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

Name: Loyalty programs are sales promotions designed to retain current customers and encourage multiple purchases over time with the promise of a reward or premium.
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Loyalty programs are designed with the goal of retaining current customers and incentivizing repeat purchases through rewards or premiums.

Loyalty Programs Are Sales Promotions Designed to Retain Current Customers