What are the most successful ones and why? (Starbucks, Ulta, Hotels.com, etc)
What companies have tried and failed? Lessons?
Any lessons on free vs paid programs?
All materials/ideas welcome!
- friction caused by paid for programs vs value of "commitment bias"
- increase/decrease in LTVs from cost of discounting to best customers vs improving frequency and/or lower cost of maintenance marketing
Difference in outcomes for loyalty programs in high frequency / low AOV relationships vs low frequency / high AOV?