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LOYALTY PROGRAMS AND THE CURRENCY EFFECT

"Loyalty points are more than just rewards - they have become a global financial force," the authors explain. "Each year, an estimated $300 billion worth of new points is issued. When combined with existing balances, loyalty currencies would rank as the world's third-largest virtual reserve, trailing only the U.S. Dollar and Euro." "Loyalty points are more than just rewards - they have become a global financial force,"  the authors explain."Each year, an estimated$300 billionworth of new...
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 the authors explain.

Despite their scale and profitability, loyalty programs are still largely viewed as traditional marketing tools. The book challenges this perspective by introducing a new framework that highlights how businesses can strategically manage loyalty currencies to unlock various sources of value creation, ranging from measurable bottom-line contributions to enhanced enterprise valuations.

 say de Boer and Chin.

Drawing from their extensive experience advising the world's top loyalty programs, the authors offer a behind-the-scenes look at how points work, how they generate profits, and how businesses can leverage them for competitive advantage.

 is now available for purchase. For more information, visit www.thecurrencyeffect.com 

About the authors:

is a Managing Partner at On Point Loyalty, Singapore , and CEO at Fidivio. He has re­searched and worked in loyalty strategy since 2000, providing strategic guidance to leading companies globally, including more than 40 airlines. Evert has published numerous articles and white papers on loyalty strategy and finance, including the Harvard Business Review. He is the author of (Palgrave Macmillan, 2017).

is a Partner at On Point Loyalty, Kuala Lumpur, Malaysia . Her loyalty experience spans program design, strategic planning, member analytics and program valuations. Prior to joining On Point Loyalty, Xiao Yao worked for AirAsia's loyalty program and contributed to various strategic projects for top financial institutions at Bain & Company in Southeast Asia . She holds a PhD from the University of Cambridge , UK.

View original content:https://www.prnewswire.co.uk/news-releases/loyalty-programs-and-the-currency-effect-302384270.html

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