Do you know Role of Online Rewards Programs in Experience Economy?

Reward Programs In Experience Economies An experience economy is when customers prefer companies that offer full experiences along with their products and services. Simply selling a good product doesn't cut it anymore. Companies like Starbucks and Apple are leading the way in a consumer revolution that caters to customers who say. IT'S ALL ABOUT ME! But how do online reward programs fit into this economy? Rewards Offer NEW Experiences Rewards Are Experiences The best reward programs offer travel rewards and sporting/concert tickets. From an experience economy perspective, travel and event rewards deliver the greatest value. Reward items aren't purchased with cash wages, theyre earned as recognition of effort. Where cash bonuses are typically spent on goods, the process of earning a reward is itself an experience packed with meaning Reward Programs Can Be Made Mobile For A Game Experience FUN FACT! When dl of these factors As technology changes, online reward programs have moved into gamification and mobile devices An online rewards program becomes an experience The Consumers when presented as a game with point accrual. fal into place, consumers spend more h fact, durng ths post December 2014 consumers spent more per day than any day since 2008 Incentive Solutions Aa ISI Company www.incentiveso utions.com 1-866-567-7432