One of the common means through which
both offline and online merchant increase sales are by driving traffic to their
respective business and this is achieve by different means. It can be via paid
advertisement or through special loyalty reward offer to already existing
customers. Already existing means of driving traffic to increase sales is
proving not adequate because the targeted traffic are not realizable this is
because concept such as point reward system provide customers with little or no
information about the value of their point and how much is the worth of such
accumulated point. Many customers hold different point reward from many
merchants that are not in anyhow related in term of the services they offer
thereby making accumulation of all the points to be spend in one store
impossible.
SUBAJ is a revolutionized blockchain
based platform which will create an ecosystem for creation and exchange of
business token between merchants, organisation, institutions and customers.
Through SUBAJ blockchain both offline and online will be able to create a token
which can be used as loyalty reward. SUBAJ global network (SGN) platform is
making use of technology which includes social gamification, augmented reality
and Geodrop technology to drive foot traffic to various merchants and
retailers. What this means is that merchant can target a particular set of
customer within a geographical location using the SUBAJ platform.
Through the SUBAJ Exchange platform,
users will have opportunity to exchange different token. For example let assume
a customer is holding reward token for hotel booking and you need reward token
for Airline Company, the user can exchange the token he is holding to the
desired token.
SUBAJ platform will be available on
mobile applications and all registered users will have opportunity to enjoy
various loyalty reward offered by both online and offline merchant using SUBAJ
platform. Token reward earn can be used on the various store available on the
SUBAJ platform and can also be exchange to SBJ token which can be traded in any
exchange available globally. Also users can withdraw SBJ token directly into
fiat. Transaction made on SUBAJ platform will attract transaction fee which can
be paid using the SBJ token. Also business token created by merchant can be
sold or be offered for loyalty rewards. Business token generated can create
other tokens for customers. This include loyalty token, prepaid token, and
discount token. In order to target specific group of customers, merchant can by
different types of packages which include basics, gold and premium package.
These three packages differ based on duration for the validity of the package,
amount of SBJ token allocated and amount of Geodrop present. Basic package is
valid for 3 months and it contains 500 SBJ token and 10 Geodrop. Gold package
will be valid for 6 months. It contains 1500 SBJ and 50 Geodrops while Premium
package will be valid for 1 year and it contain 5000 SBJ and 200 Geodrops.
SUBAJ will also launch a charity
foundation through which deprived and under-priviledge children are offer
variety of benefit access to education. Access to medical facilities etc. In
order to read further about SUBAJ Global Network kindly visit the website or
download the https://subaj.io/ whitepaper https://subaj.io/assets/pdf/Whitepaper_v_2.pdf
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SUBAJ launches efficient way of improving Foot traffic in both Online and Offline Store
Reviewed by Planet
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22:06
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