What is accrued points in SAP CEC-MKT-LOY - SAP Loyalty Marketing?

SAP Term: accrued points

• Component: CEC-MKT-LOY

• Component Name: SAP Loyalty Marketing

• Description: The loyalty points that have been accumulated or received over a period of time.

Smart SAP Assistant

• Key Concepts: 
  Accrued points are a type of loyalty points that customers can earn when they purchase products or services from a company. These points are accumulated over time and can be used to redeem rewards or discounts. 
  
  How to use it: 
  In SAP Loyalty Marketing, accrued points are managed through the CEC-MKT-LOY component. This component allows companies to set up loyalty programs and track customer points. Companies can also set up rules for how customers can earn and redeem points. 
  
  Tips & Tricks: 
  When setting up a loyalty program, it is important to consider how customers will earn and redeem points. Companies should also consider how long points will remain valid and what types of rewards or discounts customers can redeem with their points. 
  
  Related Information: 
  For more information on SAP Loyalty Marketing, please refer to the official SAP documentation here: https://help.sap.com/viewer/cec-mkt-loy/latest/en-US