Loyalty programs are sales promotions designed to retain current customers and encourage multiple purchases over time with the promise of a reward or incentive.

Name: Loyalty programs are sales promotions designed to retain current customers and encourage multiple purchases over time with the promise of a reward or incentive.
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

Loyalty programs are specifically designed to reward and retain current customers, hence encouraging them to make multiple purchases over time.

Loyalty Programs Are Sales Promotions Designed to Retain Current Customers