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Health Reward Stat of the Day – Nov 5

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Consumers, especially the desirable Millennial market, want wearable technology in the retail space to reward them for being faithful customers. 37% of Millennials said they would be strongly motivated to use a wearable device if it “has apps/features that reward those who frequently use it with loyalty points.” Even better if a company can help them earn or save cash: 52% of Millennials said they would be strongly motivated to use a device if it “has apps/features that reward those who frequently use it with monetary rewards,” and 46% percent said they would want to use a device that helps them to cut back on their spending.

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