Will customer loyalty rewards increase the AOV of my Shopify store?
Asked 2 years ago
My business partner and I want to increase the AOV of our Shopify store. We want more customers to spend more money on products so that our profits and revenue will increase. We have been talking about different methods to increase our AOV and have been thinking about offering customer loyalty rewards.
Jaxon Horton
Wednesday, August 10, 2022
Absolutely! In both the retail and service industries, customer loyalty programs increase profit margins and improve profitability. Many companies with rewards programs see a significant boost in revenue, while those without see a decrease.
So, rather than spending money to try to find and close new clients, you can create a loyalty program to sell to current ones.
Simple ideas you could implement today are:
- Offer 10% off every purchase
- Give out free samples and discounts
- Reward members with points for purchases
This helps build brand awareness and encourage repeat visits, as well as encouraging people to spend more money.
Good luck!
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