REWARDS & RECOGNITION
The number one reason most Americans leave their jobs is that they don’t feel appreciated. In fact, 65% of people surveyed said they received no recognition for their good work last year. Employee and customer recognition programs are a quality strategy to implement to keep retention rates for your business up and running.
Your customers can also become dissatisfied when they spend money for your product or service and do not receive so much as a thank you. Part of maintaining a relationship with your customers is after the purchase is finished. Retain those customers by offering rewards such as coupons, prepaid cards, or even sweepstake entries. Recognize customers with different levels. For example, look at Starbuck’s reward system. Starbuck’s uses prepaid card promotions with different levels such as gold, green, and a basic welcome level. This reward and recognition work to retain customers and gives them a certain status with a different level card.
Let All Digital Rewards find the right loyalty program for you to recognize and reward your clients or employees.