EPISODE · Jan 30, 2023 · 34 MIN
TEA 56: How We're Using Loyalty Programs To Grow Customer LTV
from The Ecommerce Alley · host Josh Coffy
We’ve seen that customers who are part of loyalty programs buy 2X more often than non-loyalty customers, have a 19% higher AOV, spend 220% more per 90 days, and have a 62% repeat customer rate. And if you’re not developing yours, you’re leaving stacks of cash on the table.In this episode, I cover:- Why Loyalty Programs / How They Work- How Our Customers Are Spending 2.5X More As Loyalty Members- 4 Massive Reasons You Should Consider One- Our 5-Step Stimple StrategyTools Mentioned:- yotpo.com- stamped.io- smile.io-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-► Visit Our Website For Training and Resources► Leave Us An Honest Rating, Email An Image Of Your Rating To [email protected], We'll Send You A $10 Amazon Gift Card As An Appreciation Gift!► Learn About Our Mentorship Program For Ecom Brands Making Over $10k/month► Checkout Our Software, Breezeway - Never Second-Guess Your Meta Ads Again► Follow Josh on social media: YouTube | Instagram | Facebook | TikTok |
What this episode covers
We’ve seen that customers who are part of loyalty programs buy 2X more often than non-loyalty customers, have a 19% higher AOV, spend 220% more per 90 days, and have a 62% repeat customer rate. And if you’re not developing yours, you’re leaving stacks of cash on the table. In this episode, I cover: - Why Loyalty Programs / How They Work - How Our Customers Are Spending 2.5X More As Loyalty Members - 4 Massive Reasons You Should Consider One - Our 5-Step Stimple Strategy Tools Mentione...
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TEA 56: How We're Using Loyalty Programs To Grow Customer LTV
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