Published on: Monday, 13 January 2025 ● 3 Min Read
TORONTO, Ontario--(BUSINESS WIRE)--RewardOps, a subsidiary of CORA Group, is a Software as a Service (SaaS) engagement platform that builds, tracks, and streamlines loyalty programs. RewardOps advises businesses to focus on delivering personal value through loyalty programs in 2025.
Well-executed loyalty programs are trending in consumer demand. They are appreciated by consumers and foster deeper engagement for businesses, directly impacting share of wallet, transaction frequency and spending. At their best, loyalty programs build lasting brand loyalty and create opportunities for businesses to ask for more from customers. This has been proven across most industries – including financial institutions, airlines, and retailers. However, the level of impact depends on customers’ perception of personal value in the offers. Without recognized value, even the most carefully designed loyalty programs risk failing to generate meaningful engagement.
RewardOps predicts that loyalty strategies will mature in three areas during 2025, bringing perceived personal value to new levels.
"To remain competitive in 2025 and beyond, businesses must evolve their loyalty strategies to deliver more than just transactional rewards,” says Beth McCoy, President at RewardOps. “By focusing on personalization, removing friction, and treating rewards as currency, brands can create more meaningful, long-term relationships with their customers. Loyalty programs that deliver true personal value are not just a nice-to-have anymore; they are essential for driving engagement, customer retention, and growth."
About RewardOps
An engagement ecommerce platform combining earn and burn capabilities to create positive disruption in the rewards space. RewardOps’ cloud-hosted infrastructure and SaaS approach sets it apart from other companies in the loyalty industry. Using RewardOps’ API-based software, forward-thinking companies in the loyalty industry can easily build, track and streamline their rewards programs. With one simple integration, RewardOps’ partners can access millions of products from a continuously growing marketplace of exciting reward suppliers for new and deepening levels of engagement. For more information, please visit https://www.rewardops.com/. Follow them on LinkedIn or X.
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