Home
Learn More
Features & Pricing
Success Stories
Contact Us
Search Archives
PRWeb Direct
Submit Release
September 4, 2008
 
Industry Categories  
News by Country  
News by MSA  
Todays News  
Browse by Day  
PR Trackbacks™  
Featured Videos  
ViewNews™  
eBook Digests  
RSS  
PRWeb, a leader in online news and press release distribution, has been used by more than 40,000 organizations of all sizes to increase the visibility of their news, improve their search engine rankings and drive traffic to their Web site.
 
All Press Releases for May 12, 2007 Subscribe to this News Feed      
 

Invention Support Announces a Great New Invention for Automobile Buyers and Merchants Known as the 'Car Miles Reward Program'

Invention Support has signed a strategic alliance with Keiner Solis, the inventor of the new idea known as the "Car Miles Reward Program", to offer support for this great new invention and to proudly introduce it into the general market.

(PRWEB) May 12, 2007 -- Invention Support has signed a strategic alliance with Keiner Solis, the inventor of the new idea known as the "Car Miles Reward Program", to offer support for this great new invention and to proudly introduce it into the general market.

The basic idea behind the Car Miles Reward Program is to provide an additional benefit feature into the purchase of an automobile so that both consumers and manufacturers will be more inclined to do business together. The program is somewhat similar to the various other deals that exist on the marketplace today. There are cash allowances, cash back, rebates and factory warranties. These programs are meant as incentives to get consumers to buy the cars.

The Car Miles Reward Program works the same way but is a fresher newer option that sets itself apart from these other outdated and repetitive deals that tend to bore customers rather than awaken them. Old plans such as rebates and cash back require that the owners must pass approvals and sometimes pay additional fees first before they can benefit from the program. They are not as attractive to buyers as the Car Miles Reward Program.

As his inventor Mr. Solis quote "....This program is designed not to make car owner's drive theirs cars like crazy, the program itself do not make cars last longer but helping with it depreciation expenditures will make car owner's feel released and thankful with manufacturer behind the program".

Customer loyalty or reward programs work well for many types of businesses, from retail to cruise and travel. The most effective programs offer graduated rewards, so the more customers spend, the more they earn. This rewards your best, most profitable clients or customers and cuts down on low-value price switchers-customers who switch from program to program to get entry-level rewards. Whenever possible, it is widely recommended to offer in-kind rewards that remind your customers of your company and its products or services. This has been proven by market research again and again. With the skyrocketing cost of customer acquisitions these days, programs designed to retain or up-sell current customers can deliver a strong return on investment.

Most Americans are members of at least one customer rewards program, thanks to those offered by a broad base of major retailers, from drugstores and clothing chains to home and garden superstores. And a wide range of small businesses operate these programs to keep customers coming back for more. There's a reason customer rewards programs are often called "loyalty" programs. They not only offer customers an incentive to buy additional products and services, effective loyalty programs also reinforce and cement customer relations. This kind of positive reinforcement can prevent customers from switching to your competitors--even when your competition makes lower-price offers.

The loyalty card market in the UK is one of the most significant in the world, with most major chains operating some form of reward system. A recent report in The Economist newspaper suggested that the real benefit of loyalty cards to UK outlets is the massive database potential they offer. The primary goal of a loyalty card scheme, from a business' perspective, is to improve their customer relationship management. Companies gather information on customers so that they can target them more effectively with marketing communications.

In the U.S., several major supermarket chains and at least one major pharmacy require the cards in order for customers to receive the advertised loyalty price. The practice is also common among book and music retailers, from large chains to independent retailers. Great ideas like the Car Miles Reward Program come about only once in a while and, when they are pushed by their supporters, eventually tend to revolutionize the marketplace in dramatic ways. The Car Miles Reward Program is sure to be a huge success in the near future if it is marketed in a positive and persevering fashion.

In order that the needs of car merchants and buyers all over the world can be better served, marketing professionals are now reaching out to those who typically make these purchases. With these new considerations in mind, it is likely that the "Car Miles Reward Program" will soon become a more popular plan around the world. For further information on this great new invention, contact "Jake Way" and ask about the great new invention known as the "Car Miles Reward Program".

###

OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
Jake Way
Invention Support Inc
1 888 864 1780
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your login.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these releases. Our complete disclaimer appears here.
 
Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact PRWeb®. We will be unable to assist you with your inquiry.
PRWeb® disclaims any content contained in these releases. Our complete disclaimer appears here.

© Copyright 1997-2008, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Terms of Service | Privacy Policy | Copyright