qiibee BlockChain rewards loyalty
Disclaimer: This article is my participation in the @originalworks contest, most of the information provided here was obtained from the contest sponsor but is not based on my own experiences. If you decide to invest your money in the service described below, do so at your own risk and responsibility.
Original from qiibee edited by me.
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Loyalty
Loyalty is a quality that warriors presented from ancient times related to honor and fidelity to a king or belief. Any king or ruler would want loyal subjects, loyal to his cause. This would give you greater security and protection, but loyalty to honor is something you can't buy, so how can a ruler obtain loyal subdits? This is where the term loyalty reward came from, kings began to reward their loyal servants, this not only motivated them to maintain their loyalty but also allowed others to strive to be loyal. The benefits of loyalty helped maintain kingdoms, but how did this principle get into the market world? For stores and market brands it is very difficult and expensive to attract new customers, if you must make a large investment in advertising, apply discounts to products and launch attractive promotional campaigns to potential customers. But once these are attracted, a mechanism must be created to maintain them, what better mechanism than the one used successfully in antiquity, the incentive to loyalty.
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Customer Loyalty Programmes
According to Jupiter Research, more than 75% of today's consumers have at least one loyalty card, and the number of people with two or more is estimated to be one third of the shopping population. According to Gartner, U.S. companies spent more than $1.2 trillion on customer loyalty programs in 2003 alone. Loyalty programs have been a solution to retain customers, it is a benefit to the store and to the consumer who receives something extra at no additional cost which encourages them to continue shopping in the same store. However, today's loyalty programmes have a major drawback.
Loyalty points earned in store A cannot be used in store B. If a customer visits a perfume store, a shoe store, a clothing store, a wallet store and many other possible options, the result will be many loyalty cards. It is uncomfortable for the customer not to be able to unify all the points in a single card, this would offer great benefits and attract a greater number of customers.
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qiibee Solution
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Blockchain technology has revolutionized our era with great contributions at the level of financial strategies allowing the creation of decentralized platforms that translate into a better distribution of rewards, in addition to providing the security and transparency of smart contracts, this has allowed greater reliability to users.
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Im failing to understand where value of Qiibee will be coming from? in steemit value = content and human traffic. what about Qiibee?
maybe you could help me out to find the answer to this question? :)
anyway good piece of work. upvoted.
Thanks friend, I guess the stores will be the ones sacrificing funds as an investment that will later be returned to them due to customer loyalty.
thank you for your kind reply @jesusjacr
I appreciate it a lot.
Loyalty programs SADLY remind me of latest movie "Player One". have you seen it? if you're into Virtual Reality then i would totally recommend.
Thx for your kind reply. and good luck with contest. well written piece of work :)
obviously followed.
Submitted.
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