Many businesses rely on discounts to drive sales, especially in competitive markets. While this can increase short-term conversions, it often reduces profit margins and makes it harder to maintain consistent pricing. Over time, frequent discounting can also change customer behavior. Buyers begin to wait for price drops instead of purchasing at full value, which limits […]
Turning Holiday Shoppers into Year-Round Customers This post proposes a strategic approach to counter the post-holiday dip: the implementation of “13th Month” bounce-back rewards. By leveraging the spirit of giving and the lingering goodwill from the holidays, businesses can transform what is typically a slow period into an opportunity for sustained growth and deeper customer […]
Elevate Customer Engagement, Drive Traffic, Cultivate Enduring Brand Loyalty This guide will meticulously illustrate how a strategic approach to incentive design can transform the peak shopping season from a mere transactional period into a powerful avenue for fostering deeper customer connections, narrating compelling brand stories, and ultimately cultivating sustained, long-term customer growth. We will explore […]
Stanley Takes The Throne Every few years, a reusable water bottle takes society by storm. We have seen the rise of brands like Yeti and Hydro Flask, but this year, a new cup claimed the throne: the Stanley Cup. This year we saw the tumbler explode in popularity, with annual sales jumping from $73 million […]
Proven “Sure Fire” Ways to Drive In-Store Traffic During A “Winter” Economy In today’s challenging “Winter” economy, driving traffic and boosting conversion rates have become more difficult than ever. The pool of potential buyers is smaller, so retailers must get creative to break through the competitive noise. Moreover, the retail landscape has been transformed by […]
Joseph, our Director of Fun has defied a number of laws of science, but he’s still working on being in two places at once… that’s why we’ve added ANOTHER Joseph to the team! Introducing the second most interesting Joseph in the world – Joseph Trujillo, Director of Fun. Welcome to the team! We want your […]
You read that right, here at Elite Rewards we have a Director of Fun, and his name is Joe Reimels. While it may be a crazy title, Joe serves a very serious purpose: strengthening your sales team. Why you need Elite Rewards is obvious, but HOW is essential. Here at Elite Rewards, we assist teams […]
Top 100 retailer Levin Furniture & Mattress teamed with mattress maker Purple to send one lucky customer’s family to Hawaii. From Nov. 7 through the end of December 2022, the Pittsburgh-based retailer offered guests in all its Ohio and Pennsylvania stores the opportunity to qualify for the trip, valued at $6,500. All they needed to do to qualify was […]
The holidays will be here before you know it and we’ve got you covered with a gift with purchase guide made just for the holidays! No matter the budget, we’ve got something for everyone. We have something for everybody! Loves to travel? Consider a Gas reward card. Needs some time in the great outdoors? How […]
Raise Your Average Ticket & Lift Sales! How? By incentivizing customers with a reward with purchase. The more they spend, the more they get – It’s that simple! Furniture & Mattress retailers have discovered that by offering desirable higher valued gifts within a tiered pricing format increases their average ticket. We have various options available […]
