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WebAug 20, 2024 · Customer incentive programs that reward various groups (or tiers) of consumers differently are known as tiered loyalty programs. It typically takes the shape of a hierarchy, with each tier providing progressively more advantages (or more valuable benefits). The exclusivity that results from such a hierarchy gives customers a sense of … WebMay 7, 2024 · You want the cost of acquiring them (i.e., their reward) to be lower than the total revenue they’ll make. 4. Choose a referral marketing tool. The next stage is to choose a referral marketing platform that handles referral invitations, generates unique codes or links, and tracks the activity made through them. aline amerand
How To Create A Tiered Loyalty Program - Forbes
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