Exclusive Loyalty Cards: Drawing Consumers in or Pushing Them Away, in Business Review Europe
Carlsbad, CA, March 30, 2012 --(PR.com)-- From coffee shops to clothing stores, supermarkets to airlines, almost every consumer-based company has endorsed loyalty cards. Initially similar in form to credit cards, the plastic or paper cards have now evolved into key fobs (or tags) to enable swift easy use, as well as alleviating some of the pressure from bulging wallets.
Seen as a way of enticing loyalty in the wake of growing high street competition, the concept is beneficial to both company brands and customers, helping to create a sense of belonging between the two. Rewards for shoppers are readily advertised, usually consisting of the accruement of points by spending money either in-store or online and then using those points to pay for future purchases. The benefits for retailers are a little less obvious, providing data to aid in market research such as tracking consumer buying-trends.
As is so often the case, as soon as a product becomes widely accepted and commonplace, there are the inevitable exclusive editions, to give the more affluent prestige and the rest of us something to aspire to. However, this month in Business Review Europe we ask: Are loyalty cards drawing consumers in or are they in fact putting them off?
To read the full article, click here: http://www.businessrevieweurope.eu/
About Business Review Europe
Business Review Europe is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Europe. Business Review Europe is the territory-dedicated arm of the WDM Group. Founded in 2007 by entrepreneur Glen White, WDM Group retains a diversified portfolio of websites, magazines, mobile apps, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Business Review Europe is headquartered in Norwich, UK. For more information, contact 44 (0)1603 217530 or visit http://businessrevieweurope.eu/.
Press Contact
Abigail Phillips
Business Review Europe
Telephone: +44 (0)1603 217539
Email: Abigail.Phillips@wdmgroup.com
Seen as a way of enticing loyalty in the wake of growing high street competition, the concept is beneficial to both company brands and customers, helping to create a sense of belonging between the two. Rewards for shoppers are readily advertised, usually consisting of the accruement of points by spending money either in-store or online and then using those points to pay for future purchases. The benefits for retailers are a little less obvious, providing data to aid in market research such as tracking consumer buying-trends.
As is so often the case, as soon as a product becomes widely accepted and commonplace, there are the inevitable exclusive editions, to give the more affluent prestige and the rest of us something to aspire to. However, this month in Business Review Europe we ask: Are loyalty cards drawing consumers in or are they in fact putting them off?
To read the full article, click here: http://www.businessrevieweurope.eu/
About Business Review Europe
Business Review Europe is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Europe. Business Review Europe is the territory-dedicated arm of the WDM Group. Founded in 2007 by entrepreneur Glen White, WDM Group retains a diversified portfolio of websites, magazines, mobile apps, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Business Review Europe is headquartered in Norwich, UK. For more information, contact 44 (0)1603 217530 or visit http://businessrevieweurope.eu/.
Press Contact
Abigail Phillips
Business Review Europe
Telephone: +44 (0)1603 217539
Email: Abigail.Phillips@wdmgroup.com
Contact
WDM Group
Robert Morris
(760) 827-7800
www.wdmgroup.com
Robert Morris
(760) 827-7800
www.wdmgroup.com
Contact
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