Loyalty is the driver for many business, it makes acquisition faster and client retention more efficient. Having a good loyalty program in place is multifaceted, requires a lot of customer behavior research & analysis, a lot of social media listening. Rewarding the clients costs money in the short term, but brings money in the long term – this is the axiom, known to all savvy business people. Loyal customers buy more and they buy more often. The Life Time Value of a client is the absolute measurement, that marketers of all major companies are investing a lot to achieve results.
BOONS intends to have Loyalty program for both ends of the spectrum: the Seller and the Buyer. The Sellers will be provided loyalty levels based on the time on platform, reviews and volume of goods sold. The BOONS Seller Loyalty algorithm is such, that allows to start enjoying the loyalty perks from the very beginning of cooperation. Right after the registration, the Seller has 1 day of complimentary exposure to a chosen location, whereby the product of choice gets maximum visibility on the platform in specified location. Such a perk is beneficial for all: the platform, the Seller and the Buyer: the BOONS platform gets a new Seller registered onboard, increasing the assortment for the Buyers; the Seller gets to experience an immediate effect from preferred placement; the Buyers get access to a new set of products at competitive prices.
The Buyer loyalty program is 2-fold: there is a loyalty program, that is free and the one, that Consumers can subscribe to. The Free Loyalty program is based on cumulative data of many factors, inclusive but not limited to: the time spent on platform, the funds spent on the platform, the number of goods purchased on the platform. Thusly, the basic levels of loyalty will allow for free shipment of purchases from 40$+ with regular post. As the Buyer spends more time and funds on the platform, more rewards become available.
For those, who aim to fast-forward their way to free next-day shipments, the premium subscription, BOONS ACE is available. Costing from $150 per annum or $15 per month, the premium subscription provides access to a wide range of loyalty perks like:
Free next-day delivery
Unlimited image storage
Personal purchase history reporting functionality
Access to budget sheets and reports
Personal savings calculator in user account
Free cloud storage of up to X GB
Make business with BOONS and enjoy your benefits: https://boonscoin.com