How effective are gift and loyalty cards to a small business?


Question:
Do you think that offering them to my customers would improve my sales? How?

Answer:
They are definitely effective, provided u get it right.

The loyalty period after which he starts reaping benefits shud not be too long away - just the required length to create a habit.
It would help in converting 'trial' customers to 'repeat'. However, u need to create trial thru some other route- linking 'references' to loyalty cards can help.
yes, because your customers will take them with you and that is like a little advertisement...they might give your card to one of their friends, etc...
Extremely effective!! There are only 3 ways to improve your bottom line..
Bring in more customers
Have your customers spend more money
Have your current customers come in more often

Loyalty programs do two of these things - they bring your current customers in more often and if done right, the encourage an increase in spending
To bring in customers consider Direct Marketing
it will surely get customers who are into that kind of thing...

i think little discounts off their next purchase would be more effective.
1) Very Effective.
2) Yes.
3) They cannot spend the gift card anywhere.
More Related Questions & Answers...
  • How do i print business cards with raised letters?
  • Does anyone know if your FICO score is increases as an authorized user on a business card?
  • Trying to find a site that i can print my own business cards on my printer. is there one?
  • How do I print a business card using white fonts on black paper?
  • My business wishes to have credit card autodebit facility for the customers. How to go about it?
  • Now that i have business cards what is the best way to distribute them?
  • If you incorporate, can you put credit cards under your business and bypass your own credit?
  • Is it illegal to put business cards or flyers on cars ?
  • What does it take to get a new business credit card without using personal credit?
  • A local rep for Vericomm Credit Card Systems has offered a job as a "bird dog" to scout new business for their
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic