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Should Companies Prioritise Green Practices When Creating Loyalty Programs?

10th July 2023

Written by Tom Peace

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Should Companies Prioritise Green Practices When Creating Loyalty Programs?

10th July 2023

Written by Tom Peace

Monday Morning Insight & New LinkedIn Poll

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Sustainability is a significant social issue that will never go away. Brands must align themselves with green practices to meet this growing demand, especially because more consumers now base their brand loyalty and buying decisions on corporate values.

These changes, nevertheless, don't happen quickly. To guarantee they are promoting sustainability all around, Companies are gradually starting to incorporate environmentally friendly activities into their strategies, operating procedures, and, most crucially, their loyalty programs. In addition to increasing customer interest and brand advocacy, a green loyalty program will also benefit the environment.

Retailers and brands must redefine their company goals and programs in response to consumer demands for more eco-friendly activities.

A financial services business has announced intentions to roll out new digital solutions, such as digital carbon tracking and offset solutions and the extension of its recycled plastic cards, to help its corporate clients better understand and manage their carbon footprint. Additionally, to honour Earth Month in April, the business gave rewards to qualified consumers who made purchases from particular businesses dedicated to changing the world.

However, sustainability involves more than just persuading people to use the brand's goods and services. There are further benefits that emerge when a retailer makes a sincere effort to go green, allowing the company to grow while valuing its base of devoted customers.

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