Abstract
Loyalty cards and loyalty programs are part of the everyday life of almost
any consumer. These cards are for retailers and other companies a mean for retaining
their customers. Customers are rewarded for their loyalty and are thus expected to
stay with the company. However, the true meaning of "loyalty" and the way it can be
measured are still open issues. In addition, many scholars question the effectiveness
of loyalty cards and programs. In a highly competitive world, where margins are constantly under pressure, the economic benefit for the company of such programs
remains topical. This article provides a discussion about these issues based upon a
state-of-the-art of the most recent scientific studies on the topic.
Original language | French |
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Pages (from-to) | 35-41 |
Number of pages | 7 |
Journal | Reflets et perspectives de la vie économique |
Volume | XLVII |
Issue number | 2 |
Publication status | Published - 2008 |