LVMH Introduces The Latest in Luxury Consulting
Implications - Private clubs are a great way to reward individuals who have been loyal to a brand. It's the perfect method for attracting new buyers and keeping the old ones who eventually get rewarded with special treatment. It may give off an elitist vibe, but that's only if whatever is being sold is absolutely exclusive. Companies can get the best of both worlds by using a point system that will reward loyal consumers and encourage new ones to stay faithful.