2015-loyalty-report-top-5

https://www.helpscout.net/75-customer-service-facts-quotes-statistics/

https://www.bizjournals.com/bizjournals/how-to/marketing/2015/02/9-stats-that-prove-the-value-of-loyalty-programs.html?page=all

https://hbr.org/2000/07/e-loyalty-your-secret-weapon-on-the-web

https://www.retentionscience.com/customer-retention-should-outweigh-customer-acquisition

https://blog.hubspot.com/blog/tabid/6307/bid/31990/7-Customer-Loyalty-Programs-That-Actually-Add-Value.aspx

https://www.capgemini-consulting.com/reinventing-loyalty-programs

https://marketingland.com/marketers-youre-thinking-loyalty-programs-wrong-consumer-disconnects-study-103279

https://www.aspect.com/uk/company/news-and-events/press-releases/customer-serve-thy-self-new-study-reveals-millennials-desire-for-self-service-digital-interaction-to-change-customer-service-forever

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The True Value Of Customer Loyalty Programs by https://www.ecommerceceo.com/true-value-of-customer-loyalty-programs/ is licensed under a Creative Commons Attribution 4.0 International License.

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