Givex, a cloud-based global customer engagement and business insights platform, conducted a survey revealing that higher menu prices have made dining out more challenging for 78% of Americans. The survey highlights the impact of inflation on dining preferences and habits, with consumers seeking promotions, discounts, and loyalty programs to manage costs. The findings emphasize the importance of value-added services like loyalty programs in maintaining customer engagement during economic challenges.
Givex Corp. announces its first quarter 2024 financial results, showing a 9% revenue increase to $21 million and a net profit of $500,000 for the first time since going public. The company continues to establish itself in the gift card and loyalty sectors while expanding its POS and Payment solutions.
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