Loyalty Programs: Why Are They Important?

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Loyalty programs are strategies used by companies to maintain and increase their customer base by offering promotions and rewards. Customizing these programs is key to increasing customer engagement and generating higher revenue. Loyalty programs aim to retain customers, get to know them better and obtain greater benefits, offering competitive advantages, reducing loyalty costs, generating recommendations and allowing more effective campaigns. There are different types of loyalty programs, such as points, multi-brand, and tiered rewards.

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