STOCK TITAN

Snipp Interactive Secures Landmark $1.2MM Contract for SnippMEDIA, the Company’s Financial Media Network

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) has secured a landmark $1.2MM contract with a leading global food and beverage company for its SnippMEDIA Financial Media Network (SnippFMN). This marks the platform's first major sale, building upon existing partnerships with Triple and Bank of America.

The SnippFMN platform enables contextual and behaviorally targeted consumer promotions through digital assets, allowing consumers to clip offers and redeem rewards using Snipp-generated barcodes. The platform currently reaches over 30 million monthly active users with redemption rates of 5-10%.

The new program will feature 1,527 individual 'Buy-Get' offers sponsored by the client. The Bank of America integration has been live for six months, providing seamless integration into customer engagement channels. This strategic partnership demonstrates Snipp's capability to deliver scalable, AI-powered solutions that drive customer engagement and incremental sales.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) ha ottenuto un contratto storico di 1,2 milioni di dollari con una delle principali aziende globali nel settore alimentare e delle bevande per il suo SnippMEDIA Financial Media Network (SnippFMN). Questo segna la prima grande vendita della piattaforma, che si basa su partenariati esistenti con Triple e Bank of America.

La piattaforma SnippFMN consente promozioni consumer contestualizzate e targetizzate comportamentalmente attraverso asset digitali, permettendo ai consumatori di raccogliere offerte e riscattare ricompense utilizzando codici a barre generati da Snipp. Attualmente, la piattaforma raggiunge oltre 30 milioni di utenti attivi mensili con tassi di riscatto del 5-10%.

Il nuovo programma presenterà 1.527 offerte individuali 'Compra-Ricevi' sponsorizzate dal cliente. L'integrazione con Bank of America è attiva da sei mesi, fornendo un’integrazione senza soluzione di continuità nei canali di coinvolgimento dei clienti. Questa partnership strategica dimostra la capacità di Snipp di offrire soluzioni scalabili e alimentate dall'IA che stimolano il coinvolgimento dei clienti e le vendite incrementali.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) ha conseguido un contrato histórico de 1,2 millones de dólares con una destacada empresa global de alimentos y bebidas para su SnippMEDIA Financial Media Network (SnippFMN). Esto marca la primera gran venta de la plataforma, basándose en asociaciones existentes con Triple y Bank of America.

La plataforma SnippFMN permite promociones del consumidor contextuales y dirigidas por comportamiento a través de activos digitales, permitiendo a los consumidores recortar ofertas y canjear recompensas usando códigos de barras generados por Snipp. Actualmente, la plataforma llega a más de 30 millones de usuarios activos mensuales con tasas de canje del 5-10%.

El nuevo programa contará con 1,527 ofertas individuales de 'Compra-Recibe' patrocinadas por el cliente. La integración con Bank of America ha estado activa durante seis meses, proporcionando una integración sin problemas en los canales de participación del cliente. Esta asociación estratégica demuestra la capacidad de Snipp para ofrecer soluciones escalables impulsadas por IA que fomentan la participación del cliente y las ventas incrementales.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF)는 세계적인 식음료 회사와 120만 달러 규모의 획기적인 계약을 체결했습니다. 이는 SnippMEDIA Financial Media Network (SnippFMN)의 첫 주요 판매를 의미하며, Triple 및 Bank of America와 기존 파트너십을 바탕으로 이루어진 것입니다.

SnippFMN 플랫폼은 디지털 자산을 통해 소비자 맞춤형 및 행동 기반 프로모션을 가능하게 하며, 소비자들은 Snipp에서 생성한 바코드를 사용하여 제안을 클리핑하고 보상을 받을 수 있습니다. 이 플랫폼은 현재 매달 3천만 명 이상의 활성 사용자를 보유하고 있으며, 보상 이용률은 5-10%입니다.

새로운 프로그램은 클라이언트가 후원하는 1,527개의 개별 '구매-받기' 제안을 특징으로 합니다. Bank of America와의 통합은 6개월째 운영 중이며, 고객 참여 채널에 원활하게 통합되고 있습니다. 이 전략적 파트너십은 Snipp이 고객 참여 및 추가 판매를 촉진하는 확장 가능한 AI 기반 솔루션을 제공할 수 있는 능력을 보여줍니다.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) a remporté un contrat historique de 1,2 million de dollars avec une entreprise alimentaire et de boissons mondiale de premier plan pour son SnippMEDIA Financial Media Network (SnippFMN). Cela marque la première grande vente de la plateforme, s'appuyant sur des partenariats existants avec Triple et Bank of America.

La plateforme SnippFMN permet des promotions ciblées sur le comportement et le contexte grâce à des actifs numériques, permettant aux consommateurs de sélectionner des offres et d'échanger des récompenses à l'aide de codes-barres générés par Snipp. La plateforme atteint actuellement plus de 30 millions d'utilisateurs actifs par mois avec des taux de rédemption de 5 à 10 %.

Le nouveau programme comprendra 1 527 offres individuelles 'Acheter-Recevoir' parrainées par le client. L'intégration avec Bank of America est en cours depuis six mois, offrant une intégration fluide dans les canaux d'engagement client. Ce partenariat stratégique démontre la capacité de Snipp à fournir des solutions évolutives alimentées par l'IA qui favorisent l'engagement client et les ventes incrémentales.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) hat einen historischen Vertrag über 1,2 Millionen Dollar mit einem führenden globalen Lebensmittel- und Getränkeunternehmen für sein SnippMEDIA Financial Media Network (SnippFMN) abgeschlossen. Dies markiert den ersten großen Verkauf der Plattform und baut auf bestehenden Partnerschaften mit Triple und Bank of America auf.

Die SnippFMN-Plattform ermöglicht kontextbezogene und verhaltensbasierte Verbraucheraktionen durch digitale Assets, sodass Verbraucher Angebote auswählen und Belohnungen mit Snipp-generierten Barcodes einlösen können. Die Plattform erreicht derzeit über 30 Millionen monatliche aktive Nutzer mit Einlösungsraten von 5-10%.

Das neue Programm wird 1.527 individuelle 'Kaufen-Bekommen'-Angebote enthalten, die vom Kunden gesponsert werden. Die Integration mit Bank of America ist seit sechs Monaten aktiv und ermöglicht eine nahtlose Integration in die Kundenkommunikationskanäle. Diese strategische Partnerschaft zeigt Snipps Fähigkeit, skalierbare, KI-gestützte Lösungen zu liefern, die das Kundenengagement und den zusätzlichen Umsatz steigern.

Positive
  • Secured significant $1.2MM contract with major food and beverage company
  • Platform reaches over 30 million monthly active users
  • Strong redemption rates of 5-10%
  • Large scale implementation with 1,527 individual offers
  • Successful six-month integration with Bank of America
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / January 7, 2025 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global leader in innovative loyalty and promotional solutions, is thrilled to announce its first major sale for SnippMEDIA, the Company's Financial Media Network (SnippFMN). The agreement, valued at up to $1.2MM, is with a leading global food and beverage company. The signing marks a significant milestone for SnippMEDIA as it continues to transform consumer engagement in the financial media sector and establish its own proprietary user base.

This announcement builds upon Snipp's expanding relationships with industry leaders, including Triple and Bank of America. The SnippFMN Platform has been live with Bank of America for six months, providing seamless integration into its customer engagement channels.

The SnippFMN platform provides a powerful, customized solution for delivering contextual and behaviorally targeted consumer promotions. By utilizing SnippFMN, clients can leverage digital assets such as web pages, mobile applications, and end-user communications (e.g., email and alerts) to present dynamic promotional offers. Through this innovative platform, consumers can effortlessly clip or select offers, redeem them using Snipp-generated barcodes, and enjoy seamless rewards at checkout.

These cornerstone partnerships underscore Snipp's ability to deliver scalable, AI-powered solutions that drive customer engagement and incremental sales. With the FMN Platform now reaching over 30 million monthly active users and achieving redemption rates of 5-10%, Snipp is well-positioned to attract new enterprise customers while continuing to expand its footprint within the financial services sector.

Tom Burgess, President of Snipp Interactive, commented, "This first major win for SnippMEDIA represents a pivotal moment for our Company. It showcases the transformative potential of our Financial Media Network to bridge the gap between targeted promotions and measurable consumer engagement. By delivering tailored experiences through our platform, we are redefining the way brands interact with their audiences, and this landmark partnership is just the beginning."

The program associated with this agreement will feature 1,527 individual "Buy-Get" offers sponsored by the client, creating an unmatched opportunity to engage and reward consumers at scale. Each offer integrates seamlessly into the SnippFMN platform, allowing users to activate promotions and redeem rewards with ease.

This strategic collaboration underscores Snipp's commitment to innovation, operational excellence, and delivering value to its clients. With its first major success for SnippMEDIA, Snipp is well-positioned to continue driving growth in the loyalty and promotions marketplace.

About Snipp:

Snipp Interactive Inc. (TSX-V: SPN; OTCPK: SNIPF) is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 500 clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform's Receipt Processing Module has established itself as an industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform's full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform's modular catalogue of digital and physical rewards provides clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform's gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit Snipp's website at www.snipp.com and its profile on SEDAR+ at www.sedarplus.ca.

Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. Snipp is publicly listed on the TSX Venture Exchange in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

FOR FURTHER INFORMATION PLEASE CONTACT:

Snipp Interactive Inc.
Richard Pistilli
Chief Financial Officer (Interim)
investors@snipp.com
1-888-99-SNIPP

SOURCE: Snipp Interactive Inc.



View the original press release on accesswire.com

FAQ

What is the value of Snipp Interactive's (SNIPF) new SnippMEDIA contract?

Snipp Interactive secured a contract valued at up to $1.2MM with a leading global food and beverage company for its SnippMEDIA Financial Media Network.

How many monthly active users does SNIPF's Financial Media Network have in 2025?

The SnippFMN Platform reaches over 30 million monthly active users.

What are the redemption rates for SNIPF's SnippMEDIA platform?

The SnippFMN platform achieves redemption rates of 5-10%.

How many individual offers are included in SNIPF's new program?

The program features 1,527 individual 'Buy-Get' offers sponsored by the client.

Which major financial institution has integrated SNIPF's SnippMEDIA platform?

Bank of America has integrated the SnippFMN Platform and has been live for six months.

SNIPP INTERACTIVE INC

OTC:SNIPF

SNIPF Rankings

SNIPF Latest News

SNIPF Stock Data

18.88M
196.32M
31.39%
0.02%
Advertising Agencies
Communication Services
Link
United States of America
Vancouver