loyalty bonuses
A loyalty bonus is a reward given to customers for their continued patronage of a business. This incentive can come in various forms, such as discounts, points redeemable for products, or cash rewards. Companies use loyalty bonuses to encourage repeat business and strengthen customer relationships.
These bonuses are often part of a larger loyalty program, which may include tiered rewards based on spending levels. For example, a retail store might offer a loyalty bonus to customers who make frequent purchases, enhancing their shopping experience and promoting brand loyalty over time.