Debunked! 4 Common Myths About Reward Programs in Australia
Do you know 90% of all the companies have some sort of reward program? It means there are still businesses that believe loyalty programs aren’t useful. However, the reality is different. As per research, more than 60% of Millennial and Gen Z do not commit to a brand that doesn’t have a reward scheme. There are countless studies from the past that suggest reward programs in Australia are a great way to retain customers and get new ones. Also, business-centric loyalty programs help strengthen relationships with partners, investors, and potential clients. Still, many businesses are afraid of the cost, launch, and the outcome of a loyalty program. They tend to believe that reward schemes are expensive and do not provide satisfactory results. However, the reality is that these programs play an integral role in growing a business. If your business is also hesitating to try reward programs in Australia, it may be due to a number of myths associated with these scheme...