Loyalty Reward System

GPTKB entity

Statements (40)
Predicate Object
gptkbp:instanceOf gptkb:loyalty_program
gptkbp:benefit Brand loyalty
Customer data collection
Improved customer engagement
Increased sales
gptkbp:example gptkb:Starbucks_Rewards
gptkb:Amazon_Prime_Rewards
gptkb:Sephora_Beauty_Insider
Airline frequent flyer programs
gptkbp:feature Exclusive rewards
Mobile app integration
Birthday rewards
Digital wallet support
Gamification elements
Personalized offers
Points accumulation
Referral bonuses
Tiered membership
https://www.w3.org/2000/01/rdf-schema#label Loyalty Reward System
gptkbp:purpose Encourage repeat purchases
Increase customer retention
gptkbp:relatedConcept gptkb:Marketing_Automation
Customer Experience
Customer Relationship Management
Brand Advocacy
gptkbp:riskFactor gptkb:fraud
High operational cost
Data privacy concerns
Low engagement
gptkbp:type Points-based system
Cashback system
Coalition program
Punch card system
Subscription-based program
Tiered rewards system
gptkbp:usedBy E-commerce companies
Hospitality industry
Retail businesses
gptkbp:bfsParent gptkb:LRS
gptkbp:bfsLayer 6