Which of the following statements is True of a tiered reward structure?
A) It provides an incentive for customers to consolidate their purchases with one retailer to reach the higher tiers.
B) It helps retailers determine which products customer purchases during a single shopping trip.
C) It uses software to discover new insights into the buying patterns of customers using large databases.
D) Customers belonging to the same tier form a retail brand community.
E) A tiered reward structure charges customers who use services.

Question

Quizplus · Accepted Answer

Many frequent-shopper programs contain cascading tier levels, such as silver, gold, and platinum. The higher the tier, the better the rewards.

Which of the Following Statements Is True of a Tiered