Attracting new customers to loyalty programs: The effectiveness of monetary versus non-monetary loyalty programs

What type of reward attracts customers to loyalty programs? Given the increasing importance of loyalty programs, this question matters. Six sequential studies investigated whether monetary rewards universally attract people more than nonmonetary rewards. Results suggest that monetary rewards elicit...

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Bibliographic Details
Main Authors: Ruzeviciute, Ruta, Kamleitner, Bernadette
Format: Others
Language:en
Published: John Wiley & Sons, Ltd. 2017
Online Access:http://epub.wu.ac.at/5637/1/Ruzeviciute_Kamleitner_2017_CJB_loyalty_rewards_Round2FINAL.pdf
http://dx.doi.org/10.1002/cb.1663