Snipp Signs Six-Figure Loyalty Pilot Agreement With Fortune 500 Beverages Company
March 23, 2016 (Source) – Snipp Interactive Inc. (“Snipp”) (TSX VENTURE:SPN)(OTCQX:SNIPF), an international provider of marketing promotions, rebates and loyalty solutions listed on the OTCQX and the TSX Venture Exchange, is pleased to announce it has signed a digital loyalty agreement with a single brand within the portfolio of one of the largest alcohol beverages companies in the world. The company operates globally and besides being one of the largest breweries in the world, also produces distilled beverages, energy drinks, and non-alcoholic malt beverages. The contract is a US$ 135,000 minimum commitment for a short three-month pilot covering three US states only. Based on the success of the pilot, the program will be extended nationally.
According to David Hargreaves, Chief Client Officer at Snipp, “We are extremely pleased to announce this relationship with yet another global player in the industry. In the last year, we have launched a number of successful programs in the Alcohol and Beverage category and consequently have an ever growing and industry leading data set for shoppers in this category that we continue to leverage in unique and powerful ways. Not only is this a reflection of our strength in the category but also a validation of our strategy of shifting our product sales mix towards longer-term, recurring revenues.”
Visit the Snipp website at www.snipp.com for examples of Snipp programs.
Snipp’s incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp’s unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.
Snipp is headquartered in Washington, DC with offices across the United States, Canada, UK, Ireland, Europe, the Middle East and India. The company is publicly listed on the OTCQX, the highest tier of the OTC market in the United States of America, and on the Toronto Stock Venture Exchange (TSX) in Canada. Snipp was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange, in 2015 and 2016.
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