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The Impact of Discounts and Loyalty Points on Consumers’ Perceived Expected Value | Synapse
March 12, 2026
Open Access
The Impact of Discounts and Loyalty Points on Consumers’ Perceived Expected Value
KK
Keito Kuwabara
Tohoku Gakuin University
JI
Junichi Igawa
Hiroshima University
Key Points
This research aims to evaluate how discounts and loyalty points influence consumers' perceived expected value.
Conducted surveys with consumers about their purchase decisions
Analyzed responses regarding perceptions of discounts and loyalty programs
Compared expected value across different marketing strategies
Consumers report higher perceived value when discounts are combined with loyalty points
Discount-only strategies resulted in lower perceived value compared to loyalty points alone
Clear correlation found between loyalty programs and repeat purchasing behavior
Abstract
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Kuwabara et al. (Wed,) studied this question.
synapsesocial.com/papers/69b2573196eeacc4fcec5d96
https://doi.org/https://doi.org/10.4992/pacjpa.89.0_1213