Favor is an end-to-end loyalty program designed for SaaS companies. Easily create and manage personalized rewards for your most loyal customers. No code required!
Hi guys! π
We are building favor to allow SaaS companies to implement their own loyalty rewards program! No code required, simply connect via Stripe or Shopify!
Favor allows you to
- Create rewards such as discounts, new content, vouchers
- Automatically send rewards to eligible customers
- Reward customers for renewals, referrals
- Add personalized messages
Payoffs for running a loyalty program
- Reduce churn
- More customer referrals
- More brand advocacy
Customers will be less likely to stop their subscription due to not wanting to miss out on their reward streak.
It can cost 5x more to attract a new customer than to retain an existing one. Why not focus more on those awesome customers? Increasing customer retention rates by just 5% increases profits by 25% to 95%.
Looking forward to hearing any feedback or thoughts!