Sunday, May 17, 2020
Loyalty Card Proposal - 1728 Words
PROPOSAL TO IMPLEMENT A CUSTOMER REWARDS PROGRAM THROUGH EXPRESS MART PLUS CARD Abstract Due to the increase in competition in the Retail Industry, we must impose a new marketing strategy to retain our current customers. Our main strategy is to create a reward program for customers through XM Plus Card Rewards Program. Achieving the above will allow us to retain our current customers by motivating them to frequently buy from Xpress Mart. I. Introduction Modern marketing revolves around the Customer. It is an old and by-now universally accepted concept that the Customer is the King. In recent years, the competition for customers has led many companies in the retail industry to implement a customer rewards program andâ⬠¦show more contentâ⬠¦The expired card should be surrendered at Customer Service for renewal. A processing fee of P100 will be charged. Points earned by cardholders who do not renew within one month from the expiry date will be forfeited. Any XM Plus Card that is dormant for a period of three consecutive years will be cancelled and all accumulated points in the card will be forfeited. 2.1.3 Card Replacements To replace a defective card, surrender the card at any XM Customer Service Counter and complete the application form. Defective cards will be replaced for free. To replace a lost card, present a valid ID at any XM Customer Service Counter and complete the application form. A processing fee of P100.00 will be charged. Replacement of cards damaged due to the cardholders mishandling will also be charged a P100.00 replacement fee. Accumulated Points in lost cards will be transferred to the new card. 2.1.4 Earning and Redeeming of Points XM Plus Card holders are entitled to earn 1 Point for every Php100.00 worth of purchase in any XM Branch nationwide. Purchases less than Php100.00, will still receive corresponding fraction of a point. Card holders will be able to see the number of points in their cards every time they shop using XM Plus Card or by going to any XM Customer Service Counter. The points earned for the current transaction as well as the number of points will be displayed at the bottom of the transaction receipt. The standardShow MoreRelatedLoyalty Card Proposal1742 Words à |à 7 PagesPROPOSAL TO IMPLEMENT A CUSTOMER REWARDS PROGRAM THROUGH EXPRESS MART PLUS CARD Abstract Due to the increase in competition in the Retail Industry, we must impose a new marketing strategy to retain our current customers. Our main strategy is to create a reward program for customers through XM Plus Card Rewards Program. Achieving the above will allow us to retain our current customers by motivating them to frequently buy from Xpress Mart. I. Introduction Modern marketing revolves around theRead MoreInitial Design Of The Con Man Project1232 Words à |à 5 PagesFrench toast Mafia Tutor: Rene Leaveux Table of Contents î ¿ ¿Management Summary Project Goals Initial (Original) Proposal Revised (Your Individual) Proposal State-of-the-art Technologies (in your individual solution) Appendixes Appendix A ââ¬â Diagram / Specification, etc î ¿ ¾ Management Summary Please provide a summary of the information detailed throughout this project proposal. As requested by SITP Ltd, Iââ¬â¢ve been reviewing and updating the specifications of the Con Man Project which wasRead MoreCineplex Entertainment1598 Words à |à 7 Pagesthe one-time fees and rewards)? The reward programs as depicted in exhibit 5 are evaluated as below in terms of retail value they offer to customers of Cineplex entertainment. The obvious intention of the reward program is to enhance customer loyalty by rewarding them for their repeated, frequent patronage. Therefore, we will consider the discount percentage for 10 adult movie purchases and 10 concession combo purchases as our reference than a single purchase. Further, we also need to considerRead MoreCreative Proposals And Innovative Solutions855 Words à |à 4 Pages 3. Creative proposals and innovative solutions Taking into consideration that nowadays grocery store market is extremely highly competitive in all segments and formats (Biedronka,Carrefour, Auchan , Lidlâ⬠¦). One can also observe the evolution of attitudes among consumers who, encouraged by the low prices of basic products, increasingly purchased luxury goods, which only recently appeared regularly on shopping lists. French wines, Greek olives and SpanishRead MoreB2b Ecommerce Best Practices Guide1019 Words à |à 5 PagesB2B eCommerce Best Practices Guide -- Accounts Best Practice for Managing B2B Customers Who Purchase On Account B2B buying decisions are no longer simple matters that the company president or purchasing manager decides based on long-term loyalty, cronyism or the ability to get a good deal. Customers are following a more complex decision-making process that involves using platform-enabled support services and assessing each B2B companyââ¬â¢s credibility, ordering convenience, ability to customize productsRead MoreStarbucks s Customer Service Performance1622 Words à |à 7 Pagesshopper program and then rated as basic or legendary. The other mechanism to collect customer service performance data is through Starbucksââ¬â¢ stored value card (SVC). The SVC is similar to a gift card but it offers rewards. The customer must register the card with Starbucks and then every purchase results in reward points. The more the customer uses the card, the more reward points are earned that can be used for discounts on future purchases. This mechanism allows Starbucks to track loyal customers andRead Mo reCineplex Entertainment: the Loyalty Program1691 Words à |à 7 PagesAs the Cineplex customer surveys of 2006 have indicated, the customers are responding very positively on possible movie rewards program. Theres a need to create a CRM-system for Cineplex and also rewards program that both improves customer loyalty and enables more efficient new customer acquisition. Even though the CRM-program may feel expensive, it is worth the price and thats shown in this document. Getting more information about our customers is a key factor in developing our business forwardRead MoreAnalysis Of Sears Holding Corporation ( Shld )1445 Words à |à 6 PagesIn some cases, SHLD offers prices that are 50% higher than Wal-Mart and Target (Matarese, 2013). The high level of competition and pricing may cause SHLD to lose business and lose control of their bargaining power. SHLDââ¬â¢s current marketing scheme (loyalty program) seems to be working; however, in order to accurately access SHLDââ¬â ¢s marketing needs, a survey has been dispersed. In addition to the survey, research has been completed to meet the requested needs of individuals who were involved in the surveyRead MoreMeasuring Customer Service at American Express1367 Words à |à 6 Pageswith their financial planning as well as offers numerous amounts of credit card products and travel assistance. They have many products and services that are used throughout the world by consumers and businesses. As American Express moves towards the future, like most credit card companies, they want to be competitive and responsive to the needs of the consumer. American Express sends out customer service surveys to the card members that call in to the telephone service center. The surveys are sentRead MoreThe Collective Action Problem: The Number One Problem Affecting Shareholders1621 Words à |à 7 Pagesregulates the form of the proxy and the proxy statement. For the election of directors, the card must allow a shareholder to withhold a vote on directors as a group or individuals. A nominee cannot be elected if he is not named in the proxy card. For other matters, shareholders must have a chance to vote for or against each matter to be acted on. A s/h can give her proxy holder discretionary voting power if the proxy card states in boldface type how the proxy holder intents to vote, The proxy holder must
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment