LifeVantage Optimizes Rewards Circle with New Benefits for Both Consultants and Customers
05 Agosto 2024 - 2:00PM
LifeVantage Corporation (Nasdaq: LFVN), a leading health and
wellness company with products designed to activate optimal health
processes at the cellular level, today announced an exciting
refresh to its Rewards Circle Customer loyalty program in its U.S.,
Australia and New Zealand markets. This comprehensive update
introduces new benefits and enhancements designed to provide
greater value and optimize engagement for Customers, while also
adding Subscription benefits for Consultants.
On the Consultant side, rewards include free
shipping on enrollment orders when a Subscription is scheduled for
the future, plus business-building rewards every time a
Subscription ships. Customers benefit from the refresh with
first-Subscription perks including free shipping and a gift with
Subscriptions when over a price threshold. Customers will continue
to earn towards Reward Credits with every Subscription but will now
enjoy lower redemption thresholds.
"Our commitment to enhancing the experience for
both our Consultants and Customers is at the heart of this Rewards
Circle refresh," said Steve Fife, President and CEO of LifeVantage.
"These updates are designed to optimize the needs and preferences
of those committed to our activation products, ensuring they
continue to receive exceptional value and benefits.”
The Rewards Circle refresh comes 16 months after
launching the program for Customers in March 2023 as part of the
Company’s LV360 initiatives, which also included the launch of the
Evolve Compensation Plan. The latest enhancements to Rewards Circle
were driven from Customer retention data since launch, while also
making Subscriptions more lucrative for Consultants looking to grow
their LifeVantage business.
For more information about the updated Rewards
Circle program, please visit www.lifevantage.com.
About LifeVantage Corporation
LifeVantage Corporation (Nasdaq: LFVN), the
activation company, is a pioneer in nutrigenomics, the study of how
nutrition and naturally occurring compounds affect human genes to
support good health. The Company engages in the identification,
research, development, formulation and sale of advanced
nutrigenomic activators, dietary supplements, nootropics, pre- and
probiotics, weight management, skin and hair care, bath & body,
and targeted relief products. The Company’s line of
scientifically-validated dietary supplements includes its flagship
Protandim® family of products, LifeVantage® Omega+, ProBio, IC
Bright®, Daily Wellness, Rise AM, Reset PM, and D3+ dietary
supplements, the TrueScience® line of skin, hair, bath & body,
and targeted relief products. The Company also markets and sells
Petandim®, its companion pet supplement formulated to combat
oxidative stress in dogs, Axio® its nootropic energy drink mixes,
and PhysIQ, its smart weight management system. LifeVantage was
founded in 2003 and is headquartered in Lehi, Utah. For more
information, visit www.lifevantage.com.
Public Relations Contact:
Jennifer Rumble, CerconeBrownCompany(704) 923-6378
jrumble@cerconebrown.com
Investor Relations Contact:
Reed Anderson, ICR (646) 277-1260 reed.anderson@icrinc.com
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