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For Retail Professionals

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March 8, 2005

Getting The Most Out Of Retail Loyalty Programs

by Carrie Johnson

with Charles P. Wilson, Sharyn Leaver

This is an excerpt

Executive Summary

Consumers are increasingly disloyal, and most current loyalty programs — especially those focused primarily on discounting — won't help. But a loyalty program can be a powerful instrument to reach previously ignored aspects of loyalty, such as a customer's trust or emotional connection with a retailer. A program that benefits both customers and retailers will segment customer behavior to inform marketing, assortment, and store layout decisions.

This is an excerpt

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