Qiibee: The Loyalty Program Revolution
Loyalty programs is one of the most effective method that brand companies use to reward their loyal customers. Through loyalties, consumers can get additional value for their purchase or purchases, and brands gets the recognition that they desire.
Brands have used the loyalty program to maintain and gain more followers for years, and the loyalty sector have seen unbelievable growth these recent years.
One can say that the loyalty program is one of the best method to maintain loyal followers. This method is extremely effective and is an almost perfect marketing strategy, except it has one major flaw—it is very fragmented.
Loyalties, varies from brand to brand, and this variation is the cause of this fragmentation. Certainly, some brands offers cards which stores loyalty points but those points can only be used to purchase products or services, tied to that brand. So if a consumer wishes to purchase another brand, those points are rendered useless. This is where Qiibee comes in.
What is Qiibee?
Qiibee is a blockchain-based platform, whose aim is to revolutionize the loyalty sector, and to gather the fragmented loyalty programs into one platform.
Qiibee offers brands the chance to make their very own application using the foundation built on the Qiibee ecosystem. This way, brands can have full access to the power of the blockchain technology without worrying about things like integration, and losing control of their applications at the same time.
Qiibee had been in the loyalty business since 2015. Every member of their team have the necessary experience and know-how of the loyalty sector. They have tackled and solved many problems usually faced by loyalty programs, like program integration and high-cost of operation.
Fragmentation
The biggest drawback of the loyalty program is without a doubt, fragmentation. Loyalty programs is always tied to the brand itself and is usually useless outside of that.
Qiibee will allow the use of those points outside a certain brand's products and services. This is made possible by transforming loyalty points into loyalty tokens, that can be use without restrictions. Therefore, every loyalty points has values and nothing is wasted, and thus ending the issue of fragmentation, once and for all.
The Tokens
Qiibee have it's very own token, the Qiibee token or QBX, based on the Ethereum or ETH technology, making sure that the Qiibee token have real time monetary value.
Qiibee also allows brands to create their very own loyalty tokens, and just like the Qiibee token, it to can be used and exchange across the Qiibee platform for Fiat and other cryptocurrency.
Decentralized Loyalty App and Wallet
A token is completely pointless and useless without its dApp and wallet, and Qiibee have its very own dApp and wallet that can store and access all of its loyalty tokens. All in just a touch of a finger.
The dApp also allows the exchange of loyalty tokens across other brand's dApps that uses the Qiibee technology.
Transparency
Transparency is one of the benefits of using Qiibee, as such, customers will be able to see and know how their points and tokens are used. Everything would be recorded through the blockchain. They can use, transfer, buy, sell, and exchange their Qiibee tokens or other loyalty tokens for Fiat or other cryptocurrencies, without worries or care.
Freedom
As mentioned earlier, Qiibee will give brands full control of their loyalty programs and customers full freedom to use their loyalty points and tokens, howerver they wish. Qiibee will also allow customers to interact with other brands and products outside of their favorite brands, thus enhancing the user experience and giving customers the freedom they deserve.
Qiibee will make sure that the application is working perfectly without affecting the loyalty program's overall frameworks. Giving the brands more freedom to work on their products and interact with their loyal followers.
Plug & Play
Qiibee is very easy to use and integrate. A brand only need to prepare a budget, the direction of the loyalty program and bam! They have a fully working loyalty program that they can use anytime they want. It's that easy.
All of this is made possible due to Qiibee's very own open-source application that can be easily integrated and is backed by the power of the blockchain technology.
Conclusion
Qiibee is bringing a revolution, a revolution in the loyalty sector. Making loyalty better and more accessable to brands and customers alike, while solving the sector's biggest flaw: fragmentation, in the process.
For more info on Qiibee refer to the links below:
Qiibee Website
Qiibee Whitepaper
This article is my entry to @originalworks Qiibee writing contest. Anyone can enter the contest using this link: https://steemit.com/crypto/@originalworks/350-steem-60-bonuses-airdrop-sponsored-writing-contest-qiibee
qiibee2018
it's me again
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 really good read. I would upvote you but my voting power is only around 50% so i need to recharge it. Till next time
Short explanation: qiibee = brands + loyalty points/tokens + human traffic.
Long explanation: Basically, qiibee will collaborate with companies and their brands to establish a platform where loyalty points will be gathered, used and exchange. These points would then be converted to loyalty token that is useable on the qiibee ecosystem, where they can be converted to Fiat or other cryptocurrencies. Everytime a consumer bought a product from a brand affiliated to qiibee, they would then get loyalty points or in qiibee's case loyalty tokens. In other words, the sale of products will provide the funds. This pretty much summarize qiibee's economic
thank you for your kind reply. I start to understand it better.
I appreciate it a lot.
Loyalty programs SADLY remind me of latest movie "Ready Player One". have you seen it? if you're into Virtual Reality then i would totally recommend.
good luck with contest. well written piece of work :)
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
This post has been submitted for the OriginalWorks Sponsored contest!
You can also follow @contestbot to be notified of future contests!
Thank you!
another great piece of work.
good luck in your contest mate.
upvoted :0
Thank you!
Thank you!
Excellent because by transforming the loyalty points into loyalty tokens, these loyalty tokens can be used without restrictions and in this way the problem of fragmentation is solved, obtaining the largest number of satisfied customers.
I like this idea but since you can use the loyalty tokens all over I am unsure how big store competitors will feel. Like if you gain points from shopping at CVS and then use the points to get something from Walgreen's without ever purchasing from them. please feel free to join my current Steemit #contest here https://steemit.com/contest/@isteemithard/design-isteemithard-a-profile-picture-avatar-contest-17-winner-of-16
Would love to read quotation marks next time, would be easier for me to differentiate better between your text and the source. Do you have experiences so far with loyalty points going to waste because they lack liquidity?
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by riovanes from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.