Snipp Interactive Inc. Announces USD$2M Renewal for Leading American Beverage Company
Snipp Interactive Inc. (TSX-V:SPN)(OTC PINK:SNIPF) has announced a USD 2 million renewal agreement with a leading American beverage company, facilitated by a top global research firm. This follows a year of successful deployment of the SnippREWARDS platform across nine countries, with further expansions planned. The SnippREWARDS platform is part of the broader SnippCARE Platform, designed for customer engagement and loyalty. Snipp has a robust rewards catalogue available globally, emphasizing its position as a leader in promotional solutions.
- Renewal agreement valued at USD 2 million with a major beverage company.
- Successful deployment of SnippREWARDS platform in nine countries over the past year.
- Plans for further expansion into additional countries, indicating growth potential.
- None.
VANCOUVER, BC / ACCESSWIRE / September 13, 2022 / Snipp Interactive Inc. ("Snipp", the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, is pleased to announce it has entered into a renewal agreement for a leading American multinational beverage corporation (the "Beverage Company") through its partnership with a Top 5 global research and consulting firm ("Client"). Pursuant to a successful pilot deployment of the Company's SnippREWARDS platform for this leading Beverage Company, the Client has deployed SnippREWARDS for this Beverage Company across nine (9) countries in the past 12 months, while working on a plan that would include the launch of several additional countries over the next year.
SnippREWARDS is one of the components of the Company's SnippCARE Platform a modular Customer Acquisition & Retention Platform. The SnippREWARDS Platform enables clients to implement multiple omni-channel, objectives-led, ROI driven programs to incentivize and engage customers. The SnippREWARDS Platform has over 3,500 rewards as part of its catalogue available in over 45 countries/currencies.
"We are excited by the progress we have made over the past year with this leading American multinational beverage company and our Client in the marketing research space. The renewal order today is evidence that we are solving a problem for global brands who are showing increasing confidence in our ability to grow with them. Our strategy to land and expand with this Client's end customers over time is providing to be very successful, and one we look forward to communicating more frequently on in the near future", said Atul Sabharwal, Founder of Snipp.
More information about our platform can be found at https://www.snipp.com/
About Snipp:
Snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. Our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. We also provide the services and expertise to design, execute and promote client programs. SnippCheck, our receipt processing engine, is the market leader for receipt-based purchase validation; SnippLoyalty is the only unified loyalty solution in the market for CPG brands. Snipp has powered hundreds of programs for Fortune 1000 brands and world-class agencies and partners.
Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. The company is publicly listed on the Toronto Stock Venture Exchange (TSX-V) in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.
FOR FURTHER INFORMATION PLEASE CONTACT:
Snipp Interactive Inc.
Jaisun Garcha
Chief Financial Officer
investors@snipp.com
1-888-99-SNIPP
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.
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SOURCE: Snipp Interactive Inc.
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FAQ
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