article thumbnail

For Retail Promotions, Rewards Beat Out Discounts

PYMNTS

More specifically, companies had year-over-year revenue growth of 36 percent due to reward promotions compared to 28 percent from discount promotions, Chain Store Age reported. Companies have certain business goals in mind for rewards -based promotions. In addition, members of the program can waive the $5 charge for Target Restock.

Retail 148