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Great article, but if there is one single point I would highlight it is that while freebies and discounts are effective loyalty program incentives, they are also costly.Retailers can often achieve the same loyalty program success with status and recognition rewards.Fermented soy foods include soy sauce, fermented bean paste, natto and tempeh. The first photosynthetic structures, the cotyledons, develop from the hypocotyl, the first plant structure to emerge from the soil.The main countries growing soybeans are the United States (32% of world total, 2016 forecast), Brazil (31%) and Argentina (18%). These cotyledons both act as leaves and as a source of nutrients for the immature plant, providing the seedling nutrition for its first 7 to 10 days.I think we struggle on finding the differentiation you suggest in #2 of your framework.
Loyalty programs are more about gaining customer insights than offering discounts or granting rewards.
is a species of legume native to East Asia, widely grown for its edible bean which has numerous uses.
Fat-free (defatted) soybean meal is a significant and cheap source of protein for animal feeds and many packaged meals.
Personally, as a veteran I don't appreciate a credit card company suggesting that their product was earned due to my military service, but I guess that's just me. Loyalty programs cannot buy customer loyalty, but they can acquire customer information that leads to smart business decisions and more loyal customers.
I’d caution you not to put loyalty software feature sets in front of loyalty objectives and proposed business processes.