Blog

 

Get the latest news and information. Scroll down to learn more.


 

Category: Loyalty Programs

How Loyalty Programs Surpass Discounts

By GLS Group
March 27, 2019 Category: Customer Engagement, Loyalty Programs

How Loyalty Programs Surpass Discounts At GLS Group, we specialize in helping employers and companies engage with their customers in order to retain them, attract new customers, and grow sales. A very common way many companies do this is with discounts. While there are many benefits of discounts, there are also multiple drawbacks. Why Companies Use Discounts Discounts seem to be a quick and easy fix that companies can use to attract a crowd. They are often used to entice new clients, for engagement, retention, to win back an old client, or to increase sales. However, there are a lot of pitfalls in using discounts. Why Discounts Hurt More Than They Help After so many discounts or coupons from the same company, the customers begin to expect them rather than think of them as a special treat. After a while, how often will these customers go shopping at this store without the coupon? Especially when they know that if they hold out a few days, there will be a new coupon in the mail. Moreover,

Categories
Employee Recognition (5)
Employee Engagement (4)
Branding (3)
Company Culture (2)
Productivity (2)
Brand Recognition (2)
Profitability (2)
Customer Engagement (2)
(1)
Loyalty Programs (1)
Brand Voice (1)
+ Show More
Loading Form...
Loading Form...
©
All Rights Reserved GLS Group, Inc.
Powered by Virteom Logo Virteom