1) Dollar Off Reward
2) Percent Off Reward
3) Free Item Reward
How do I choose my rewards?
To begin with, create a check list of all your high margin items. Use the 10% rule when deciding how many points it should take to “purchase” that item from the store. For example, if your crab rangoon sells for $10.00, make that item available at 100 points or less (this applies if you offer the standard 1 point per dollar system).
Remember to always incentivize saving points. The more points a reward costs the better deal it should be. For example, giving a $20 discount away at 200 points when you have a $10 discount available at 100 points doesn’t incentivize your customers to save their points. Instead give a $25 discount away at 200, and $10 away at 100.
Lastly, remember to include at least one dollar or percent off discount reward. The goal is to reach ALL of your customers. Giving a dollar or percent off allows them to get something that might not be included in the items you are giving away in your rewards store.
Have fun! Contact email@example.com if you would like to add/change your rewards!