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Did you know that it costs 5-25x more to acquire a new customer than to get an existing one to buy again? This is why loyalty programs are a game-changer for e-commerce stores. I’m Daniel Budai, your retention marketing friend. In today’s video, I will share with you the secret to building a solid strategy for loyalty programs backed with data, research, and real-life examples. I’ll also share with you a comparative analysis of the tools my team and I have personally used to run loyalty programs for our clients to help you pick the right one for your business. Loyalty programs are a great way to incentivize your customers and increase customer retention. Not only do they incentivize your customers to shop more, but they also help drive higher engagement by rewarding active consumer behavior. You can leverage your loyalty program to collect UGC and referrals. Speaking of retention marketing, I’m happy to share with you that my 3-hour crash course on email marketing is available with a special offer on Skillshare. Check it out to learn everything you need to know to get up and running with Klaviyo Email Marketing. • Full Klaviyo Ecommerce Email Marketin... If you found this video helpful, please make sure to like it and subscribe to my channel. Drop a comment below if you have any further questions about how loyalty programs work. Click the link below to learn more about my e-commerce retention marketing agency, Budai Media. https://www.thebudaimedia.com/ Reserve a FREE consultation call with our strategy expert Ben if your store makes at least 50,000 USD per month by clicking the link below: https://calendly.com/budaimedia/strat... #Loyaltyprogrammes #loyaltylion #stamped #customerloyalty #retentionmarketing #ecommercetutorials #budaimediamarketing