Starbucks has optimized customer loyalty through Stored Value Programming, growing its rewards program to over 24 million members. In the decade after their gift card launched (2001-2011), customers spent $10B total on it. Today, they load or reload $10B+ per year, accounting for 40-45% of the chain’s entire sales! (Finextra Research, Apr. 4, 2022)
With over 30 million unique consumers enrolled in its franchise loyalty programs, Franchise Payments Network (FPN) and sister company POLN8 have successfully synergized payments and loyalty to maximize the customer experience and share of wallet for franchise brands, generating on average a 17% ticket lift and increasing customer visit frequency by 50%.*
Learn why over 220 franchise brands choose IFA Preferred Vendor FPN, ranked Top Merchant Supplier by Entrepreneur five years in a row (2022, 2021, 2020, 2019, 2018).
Explore new ways to grow your business with the franchise experts. Complete the form or call 866.420.4613 Option 3 today!
* Results based on our portfolio of clients. Same or similar results cannot be guaranteed.