PYMNTS-MonitorEdge-May-2024

loyalty

Loyalty programs are structured marketing strategies designed by merchants to encourage customers to continue to shop at or use the services of businesses associated with each program.

Gen Z Looks for Special Offers When Choosing a Restaurant
Gen Z Looks for Special Offers When Choosing a Restaurant
June 21, 2023  |  Restaurant innovation

Restaurants looking to win the spending of young customers now, securing loyalty for years or even decades to come, may find that they can woo...

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Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
June 15, 2023  |  Retail

J.Crew once had a chokehold on a cohort of consumers who seemingly loved the preppy vibe along with brands like Abercrombie & Fitch and Hollister...

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Amazon in Talks with Wireless Carriers to Offer Low-Cost Mobile Phone Service to Prime Members
Amazon in Talks with Wireless Carriers to Offer Low-Cost Mobile Phone Service to Prime Members
June 02, 2023  |  Amazon

Amazon, the world’s largest online retailer, is reportedly in talks with several wireless carriers to offer its Prime subscribers low-cost or even free nationwide mobile...

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PYMNTS Summer Loyalty Series: 95% of Ulta Beauty Sales Driven by Loyalty Members
PYMNTS Summer Loyalty Series: 95% of Ulta Beauty Sales Driven by Loyalty Members
June 02, 2023  |  Loyalty & Rewards

Loyalty is a beautiful thing for consumers and retailers, and loyalty in the beauty space is doubly so, in that choice of retailers and products...

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Restaurants’ Declining Service Threatens Diner Loyalty
Restaurants’ Declining Service Threatens Diner Loyalty
May 31, 2023  |  Restaurant innovation

As restaurant prices rapidly rise, consumers are noting restaurants reducing costs by compromising on service — decisions that could come at the expense of diner...

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Brands Tap New Data Sources to Target Second-Time Buyers
Brands Tap New Data Sources to Target Second-Time Buyers
May 31, 2023  |  Loyalty & Rewards

Regardless of income level, we’re all wary of what things cost and where the best deal can be had, online or in-store.   It’s not too...

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Prizeout Adds Rewards to Tandem’s Expense-Sharing App
Prizeout Adds Rewards to Tandem’s Expense-Sharing App
May 03, 2023  |  Loyalty & Rewards

Prizeout and Tandem have partnered to boost the purchasing power of couples who split expenses. With this new collaboration, couples who use the expense-sharing app...

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Time-Saving Incentives Will Help Restaurants Reach Gen Z, Millennials
Time-Saving Incentives Will Help Restaurants Reach Gen Z, Millennials
May 02, 2023  |  Restaurant innovation

Time is money. And, as noted in the PYMNTS collaboration with LendingClub, “New Reality Check: The Paycheck-to-Paycheck Report,” consumers representing the youngest two adult generations...

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How Experience-Driven Credit Card Rewards Can Win Gen Z, Millennial Loyalty
How Experience-Driven Credit Card Rewards Can Win Gen Z, Millennial Loyalty
May 01, 2023  |  Loyalty & Rewards

Brits love rewards and place loyalty programs among the top factors considered when choosing where to shop, PYMNTS research has shown. And it’s no different...

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