LOYALTY PROGRAM
Loyalty program are structured marketing strategies designed to reward and encourage loyal customers to continue to purchase or use their service of business associated with each program.
Loyalty program is a very vital strategy companies put in place to moltivate customers in a business by offering customers free reward such as Coupons etc to appreciate customers loyalty.
QIIBEE
Qiibee is a program which rewards dedicated customers through blockchain technology with the aim of creating a platform for companies to offer loyalty program.
HOW WILL QIIBEE CHANGE LOYALTY PROGRAM
The introduction of qiibe will change the loyalty program through the use of blockchain technology to trade between currencies,it will also helps the companies minimize the cost for running the reward program.qiibe also provide freedom to customers.
WHAT ARE THE DOWNSIDE OF THE CURRENT FRAGMENTED SYSTEM.
Loyalty is connected with high customer acquisition cost for the brand,meanwile loyalty programs cost a lot of money to be set up and also difficult to attract members
HOW WILL QIIBEE CHANGE THE WAY YOU INTERACT WITH LOYALTY PROGRAM
Qiibee will reduce the risk and also the setup cost,qiibee will also increase level of engagement a brand can achieve and eliminate liabilities on the company balance sheet
This is my entry for the original works contest.
qiibee2018