TEA 56: How We're Using Loyalty Programs To Grow Customer LTV - podcast episode cover

TEA 56: How We're Using Loyalty Programs To Grow Customer LTV

Jan 30, 202335 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

We’ve seen that customers who are part of loyalty programs buy 2X more often than non-loyalty customers, have a 19% higher AOV,  spend 220% more per 90 days, and have a 62% repeat customer rate. And if you’re not developing yours, you’re leaving stacks of cash on the table.

In this episode, I cover:
- Why Loyalty Programs / How They Work
- How Our Customers Are Spending 2.5X More As Loyalty Members
- 4 Massive Reasons You Should Consider One
- Our 5-Step Stimple Strategy

Tools Mentioned:
- yotpo.com
- stamped.io
- smile.io


-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
Visit Our Website For Training and Resources

► Leave Us An Honest Rating, Email An Image Of Your Rating To team@theecommercealley.com, We'll Send You A $10 Amazon Gift Card As An Appreciation Gift!

Learn About Our Mentorship Program For Ecom Brands Making Over $10k/month

Follow Josh on social media:
YouTube | Instagram | Facebook | TikTok |

For the best experience, listen in Metacast app for iOS or Android