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Beauty brand streamlines B2B gift card program
Sephora is all about offering top-notch service to its customers — even its business partners. According to the Incentive Research Foundation and Incentive Gift Card Council, business-to-business (B2B) gifting is becoming more prevalent across U.S. companies, as they spend $22.7 billion per year on gift cards. Sephora’s new partnership will enable the company to claim a bigger portion of this market share. -
Study: Loyalty program experiences falling short
Despite increasing loyalty program membership enrollments, retailers continue to miss opportunities to satisfy shoppers. Brands continue to invest more in loyalty programs, and enrollment has grown by 31% over the last four years. However, retailers are overlooking opportunities that will drive business results, according to “The Loyalty Report 2017.”