The importance of royalty programs in the commerce industry cannot be overemphasized as it’s a means of encouraging customers to patronize several businesses and commercial set-ups. It’s a structured marketing strategy designed by merchant in order to encourage customers to continue with their patronage with several businesses. To some extent, this marketing strategy is working for some businesses but then, what percentage of royalty programs in existence has been credible in their operations?
It has been discovered that most royalty programs do not offer real value to their beneficiaries as the points accumulated from the program has no real world usecase. In fact, reports have been made over time that most merchants abuse the details of their customers which was collected during loyalty program. This and many other problems have being known with conventional royalty programs and as such, a lot of businesses are the ones at the losing end because they end up losing customers and for the fact that most people now prefer online shopping to offline shopping now, then offline enterprises stands the risk of going into extinction.
If you’ll ask me, I’d rather prefer a perfect balance between both online and offline commerce sector and the only way to bring about this equilibrium is to improve the conventional royalty system so that the offline commerce industry will be tremendously improved rather than standing the risk of extinction which will definitely hurt the means of livelihood of several individuals.
This is the major reason behind the creation of the MozoX platform.
MozoX Platform
MozoX is a blockchain integrated platform that is determined to increase the rate of foot traffic to offline commerce industry in such a way that’ll save effort, money and also time. The concept of the platform will replace the conventional royalty program and this will surely bring great improvement in the sector.
MozoX has working products which is shown in the below picture;
The platform will make available its native token (MozoX) to commercial establishments which in turn will distribute it to any customer that comes to patronize them. This accumulated token by a customer can thereafter be redeemed at any other commercial establishment that’s also integrated with MozoX.
Retailers can mount beacons on walls or ceiling fans for the main purpose of rewarding consumers for entering their malls and stores.
Buying and selling of MozoX tokens can be done on the platform’s website in regulated countries while unregulated countries can buy and sell the tokens on exchanges.
MozoX token is an Erc-20 based token with a 500billion total supply and its use as form of incentives for customers is absolutely a great tool of encouragement.
Also, every merchant shall be given MozoX-in-a-box package and certain number of MozoX tokens will be given free of charge to them also with custom made Beacons. Revenue generating opportunities that’s being offered by the platform can be tested with the MozoX-in-a-box package by the merchants before committing budgets on regular use basis, isn’t that amazing?
The availability of the platform’s app (MozoX business app) that allows merchant to upload their product marketing collateral in order to allow consumers discover products will also go a long way in encouraging more customers to patronize businesses.
Conclusion
MozoX platform is capable of reviving the physical retail industry with its working products and future plans which is obvious through the project’s roadmap, Without much exaggeration, this platform will succeed in achieving their aims through their foot traffic increase mechanism. This is definitely a platform you don’t want to miss out on!
Please check the links below for more information on the platform;
Telegram: http://bit.ly/MozoXOfficialTelegramGroup
Facebook: http://bit.ly/MozoXOfficialFacebook
Whitepaper: https://mozocoin.io/assets/media/White_Paper.pdf
Website: https://mozocoin.io/products
Twitter: http://bit.ly/MozoXOfficialTwitter
Medium: http://bit.ly/MozoXOfficialMedium
LinkedIn: http://bit.ly/MozoXOfficialLinkedin
IEO link: https://exchange.latoken.com/ieo/MOZOX
Bitcointalk Username: dvmmayowa
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2505500