The formula for success for any business is to get your customers to make repeat purchases. There are a number of factors involved for getting repeat customers: pricing, quality of products and services, excellent customer service etc. One of
best ways is to reward your customers for their repeat purchases. Here are three effective customer reward programs you could implement:
Number Of Purchases
This program is based on number of purchases made by any customer. You could give away a f.ree product or service to any customer that makes ten or more purchases. To make program more effective you could require a set time period that all ten purchases must be made by.
Dollar Amount
You can require a certain dollar amount be spent before customer receives a reward. Tell customers if they spend over $50 in one month at your web site they get a 50% discount on their next purchase. You could also just reward one customer who spends most every month with a bigger reward like a v.acation.
Points System
Reward customers a point for every one-dollar they spend. Lets say customers can get a f.ree computer for 300 points. That means customers will spend $300 dollars on your products and services to get enough points to get f.ree computer. To push slower selling products or services just o.ffer more points per dollar spent for those particular items.
