Loyalty points system is a very common tool for industries, stores, and markets to reward loyal customers patronizing their products. These organizations realized the importance of valuing loyal customers and choose to implement a system focused to incentivize customer loyalty.
A loyalty program is a marketing system instituted by a business that rewards purchasing behavior, thus increasing the customer’s urge to stay loyal to the company.
Improved Customer Experience
Rewarding customers from the purchases they made adds spice to their experience. The feeling of being valued attracts more purchases because these reward points can be converted or exchanged to an item/product/services as soon as the accumulated points reached the amount of points required. It has been proven and tested that companies grow more when they implement loyalty points system to reward customer purchases.
The points customers get when purchases are made will also base on the total amount they purchased, some have fixed points per product. The bigger the amount they spend, the bigger the points they get. It's an amazing strategy to hook customers for patronizing the product.
Drug Stores, supermarkets, fast-food chains, convenience stores, malls offering customers points whenever a purchase is made is a common example for loyalty program.
The Current Problem/s with Loyalty Programs in the Market
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Loyalty programs are excellent way of rewarding customers. However the current major problem with it is that points from markets are not integrated. They are fragmented. Points accumulated from a store are specifically intended for that store only. You may have points accumulated through different stores but is not enough to exchange them for a coupon or a discount. For whatever reason is, this frustrates us customers.
Another existing problem is that the technology behind creating a loyalty points system seems to be very costly. For you to implement it, it will cost you a big amount of money to initiate and maintain the "database" for this technology. Small to medium stores struggle to have this kind of system.
Lastly, loyalty points from different stores creates a messy environment to customers. How much points do I have on this particular store? On that? It creates a bloody environment to users not having an integrated application to view the points accumulated by different stores. Also, if they can exchange loyalty points from store to store will be an exciting experience for us.
How Qiibee will be a Game Changer for Loyalty Programs
With Qiibee, markets are unified. Everything is integrated. Qiibee brings hope to revolutionize the loyalty ecosystem. This is possible because it uses the power of Blockchain Techology! which gave loyal customers the freedom they deserve.
Free Marketplace to Trade Loyalty Points
You can exchange your loyalty points into other loyalty points! The same with cryptocurrency trading, you are able to exchange your tokens into a different token. Same thing with Qiibee, you are allowed to exchange loyalty points from stores registered!
So if you are just points away from redeeming a coupon or a discount on a store, you can easily convert some points from other stores you got!
One Wallet for Everything!
Integration is what special about Qiibee. They bind everything into a much easier and user-friendly application. With just a single app, you can view all of your loyalty points gathered from different store purchases you made!
This advancement adds a lot of convenience to users who are struggling to monitor their loyalty points on different stores.
Plug & Play Ecosystem to Launch your Token!
Creating a system for loyalty points will surely be costly plus its maintenance. With Qiibee, it is very simple to launch your own loyalty system. Let the experts handle it with a Plug & Play Ecosystem. Simply connect to Qiibee's ecosystem and you can now launch your own token.
Create a budget --> Convert the budget into loyalty tokens --> Done
Blockchain Powered
With the use of Blockchain technology, transactions are honest and transparent. Everything is documented properly and will forever be.
Get the Customers the Freedom They Deserve
Access all your coins. Exchange your loyalty tokens into other loyalty tokens. Sell your tokens to. Blockchain powered technology. Plug and Play system. What else? With Qiibee, we are valued.
Join us and Enjoy Being Valued.
Visit https://qiibee.com/ for more information.
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