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Improving small business loyalty programs

Posted: 8/31/2012
By: Lindsey Graham
Companies across the country have mastered the art of business loyalty programs, providing incentives and prizes for consumers who continue using the company's services. Considering most companies that have great loyalty programs are large corporations, small businesses have to do what they can to keep up.

According to a 2011 study conducted by Colloquy, most users of loyalty memberships are active in less than half of the loyalty program they're enrolled in, even though the number of loyalty programs offered in the United States has more than doubled since 2000.

StreetFightMag.com offered several ways a small business could increase the use of its loyalty program, ultimately increasing its small business promotions also. Keeping the loyalty program simple is the most important key to getting consumers to return to a company. Customers are less likely to sign up for a loyalty program if they are unaware of how it works. Businesses are more effective when they use straightforward platforms that require the least amount of explaining.

Asking cashiers to promote the service can also improve business' customer loyalty programs. Once customers are checking out, hearing about a special offer that could improve their shopping experience could get them to sign up and tell their friends about the offer.

Sticking to a loyalty program that works is also encouraged. Companies often continue changing different aspects of their small business loyalty program, which can confuse consumers.

More businesses are also beginning to use customer loyalty cards in order to retain business. Considering more consumers are using mobile devices than ever before, providing services through iPhones and BlackBerries can be a useful resource to reach a target audience.
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