
#120: Innovative Ideas Driving Banking Loyalty in South Africa
Let's Talk Loyalty
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The Debit and Credit Card Star Measure
Darmesh: I think the program was performing well enough from a card swipe perspective. And we haven't done away with, with the card swipe. If you look at our program, what we've done is constructed it into packages, which are links to products. The more packages you've got or the more products you've got, the higher your sort of level within the program. Darmesh: It's a clever strategy, actually, because I'm sure with your understanding of behavioral economics, which I guarantee you is probably more than mine. But I'm sure there is a sweet spot where, you know, the retention is directly related to how many products I hold with the bank
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