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Rewards Overview
Chiayee avatar
Written by Chiayee
Updated this week

Rewards Overview

Rewards are incentives or benefits offered to customers in exchange for their loyalty, engagement, or specific actions that help your business. Within your loyalty program, rewards encourage repeat business and strengthen customer relationships, ultimately driving long-term value.

Creative illustration of cashback concept with phone app

Core Components

  • Reward Types

    • Point-based rewards

    • Discounted vouchers

    • Free items

    • Customized seasonal promotions

  • Reward Mechanisms

    • Redemption options

    • Tiered reward structures

    • Time-limited offers

    • Action-based triggers

Key Benefits

  • Increased Customer Engagement - Encourage store visits by offering valuable rewards that resonate with your customers

  • Higher Customer Spending - Drive sales as customers tend to spend more when they know rewards are available

  • Repeated Visits - Build customer loyalty with rewards that motivate customers to return regularly

Use Cases

  • Welcome Rewards introduce new customers to your loyalty program with bonus points or special discounts on their first purchase, creating an immediate positive impression and encouraging enrolment.

  • Birthday Rewards make customers feel valued by recognizing their special day with personalized rewards, strengthening emotional connections and demonstrating that you value them beyond their transactions.

  • Campaign-based Rewards drive engagement during specific periods with seasonal promotions like double points during festivals or business anniversaries, creating urgency and excitement around particular events or milestones.

  • Limited time rewards create a sense of urgency and exclusivity with limited-time offers that customers can only redeem during specific time windows, encouraging immediate action and driving traffic during targeted periods.

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