Technology Strategy Interview Questions

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If you were to establish a loyalty card programme for a shop in London, how would you calculate the cost of rewards given out in one year if you received a free reward after spending a certain amount? How would you use the information that the cards provided to improve your business? How would you determine whether the loyalty scheme was a success?
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Business Strategy

Interviewed at London Metal Exchange

3.8
Dec 14, 2015

If you were to establish a loyalty card programme for a shop in London, how would you calculate the cost of rewards given out in one year if you received a free reward after spending a certain amount? How would you use the information that the cards provided to improve your business? How would you determine whether the loyalty scheme was a success?

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