Begrepsammenligning
Loyalty programvstilbud og etterspørsel
Relasjonsforklaring
Both 'loyalty program' and 'tilbud og etterspørsel' (which means 'supply and demand' in Norwegian) revolve around incentivizing customer engagement; loyalty programs reward repeat purchases to increase demand, while supply and demand dynamics
Begrepsammenligning
Detaljert oversikt over begge begreper
Loyalty program
nounloi-uhl-tee proh-gram
A rewards program offered by a company to encourage customer loyalty by providing benefits or discounts for repeat purchases.
tilbud og etterspørsel
substantivtiˈlbuːd ɔː etːərˈspœrsel
"Tilbud og etterspørsel" translates to "supply and demand," referring to the economic model that explains how the price and quantity of goods are determined in a market.