bearly.bsky.social
Name looks like barely but sounds like burley
Web3 Explorer at Vayner3
“Earn with your mind, not your time” - Naval
108 posts
139 followers
83 following
Regular Contributor
Active Commenter
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How do I enter the web3 cluster
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Gm Botty
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If tweets are skeets
Can memes be skeemes?
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Gm travi ☀️
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Gm gm good ser ☀️
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Gm gm ☀️
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Bluesky went down for 37 seconds and @illumi.bsky.social and @col.bsky.social started chaos
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The Solution:
The social media era has show consumers gravitate to more authentic connections and brands
We’ve seen this with the rise of influencer marketing
Loyalty programs shouldn’t focus on rewards but act as the relationship layer between users and the brand
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Companies have incentivized people for years through points, discounts, or cash back
But today only 20% of total rewards points get redeemed
Why is this an issue?
Loyalty programs are becoming less effective and more costly to run for companies
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I go back to my question…
Do loyalty programs actually build customer loyalty?
Loyalty programs started as a system intended to enhance loyalty by giving incentives to valuable customers
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In theory they should lose customers right?
Opposite, Chipotle increased it’s loyalty rewards members by 20% in 2022
Why?
Although they decreased monetary benefits (cash back/discounts) they enhanced their rewards by including more a personalized experience
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ICYMI: Comapnies like Starbucks and Chipotle both devalued their rewards points in 2022
A free coffee used to be 250 stars and is now 500
This means customers would have to pay twice the amount of cash to earn the same reward
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I finally got my invite codes and the app decided to break
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Gm still tryna break the algo
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Gm gm good ser ☀️
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Gm gm
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Gm ☀️ Boro
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Gm illumi
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GM GM GOOD SER ☀️
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Gm ☀️
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I haven’t seemed to figure it out
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Need more y00ts
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We will slowly rebuild a better NFT twitter
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Good energy attracts good energy 🫡