You nood to start a customer loyalty program to roward and retain your curren customers Which two typos of programs should you solect? (Choose 2) Noto You will rocoive partial crodit for each corroct answer (1) A Coupon codo (1) B Points program C. Reforral program D Annual sale

## Step 1<br />The problem is asking us to identify two types of customer loyalty programs that can be used to reward and retain current customers. The options provided are: A) Coupon code, B) Points program, C) Referral program, and D) Annual sale.<br /><br />## Step 2<br />We need to evaluate each option based on its potential to reward and retain customers.<br /><br />## Step 3<br />Option A, Coupon code, is a type of program where customers receive discounts or special offers. This can be a good way to reward customers, but it doesn't necessarily encourage them to stay with the company.<br /><br />## Step 4<br />Option B, Points program, is a type of program where customers earn points for each purchase they make. These points can then be redeemed for rewards. This is a good way to reward customers and encourage them to stay with the company.<br /><br />## Step 5<br />Option C, Referral program, is a type of program where customers are rewarded for bringing new customers to the company. This can be a good way to reward customers and encourage them to stay with the company.<br /><br />## Step 6<br />Option D, Annual sale, is a type of program where customers receive special offers or discounts during a specific time of the year. This can be a good way to reward customers, but it doesn't necessarily encourage them to stay with the company.