Relationship-building rewards platform
Business Model: B2B
Revenue: $0
Employees: 1-10
Address:
City: Berkeley
State: California
Zip:
Country: United States
BlueCoins helps SMBs in Service Industry reward their customers over a longer term as customers demonstrate higher loyalty. Based on a proprietary algorithm, the rewards are calculated and structured in a way that the customer will always have a higher incentive to come back for at least 4-5 times with in a rewards cycle period. This allows the customers sufficient time to help clear the mental barrier – price/quality/service uncertainty – a customer has during the first few visits. This further provides the businesses sufficient face-time with their customers to build a long lasting connection. The platform also enables SMBs to tap into the social networks their customers have built around themselves to grow the loyal customer base. All this put together helps increase overall revenue and repeat business for SMBs.
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