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Frequency and Club marketing

Date Submitted: 05/30/2001 02:42:01
Category: / Literature / English
Length: 5 pages (1267 words)
Views: 192743

Frequency Marketing Defined: Frequency marketing is the term applied to any program designed to generate brand loyalty and cultivate a long- lasting relationship with customers. Specifically, it encourages and rewards the ongoing purchase of products and services. Frequency Marketing Frequency marketing has existed in one form or another for a long, long time... One of the early programs began in an A&P grocery store in New York City with trading stamps. Stamps were collected …

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…to identify their most valuable customers are, seek to maintain their loyalty and their business from these customers in particular. It has been found that a companies best customers are worth up to six times more then new customers. ------------------------------------------------------------------------ **Bibliography** Frequency marketing is the term applied to any program designed to generate brand loyalty and cultivate a long- lasting relationship with customers. Specifically, it encourages and rewards the ongoing purchase of products and services.

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