Design a customer loyalty program for the ONE of the following. a. Dry cleaning service b....
Design a customer loyalty program for the ONE of the following. a. Dry cleaning service b. Grocery store chain c. Cosmetic line d. Catering service
Homework Answers
In general term, a customer loyalty program can be defined as a rewards program offered by a company to customers who is loyal to the brand or shop and make frequent purchases.
Customer loyalty program for the Grocery store chain :
Following reward program can be offered.
- If you make a purchase the grocery of worth rs USD 5000 in two consecutive months, you will be eligible for a discount of 25% on the next purchase.
- if a family buys the grocery of the entire 12 months from the shop (each month minimum bill USD 5000), then the Grocery of the 13th month will at half rate of the total purchase.
- Also as per point two, such 12-month loyal customer can enjoy a foreign trip on lucky draw.
- 6 Month old customer who made a total purchase of minimum 5000 USD but purchases something every month will be given priority checkout post 6month and discount on home delivery.
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Design a customer loyalty program for the ONE of the following.
a. Dry cleaning service b....
Discuss how else Nordstrom can continue to provide exceptional customer service and grow brand loyalty. Customer...
Discuss how else Nordstrom can continue to provide exceptional customer service and grow brand loyalty. Customer service is the key for Nordstrom’s success, focusing on customer’s experience and providing an exceptional service within seconds after the customer has entered the store. The digital presence is also very strong and easy to navigate, and the customer service that they provide online is almost as perfect as the in store experience. They have managed to achieve what is needed to build brand...
Question 1: A. Design a program using a flowchart or pseudocode that accepts a person’s loyalty...
Question 1: A. Design a program using a flowchart or pseudocode that accepts a person’s loyalty card number and amount spent in the store last month. Display the date only if the customer is a high spender – a person who spent more than $1000 in the store. B. A program that accepts customer info continuously until a sentinel value is entered and displays a list of high spenders.
Larkspur Inc. has a customer loyalty program that rewards a customer with one customer loyalty point...
Larkspur Inc. has a customer loyalty program that rewards a customer with one customer loyalty point for every $100 of purchases. Each point is redeemable for a $3 discount on any future purchases. On July 2, 2020, customers purchase products for $294,000 (with a cost of $167,580) and earn 2,940 points redeemable for future purchases. Larkspur expects 2,450 points to be redeemed (based on its past experience, which is predictive of the amount of consideration to which it will be...
Design a customer loyalty program for a local restaurant of your choice. Discuss options you considered...
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Cynthia Reid is starting her own premium dry-cleaning business, Cyn’s Dry-Cleaning. Journalize the following transactions for...
Cynthia Reid is starting her own premium dry-cleaning business, Cyn’s Dry-Cleaning. Journalize the following transactions for her in the table below. Include brief descriptions. Sep 1st - Cynthia invests $15,000 cash into her business. Sep 12th - Cyn’s Dry-Cleaning purchases $2,000 of equipment on account. Sep 13th - Cyn’s Dry-Cleaning purchases $500 of equipment with cash.ds Sep 18th - Cyn’s Dry-Cleaning earns $1,000 cash for completing a dry-cleaning order. Sep 21st - Cyn’s Dry-Cleaning completes a $700 dry-cleaning service on...
which one of these goods is most likely subject to positive feedback? a. grocery store b....
which one of these goods is most likely subject to positive feedback? a. grocery store b. tree trimming service c. computer operating system d. dry cleaning business
(1 point) The owner of a dry cleaning store believes that the mean amount a customer...
(1 point) The owner of a dry cleaning store believes that the mean amount a customer spends on a dry cleaning order exceeds $21.93. A statistician has said to him that he can be statistically sure that his belief is true if the mean amount of 100 randomly chosen customer bills is greater than $23.13, or X > 23.13. It is assumed that the standard deviation in the bill amounts is $12.69 (o = 12.69). (a) Choose the correct statistical...
To increase sales, Monty Inc., a public company following IFRS, implemented a customer loyalty program that...
To increase sales, Monty Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $30 of merchandise purchased. Each point is redeemable for a $2 discount on any purchases of Monty merchandise in the next three years. After the program launched, during 2020, customers bought merchandise for $330,000 (all products are sold to provide a 40% gross profit) and earned 11,000 points redeemable for future purchases. The stand-alone selling...
Control Charts: use the following for questions 36-40: Thad's Dry Cleaning is trying to Improve its...
Control Charts: use the following for questions 36-40: Thad's Dry Cleaning is trying to Improve its image with its customers. Part of this program involves providing excellent customer service along with on time cleaning. A questionnaire accompanies each order asking the customer, among other things, whether they are satisfied or unsatisfied with the service. One hundred customers were sampled on each of the last seven days. The results are as follows Time Running Hide Attempts: A 16 at 11:59pm 1...
A dry cleaning business offers a pick-up and delivery service for a 10 percent surcharge. Management...
A dry cleaning business offers a pick-up and delivery service for a 10 percent surcharge. Management believes 60 percent of the existing customers will take advantage of this service. They are also considering offering customers the option of opening an account and receiving monthly bills. They believe 50 percent of customers (regardless of whether or not they use the pick-up service) will use the account service. If the two services are introduced to the market, what is the probability that...
(1 point) The owner of a dry cleaning store believes that the mean amount a customer spends on a dry cleaning order exceeds $21.93. A statistician has said to him that he can be statistically sure that his belief is true if the mean amount of 100 randomly chosen customer bills is greater than $23.13, or X > 23.13. It is assumed that the standard deviation in the bill amounts is $12.69 (o = 12.69). (a) Choose the correct statistical...
To increase sales, Monty Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $30 of merchandise purchased. Each point is redeemable for a $2 discount on any purchases of Monty merchandise in the next three years. After the program launched, during 2020, customers bought merchandise for $330,000 (all products are sold to provide a 40% gross profit) and earned 11,000 points redeemable for future purchases. The stand-alone selling...
Control Charts: use the following for questions 36-40: Thad's Dry Cleaning is trying to Improve its image with its customers. Part of this program involves providing excellent customer service along with on time cleaning. A questionnaire accompanies each order asking the customer, among other things, whether they are satisfied or unsatisfied with the service. One hundred customers were sampled on each of the last seven days. The results are as follows Time Running Hide Attempts: A 16 at 11:59pm 1...
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