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- Increase customer LTV with “Buy 10 get 1 free”
Increase customer LTV with “Buy 10 get 1 free”
A simple loyalty reward program “Spend $100, get $5 free” increased customer lifetime value by 29.5%. 80% of the increase is due to fewer customers leaving.
Topics: Promotions | Customer Experience
For: B2C
Research date: March 2021
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