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Loyalty Programs
The purpose of this assignment is for you to evaluate frequency/loyalty programs as a viable promotional tool within an advertising program. Since almost all hotels use loyalty programs (frequency programs) as a form of alternative marketing, this assignment focuses on the hotel industry. From the list below, choose at least five hotels to evaluate; assess the hotels' loyalty programs based upon the overall value to the customer:
Use the following criteria to comparatively evaluate each loyalty program:
Discussion 1: Explain the investment that is necessary to earn rewards. For instance, consumers may need to invest money, time, or other resources.
Discussion 2: Describe the system of rewarding points or awards.
Discussion 3: Explain the redemption policies.
Discussion 4: Describe any additional requirements with respect to the redemption of awards.
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