Awards Network offers loyalty reward program solutions to match your expectations and meet your budget requirements. Whether you are looking to offer customer or employee loyalty rewards, our experienced Account Managers work one on one with clients to design a customized reward program developed to maximize retention.

Loyalty rewards can be offered for a varity of reasons including:

• Commemorating years of service milestones for loyal employees and volunteers
  
• Observing years of patronage for loyal customers
  
• Spending a certain amount of dollars spent in a given time period
  
• Reaching a certain number of hours worked or volunteered in a given time period
  
• Attracting return or repeat business
  
• Encouraging contract renewals
  
• Thanking employees and customers for their continued loyalty

Tips for implementing a successful loyalty rewards program:

• Establish a program budget to ensure that loyalty rewards are distributed fairly.
• Develop the goals of the loyalty program by aligning them with organizational objectives.
• Ensure participants are engaged by the loyalty rewards and can achieve the rewards offered within a reasonable time period.
  
• Keep the loyalty rewards program simple. Make sure goals of the rewards program can be easily explained and the process for redeeming loyalty rewards is easy to understand for participants.
  
• Communicate the rewards program from its kickoff, when updates or changes occur and regularly throughout the program to ensure participants are aware of the reward program and its impact.
  
• Record benchmarks at the beginning of the loyalty rewards program and evaluate the reward program progress on at least a quarterly basis.
  

Well designed and properly implemented loyalty reward programs can produce dramatic results. By increasing employee and customer retention, fewer resources can be spent on advertising and hiring costs.

Ready to learn more about how Awards Network can help you plan a loyalty reward program? Contact us today to discuss your loyalty reward program needs.