Sunday, February 1, 2009

Savings with loyalty Programs

Recently while looking at the Loyalty Programs, I came accross
 
 
This is a Loyalty Program Card from Pantaloon Retail, one of the largest chain of Retail stores that Include prominent names like Big Bazaar & Pune Central. i am not sure if Home Town is also part of this program as its also from pentaloon retail.
 
In Pune there are several big Bazaars and 2 Pune Central stores allowing everyone in Pune to have easy access to these Shopping Malls.
 
Green Card Program is very interesting and have lot of good points. I recommend everyone to use this program to get extra savings. Some of the prominent points being
 
- Unlike other loyalty programs that ask you to collect points against each purchase and then redeem points, This scheme directly give you discounts on your purchase. Direct discount on purchases is much better then points.
 
- 5% to 10% Discounts is very good discount considering you can buy all kind of products from Pantaloon Stores. This is in addition to the discounts available already in these stores, which sometimes run upto 50%.
 
- 60 Days Exchange period if also large and very good. Often while shopping we mistakenly buy unwanted goods and are not able to return it in 7 - 15 days period and it lead to a loss. 60 days is big enough time for even lasy people and will make your shopping more profitabe. I believe that at least 5% of the purchase are losses due to wrong selection, but with 60 days exchange you can avoid such losses.
 
- There are many other benefits listed that can be valuabe. What i see in this scheme is real valuable loyalty program and not just a hogwash or polished looking program.