RDE, Inc.’s CardCash.com Achieves Key Performance Milestones for its Merchants Utilizing its B2B Platform
RDE, Inc. (NASDAQ: GIFT), owner of Restaurant.com and CardCash.com, has announced significant milestones for its CardCash.com B2B platform in 2024. The platform has achieved a 10% monthly growth rate in customer acquisition, onboarding over 25 new business customers monthly. CardCash has helped partners save over $3 million in incentive and reward program expenses, with monthly savings increasing by $50,000 compared to 2023. The self-service Elite Platform has seen a rise in order volume, with nearly 1,000 additional orders per month compared to last year. CardCash's B2B platform offers a diverse catalog of over 500 retail brands, with customers purchasing from 200 unique brands in the last month alone. CEO Ketan Thakker noted that approximately half of CardCash.com's revenue comes from the B2B side of the business.
RDE, Inc. (NASDAQ: GIFT), proprietario di Restaurant.com e CardCash.com, ha annunciato importanti traguardi per la sua piattaforma B2B CardCash.com nel 2024. La piattaforma ha raggiunto un tasso di crescita mensile del 10% nell'acquisizione di clienti, accogliendo oltre 25 nuovi clienti aziendali al mese. CardCash ha aiutato i partner a risparmiare oltre 3 milioni di dollari in spese per programmi di incentivi e premi, con un risparmio mensile in aumento di 50.000 dollari rispetto al 2023. La piattaforma Elite self-service ha visto un aumento nel volume degli ordini, con quasi 1.000 ordini aggiuntivi al mese rispetto all'anno scorso. La piattaforma B2B di CardCash offre un catalogo diversificato di oltre 500 marchi al dettaglio, con clienti che hanno acquistato da 200 marchi unici solo nell'ultimo mese. Il CEO Ketan Thakker ha osservato che circa la metà delle entrate di CardCash.com proviene dal lato B2B dell'azienda.
RDE, Inc. (NASDAQ: GIFT), propietario de Restaurant.com y CardCash.com, ha anunciado hitos significativos para su plataforma B2B CardCash.com en 2024. La plataforma ha logrado un tasa de crecimiento mensual del 10% en adquisición de clientes, incorporando más de 25 nuevos clientes comerciales mensualmente. CardCash ha ayudado a los socios a ahorrar más de 3 millones de dólares en gastos de programas de incentivos y recompensas, con ahorros mensuales que aumentan en 50.000 dólares en comparación con 2023. La plataforma Elite de autoservicio ha experimentado un aumento en el volumen de pedidos, con casi 1,000 pedidos adicionales al mes en comparación con el año pasado. La plataforma B2B de CardCash ofrece un catálogo diverso de más de 500 marcas minoristas, con clientes que compraron de 200 marcas únicas solo el último mes. El CEO Ketan Thakker notó que aproximadamente la mitad de los ingresos de CardCash.com provienen del lado B2B del negocio.
RDE, Inc. (NASDAQ: GIFT)는 Restaurant.com과 CardCash.com의 소유자로서 2024년 CardCash.com B2B 플랫폼의 중요한 이정표를 발표했습니다. 이 플랫폼은 고객 확보에서 10%의 월간 성장률을 달성하며, 매달 25명 이상의 신규 비즈니스 고객을 온보딩하고 있습니다. CardCash는 파트너가 300만 달러 이상을 절약하도록 도왔으며, 2023년과 비교하여 매달 5만 달러의 절감액이 증가하고 있습니다. 자가 서비스 Elite 플랫폼은 주문량이 증가했으며, 지난해에 비해 한 달에 거의 1,000개의 추가 주문이 있었습니다. CardCash의 B2B 플랫폼은 500개 이상의 소매 브랜드로 구성된 다양한 카탈로그를 제공하며, 지난 달에만 고객이 200개의 독창적인 브랜드에서 구매를 했습니다. CEO Ketan Thakker는 CardCash.com의 수익의 절반 정도가 비즈니스의 B2B 측면에서 발생한다고 언급했습니다.
RDE, Inc. (NASDAQ: GIFT), propriétaire de Restaurant.com et CardCash.com, a annoncé des jalons importants pour sa plateforme B2B CardCash.com en 2024. La plateforme a atteint un taux de croissance mensuel de 10% en acquisition de clients, intégrant plus de 25 nouveaux clients commerciaux chaque mois. CardCash a aidé ses partenaires à économiser plus de 3 millions de dollars en dépenses de programmes d'incitation et de récompenses, avec des économies mensuelles augmentant de 50 000 dollars par rapport à 2023. La plateforme autonome Elite a connu une augmentation du volume des commandes, avec près de 1 000 commandes supplémentaires par mois par rapport à l'année dernière. La plateforme B2B de CardCash propose un catalogue diversifié de plus de 500 marques de détail, avec des clients ayant acheté auprès de 200 marques uniques rien que le mois dernier. Le PDG Ketan Thakker a noté qu'environ la moitié des revenus de CardCash.com provenait du secteur B2B de l'entreprise.
RDE, Inc. (NASDAQ: GIFT), Eigentümer von Restaurant.com und CardCash.com, hat wichtige Meilensteine für seine CardCash.com B2B-Plattform im Jahr 2024 angekündigt. Die Plattform hat eine monatliche Wachstumsrate von 10% bei der Kundengewinnung erreicht und integriert monatlich über 25 neue Geschäftskunden. CardCash hat Partnern geholfen, über 3 Millionen Dollar bei Ausgaben für Anreiz- und Belohnungsprogramme zu sparen, wobei die monatlichen Einsparungen im Vergleich zu 2023 um 50.000 Dollar gestiegen sind. Die Selbstbedienungs-Elite-Plattform hat ein steigendes Bestellvolumen verzeichnet, mit fast 1.000 zusätzlichen Bestellungen pro Monat im Vergleich zum Vorjahr. Die B2B-Plattform von CardCash bietet einen vielfältigen Katalog von über 500 Einzelhandelsmarken, wobei Kunden allein im letzten Monat von 200 einzigartigen Marken kauften. CEO Ketan Thakker stellte fest, dass etwa die Hälfte der Einnahmen von CardCash.com aus dem B2B-Bereich des Unternehmens stammt.
- 10% monthly growth rate in customer acquisition for CardCash.com B2B platform
- Over $3 million in savings for partners on incentive and reward program expenses
- $50,000 increase in monthly savings compared to 2023
- Nearly 1,000 additional orders per month on the Elite Platform compared to last year
- Diverse catalog of over 500 retail brands available on the B2B platform
- Approximately half of CardCash.com's revenue comes from the B2B side of the business
- None.
Insights
CardCash.com's B2B platform is showing promising growth, with a
However, the article lacks specific revenue figures or profit margins, making it difficult to assess the direct financial impact on RDE, Inc. The diversity of 500 retail brands and 200 unique brands purchased in the last month indicates a robust ecosystem, but without context on market share or competitive landscape, it's challenging to gauge the company's position. Investors should watch for concrete financial metrics in future reports to better evaluate the company's performance and growth trajectory.
The B2B platform's performance indicates a positive trend in the gift card and incentive market. The 10% monthly growth in customer acquisition suggests increasing adoption of digital incentive solutions among businesses. The platform's ability to offer 500 retail brands, with 200 being actively purchased, demonstrates strong market penetration and diverse appeal.
However, the true market impact is difficult to assess without comparative industry data or market size information. The
The success of CardCash.com's B2B platform highlights the growing importance of digital solutions in the incentives and rewards sector. The self-service Elite Platform's performance, driving nearly 1,000 additional orders per month, underscores the value of user-friendly, flexible tech solutions in B2B environments. This increase in order volume suggests strong user adoption and platform scalability.
The platform's ability to manage a diverse catalog of over 500 brands while facilitating transactions across 200 unique brands monthly demonstrates robust backend systems and data management capabilities. However, the article doesn't provide details on the platform's technical infrastructure, security measures, or plans for technological advancement. As the platform scales, investors should look for information on how RDE, Inc. plans to maintain performance, enhance features and stay ahead of technological trends in the competitive digital incentives market.
Successfully Generating Additional Traffic and Revenue for its Business Customers
SCHAUMBURG, IL, Sept. 12, 2024 (GLOBE NEWSWIRE) -- RDE, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, Restaurant.com and CardCash.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, is pleased to announce that its CardCash.com business has achieved significant milestones for its business merchants consistently using its B2B platform.
These Key Performance Milestones for 2024 include customer growth, savings and platform performance.
Customer Acquisition:
CardCash has accelerated its customer onboarding process, achieving a monthly growth rate of nearly
Program Savings:
CardCash has helped partners reduce their incentive and reward program expenses by over
Elite Platform Performance:
Our self-service Elite Platform has empowered partners to seamlessly order the products they need, whenever they need them. This increased flexibility has driven a substantial rise in order volume, with nearly 1,000 additional orders per month compared to last year.
Brand Diversity:
CardCash continues to lead the industry with a catalog of over 500 retail brands for its B2B platform. In just the last month, our customers purchased from 200 unique brands, demonstrating the diverse and growing selection available through our platform.
Ketan Thakker, Chief Executive Officer of RDE, Inc., commented, “This is a major inflection point as approximately half of CardCash.com’s revenue comes from this B2B side our business. These merchants work directly with us in order to increase traffic and revenue for its business. While we increase our user base through consumers reselling unused and unwanted gift cards, it makes our platform more valuable to the merchants who can indirectly access our user base by such incentive gift card offerings. It’s a win-win combination for both merchants and counsumers.”
About RDE, Inc.
RDE, Inc. (Restaurant, Dining and Entertainment) is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand and CardCash.com is a leading secondary gift card exchange platform. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our restaurant certificates and gift cards allow customers to save at thousands of restaurants across the country with just a few clicks. CardCash.com is renowned for its leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales.
For more information, visit: www.rdeholdings.com and https://www.restaurant.com and https://www.cardcash.com/.
Forward-Looking Statements
Press Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although RDE, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, RDE, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.
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FAQ
What are the key performance milestones achieved by CardCash.com's B2B platform in 2024?
How much has CardCash.com increased monthly savings for its partners compared to 2023?
What percentage of CardCash.com's revenue comes from its B2B platform, according to RDE, Inc. (NASDAQ: GIFT)?
How many new business customers is CardCash.com onboarding monthly for bulk purchases?
