Loyalty Programs Are Sales Promotions Designed to Retain Current Customers

question 110

True/False

Loyalty programs are sales promotions designed to retain current customers and encourage multiple purchases over time with the promise of a reward or premium.

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Definitions:

Adjusting

The process of modifying or adapting one's behavior or attitude in response to external conditions or internal feedback.

Last-borns

Refers to the youngest child in a family, who may experience different parental expectations, responsibilities, and dynamics compared to their older siblings.

First-borns

Refers to individuals who are the oldest children in their families, often associated with specific personality traits and responsibilities.

Restless Sleepers

Individuals who experience difficulty in achieving or maintaining sleep, often resulting in insufficient sleep quality or duration.