Customer loyalty programs are not realizing their full potential due to low client retention and redemption rates. Customer loyalty and engagement can make or break companies. Any powerful technology can help us making realize the full value of customer loyalty programs. Any project which offers reward to its users can experience the advantages of the gained efficiencies, reduced costs, and enhanced brand loyalty that this powerful blockchain technology can provide. Although blockchain incurs upfront expenses yet we believe that it is the most advanced technology that can resolve several issues faced by people from the current fiat money systems. A blockchain based loyalty rewards program should reduce system management costs with smart contracts. It will help in reducing costs associated with errors and fraud. Merchants and retailers boost their customer retention with loyalty programs. The implementation of blockchain can drive the customer experience to the next level.
HOW QIIBEE WORKS :
Qiibee is targeting to build a platform where a lot of brands can register and build their loyalty customer services on it. With its project it wants to help thousands of brands and lakhs of customers. It is not like any other platform providing other companies a access to build their loyalty for their customers that service for them. Rather qiibee will help brands create loyalty platforms on blockchain which is the most exciting part. And this is not limited to only this. The companies can have a full fledged control over their loyalty services provided and tokens earned. So there is an inevitable freedom for all brands. There is a motto that has to be fulfilled and qiibee is setting up itself to fulfill this motto and recreate a new era of blockchain through various brands which are blockchain powered to provide the users who can get full benefits of using it.
Qiibee is a completely user friendly platform with a simple interface for both brands and consumers. Hence both the sides will enjoy the services to the fullest. There is no cost incentive integration for brands to register at initial or primary stages. It eliminates all the intermediary expenses that other platform have. We can say qiibee is the cost effective method of creating your loyalty services.
PROBLEMS QIIBEE SOLVES :
Qiibee provides a very active platform where you can easily redeem your rewards or loyalty points without any trouble. Today’s market is not good to customers claiming their loyalty points/rewards. But here you will find no such scenario of chaos or delay in the redeeming. Many platforms limit customers to not avail the benefits of claiming their points. In that case one can only completely rely on that brand whether it will give its loyalty points as promised or not. If they are dissatisfied they look forward to new brands. But here is where many brands commit the major mistakes and that is by letting old customers go. Old customers are the most potential buyers. They account for 75% of total brand purchases where only 25% purchases are done by new customers.Therefore it is very important for that brand to keep its customer by tempting them with many rewards in the form of loyalty points for their loyalty to that brand. Qiibee will help brands regain their old customers by a wide range of customer friendly services. Not only the services help making a blockchain loyalty platform for your brand but also reforms the entire transaction system for users to make it cost effective and highly secured. The qiibee is the most apprehensive choice among all similar project platforms.
ICO AND THE TEAM :
The main token crowdsale was carried out in July and August of 2018. The Hard Cap produced was around 8 million USD. The sale was focussed on loyalty and community users mostly. After the ICO, QBX is live now. Now QBX is tradable on several platforms. The funds raised will be used in the overall platform development. 49% of the funds raised will be used in the Engineering and technology of the platform, 26% of the funds will in the Business development, 14% in marketing and 10% in Education and so on.
The team of Qiibee is constituted with experts from different fields having experience and skills in marketing, sales, finance, business model development and operations as well as blockchain experts and advisors. Most part of the team(70%) was the part of a foundation, before being an integral part of the company of Qiibee.
CONCLUSION :
New tools and products are being developed for advancing the platform of Qiibee. It is primarily looking into establishing a good transparency between its services and its clients and investors. People connected to Qiibee can enjoy all services at one place which they they have been seeking at different places. That is going to create a very user friendly stage for all.
The investors and partners of Qiibee can enjoy profits and a good transparency of where their resources are going. Since QBX serves as the locked up value storage for all QBX tokens, its exchange rates are very transparent. Merchants can buy and sell your QBX tokens anytime according to your wish and need. Therefore the fundamental QBX environment is created for all types of customers, merchants, loyal customers, brands and system providers. easy and secure way to issue their own loyalty token on the blockchain. The purpose of Qiibee’s Token Generation is to provide all newly issued loyalty tokens with a real value backing. The platform is fixating a new era of decentralized loyalty reward environment for all loyal users of any brand or company to enjoy their services they use and benefit best from a service they avail.
For more details visit
Website: https://qiibee.com/
Telegram: https://t.me/qiibee
Thread: https://bitcointalk.org/index.php?topic=4598098.0
Published by: Pooja Jur
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1217469