Ebooc reduces wastage by making sure you never lose any of your unredeemed points
Ebooc is the first multi-participant block chain based loyalty platform for loyalty programs on a decentralized distributed ledger providing a singular inter operable access for the customer to earn and burn freely and gain more.
Ebooc offers some unique value propositions and benefits for end customers: :
Ebooc is a blockchain based single platform for consumers juggling an array of loyalty programs.
We provide instant redemption and exchange for multiple loyalty point currencies on a single platform.
With only one ebooc “Mobile Loyalty App” for points, consumers would not have to hunt for each program’s options, limitations, and redemption rules.
Every customer will be given a single Mobile Loyalty App, accessible from the website of any participating merchant, or from ebooc web or generic mobile app. There is no need to register for a standalone loyalty program of each retailer, and the acquired Points can be redeemed with any other network member.
ebooc transfers value into Points and credits them directly to the customer’s Mobile Loyalty App. The value of the rewards denominated in ebooc loyalty currency is poised to go up along with the growth of the loyalty economy. Customers will also be receiving regular reports and offers from the stores where they made their purchases, which will help encourage them to spend again with that retailer — using their Mobile Loyalty App — or spend them with another retailer who’s part of the ebooc network.
ebooc collects and analysis loyalty usage patterns for customers and will assist in providing merchants insights on consumer buyer behavior.
ebooc will assist in identifying the likelihood of future customer transactions based on historical data
Instead of smaller retailers providing their own rewards-focused customer service support, ebooc will provide centralized support for retailers, who can also provide technical guidance, support and quality assurance.
User acquisition today is one of the most costly activities of any retailer. Statistics say that the average conversion of traffic into purchases in e-commerce comes to 3%; however, the real figure is closer to 1%. Studies also show that acquiring a new customer is anywhere from 5 to 25 times more expensive than retaining an existing one.
un deemed points which would have otherwise got wasted