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Laszlo Sajtos

πŸ‘€ Speaker
107 total appearances
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Voice samples: 1
Confidence: Medium

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The Detail
The high price of loyalty

A lot of the times we, I mean, especially, you know, 80s, 90s, back in Europe as well, where I'm from, we had these loyalty programs that they are definitely about the long term.

The Detail
The high price of loyalty

Yeah, I mean, you had this sort of instant offers in the supermarkets, which we obviously still have.

The Detail
The high price of loyalty

that you can redeem straight away.

The Detail
The high price of loyalty

But in terms of consumers requiring these instant rewards and less about this long-term relationship, there's definitely a move towards that in the market.

The Detail
The high price of loyalty

So I think consumers can decide for themselves what they want to be loyal to, but

The Detail
The high price of loyalty

A lot of times I think many programs are trying to, I guess, keep sort of this excitement and keep the relationship interesting between consumers and their brand.

The Detail
The high price of loyalty

And probably this long-term, I guess, relational idea is probably lessened to some extent.

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