January 30th, 2009
Cashlagoon now has NO MINIMUM Cashout Required. If you have a penny in your account, you can Cash it out and get that penny within 15
minutes! This is just another way CashLagoon is paving the way.
December 16, 2008
For a limited time ALL new members who Sign Up will automatically have $1 added to their
account just for signing up!
December 2, 2008
CashLagoon in the month of December is offering you $0.25 per every new signup you refer to
us. This is in addition to the referral amounts you can earn. Click Here to Learn
More
Today.
Loyalty Programs on the Rise
"Keep them coming back for more" has long been the anthem of
retailers. Through the induction of loyalty programs, companies are creating a
legion of dedicated consumers like never before. It is now estimated that a
whopping seventy-five percent of consumers belong to a loyalty program,
and buyers who belong to two or more loyalty programs now account for one third
of the buying public. Why so popular? A loyalty program benefits businesses and
buyers alike.
While the loyalty
program is not a new concept, it has been redesigned over time to offer
greater rewards for consumers and appeal to a larger share of the buying public.
The first loyalty programs introduced to the consumer market came in the form of
trading stamps offered through grocery stores. Once collected and pasted into
small booklets, the stamps could then be exchanged for a host of useful
household items. The attraction of earning stamps for everyday shopping enticed
housewives in the 1950’s and 60’s to select food stores based on whether they
offered the service, and the first loyalty program was born. Seeking even
greater bang for their bucks, savvy shoppers could double or triple their
rewards by shopping on certain days of the week. Grocery chains quickly learned
this early form of loyalty program paid off well by bringing in more shoppers on
days normally considered slow traffic days.
The next generation of loyalty programs came along in the 1970’s when the
competitive airline industry began offering frequent flyer miles. It wasn’t long
before hotels chains followed the trend with their own version of the loyalty
program. These are two of the longest standing and most successful loyalty
programs on the market today, boasting millions of participants worldwide. Now
loyalty programs are springing up in new markets. Restaurants, financial
institutions, credit card companies, auto insurance, and retailers are each
jumping onboard and offering their own version of loyalty programs. While
consumers benefit through deep discounts, bonus points, free products and other
attractive rewards, companies gain valuable insight on buying trends, shopping
habits, and how consumers spend their dollars. Through constant monitoring of
loyalty program participants, companies can revamp their programs and add new
services based on data gathered. Even smaller businesses are adding loyalty
programs to their marketing arsenal to attract new customers, as well as retain
existing ones. With no sign of letting up, loyalty programs have proven to be
highly successful. To learn more, please visit
www.cashlagoon.com.