
Create a Consolidated Loyalty Network
Traditional loyalty programs suffer from low redemption rates, with 30% of American consumers never redeeming a single point. Setting up and maintaining a customer loyalty program is costly, with third-party integrations costing upwards of $15,000/month for an enterprise-level solution.
In a recent survey conducted by KPMG, 78% of Americans are willing to use tokens as loyalty points from companies they already buy from – demonstrating tokenization as a way to boost a customer engagement with companies.
Tokenization can boost a consumer’s engagement with companies, and integrating blockchain into existing loyalty programs is the best way to introduce tokenization to customers.
In a recent survey conducted by KPMG, 78% of Americans are willing to use tokens as loyalty points from companies they already buy from – demonstrating tokenization as a way to boost a customer engagement with companies.
Tokenization can boost a consumer’s engagement with companies, and integrating blockchain into existing loyalty programs is the best way to introduce tokenization to customers.