In the modern digital economy, the most critical asset any enterprise possesses is its customer list — a proprietary audience insulated from the volatile costs of external advertising networks.
If a customer redeems 1,000 points for a product retailing at $50, the perceived value is $0.05/point. But if COGS is only $30, the actual cost to the business is merely $0.03/point. Leveraging this discrepancy allows highly attractive rewards without devastating the bottom line.