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Different Game, Different Rules
Retailers are used to measuring everything, so when they decide to launch a loyalty program, they want to see return on investment on the program immediately. Loyalty programs don't play by those rules: costs are up front and benefits appear in the future. Worse yet, staffs are generally lean and they're not typically trained on measurement in the first place. Even with a full staff trained in measuring different types of programs, traditional ROI on loyalty is difficult to capture and communicate for several reasons:
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Dennis Goodman
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