Question: For the Basic Loyalty Programs category, here are the descriptions and examples: 1 . Simple Points: Description: Customers earn points for each purchase, which can

For the Basic Loyalty Programs category, here are the descriptions and examples:
1. Simple Points:
Description: Customers earn points for each purchase, which can be redeemed for rewards or discounts.
Examples:
- Starbucks: Starbucks Rewards program allows customers to earn stars for purchases, which can be redeemed for free drinks or food items. write an essay and include more expamples of th
- Target: Target Circle program rewards customers with 1% earnings on every purchase, which can be redeemed for discounts on future purchases.
2. Tier System:
Description: Customers earn rewards or benefits based on their membership tier, with higher tiers offering better rewards for increased spending or loyalty.
Examples:
- Sephora: Sephora's Beauty Insider program offers different tiers (Insider, VIB, Rouge) based on annual spending, with higher tiers offering exclusive benefits such as early access to products and special events.
- Marriott Bonvoy: Marriott Bonvoy program offers different elite tiers (Silver, Gold, Platinum, Titanium, Ambassador) based on nights stayed or points earned, with higher tiers offering perks such as room upgrades and late checkout.
3. Upfront Free:
Description: Customers pay an upfront fee or subscription to access exclusive benefits or discounts.
Examples:
- Amazon : Prime subscription offers members free two-day shipping, access to streaming services, and exclusive deals.
- Costco Executive Membership: Costco's Executive Membership offers members additional benefits such as higher rewards on purchases and discounts on select services for an annual fee.
For each example, you can create a slide with a brief description of the loyalty program, along with images or logos of the brands to illustrate. This will provide a clear understanding of how each loyalty program works and how it is implemented by different brands. write an essay and provide more detailed information on these examples and explanation

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