Question: Which is most true about loyalty programs? A. They are basically offensive in nature; i.e., they attract new customers. B. Over 85% of members are
Which is most true about loyalty programs?
| A. | They are basically offensive in nature; i.e., they attract new customers. | |
| B. | Over 85% of members are active in the loyalty programs they belong to. | |
| C. | They are basically defensive in nature; i.e., they won't attract many new customers but rather prevent current ones from defecting. | |
| D. | Restaurants are the number one sector for loyalty program members. | |
| E. | Most loyalty programs are profitable. |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
