#308: Rewards - Monetary or Non-Monetary? Insights from the Loyalty Science Lab
Episode description
There are fundamental differences between monetary and non-monetary rewards that loyalty industry professionals really need to understand. And that's exactly what this episode of Let's Talk Loyalty explains.
Professor Yuping Liu-Thompkins joins us today to explain the key differences between these two types of rewards, and when you might use one form of reward versus the other in your loyalty program.
Yuping is the Founder and Director of the Loyalty Science Lab, and she is extremely passionate about identifying and researching key topics around customer loyalty to help support and guide our industry in creating compelling and effective programs.
I really hope you enjoy today’s conversation with Dr Yuping Liu-Thompkins, discussing the key differences between monetary and non-monetary rewards.
Show Notes:
1) Professor Yuping Liu-Thompkins
2) Loyalty Science Lab - LinkedIn page
3) Loyalty Science Lab Medium website