Maritimers try to cut costs by using customer loyalty programs
While a grocery trip continues to be stressful for some Maritimers, one expert says customers can offset these costs is by using loyalty points.
Loyalty points were first introduced in Canada nearly 30 years ago.
They were designed to create repeat customers and business.
“What you want is a customer repeating business and that’s hard to do so loyalty programs are designed to the consumer trying pick on or two options, to come to your option,” said Ed McHugh, NSCC business and marketing professor.
Depending on the program, the options vary.
“A lot of them just help you earn additional points most of the time off stuff you’re already purchasing. In the end we’re able to get real money off of a grocery bill or redeem those for gift cards,” said Kathleen Cassidy, founder of Living on a Loonie.
Cassidy said using loyalty points is one way to beat rising costs.
“There’s basically savings everywhere so I would pin-point one or two places that you go to all the time, look at their points program, and start saving that way,” she said.
Consumer experts believe this impacts where customers choose to shop.
“In these inflationary times it is a way that people can save money and people can actually accumulate points to save money,” said McHugh.
McHugh encourages customers that are serious about using these programs should make sure to take a look at the points they’re accumulating per dollar.
Based off of this, customers should decide which one best fits them.
CTVNews.ca Top Stories
BREAKING Israel attacks Iran, Reuters sources say; drones reported over Isfahan
Israel has attacked Iran, three people familiar with the matter told Reuters, as Iranian state media reported early on Friday that its forces had destroyed drones, days after Iran launched a retaliatory drone strike on Israel.
American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Nearly half of China's major cities are sinking, researchers say
Nearly half of China's major cities are suffering 'moderate to severe' levels of subsidence, putting millions at risk of flooding especially as sea levels rise.
Prince Harry formally confirms he is now a U.S. resident
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
Judge says 'no evidence fully supports' murder case against Umar Zameer as jury starts deliberations
The judge presiding over the trial of a man accused of fatally running over a Toronto police officer is telling jurors the possible verdicts they may reach based on the evidence in the case.
Health Canada to change sperm donor screening rules for men who have sex with men
Health Canada will change its longstanding policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned. The federal health agency has adopted a revised directive removing the ban on gay, bisexual and other men who have sex with men, effective May 8.
Colin Jost names one celebrity who is great at hosting 'Saturday Night Live'
Colin Jost, who co-anchors Saturday Night Live's 'Weekend Update,' revealed who he thinks is one of the best hosts on the show.
Sports columnist apologizes for 'oafish' comments directed at Caitlin Clark. The controversy isn't over
A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball's highest scorer Caitlin Clark's first news conference as an Indiana Fever player.
'Shopaholic' author Sophie Kinsella reveals brain cancer diagnosis
Sophie Kinsella, the best-selling author behind the 'Shopaholic' book series, has revealed that she is receiving treatment for brain cancer.