A daVinci Payments study has revealed that 97% of American adults now participate in loyalty programs and expect significant rewards from the brands they buy.
During a time when marketers in many industries are unable to engage customers using tactics relied on before the outbreak of COVID-19, maintaining brand loyalty is crucial to hold on to a core customer base.
The daVinci Loyalty Study which reveals consumers’ favourite loyalty programs by brand also identifies best loyalty programs by industry, the industries with the highest loyalty program participation and regional brands that outperform national brands in spite of their limited reach.
In total, 161 brands were identified as having a consumer favourite loyalty program. But many regional, smaller brands punched above their weight in recognition, in large part because they simply offer the kind of loyalty programs their customers cannot find from other large national brands.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now