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Loyalty Programs in Indian Retail
Essay specific features


Written by:
Esther C
Date added:
April 7, 2017
Level:
University
Grade:
B
No of pages / words:
11 / 2805
Was viewed:
9919 times
Rating of current essay:
Essay content:
Earning points towards a reward of free or discounted product.
Such kind of approach is normally used in applications where there is high transaction frequency and moderate price points .However, such a kind of loyalty program increases functional loyalty rather then emotional loyalty ,for example a frequent flier program...
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Allowing customers to redeem third party currencies such as airline miles for retail purchases.
These kinds of loyalty programs are successful but there are certain issues such as brand fit between two companies and a risk of brand dilution due to coalition partner's inefficiency.
Page 5 of 21
Partnerships between frequent flier programs and retail outlets is a successful example of third party based currency program
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