Today in Data: Customer Loyalty Program 411

By  |  June 30, 2017
 | 

Loyalty programs are great ways to get consumers more engaged with brands. As such, we’ve seen a myriad companies implement loyalty rewards into their offerings.

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    In the 2017 COLLOQUY Loyalty Census, it was discovered that while the U.S. has reached its highest-ever amount of members in loyalty reward programs, the growth rate has actually seen a decline.

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    Here are the numbers:

    3.8 billion | Number of loyalty reward memberships in 2017

    3.3 billion | Number of loyalty reward memberships in 2015

    15 percent | Loyalty reward program growth in 2017

    26 percent | Loyalty reward program growth in 2015

    57 percent | Amount of consumers that abandon loyalty programs due to lengthy point-earning process

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