Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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Each year, Executive members at Costco receive an annual voucher toward future Costco purchases. The voucher value is calculated as 2% of the value of their annual purchases. What type of loyalty program is this?
A) rebate
B) loyalty
C) membership
D) reward
E) appreciation
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