TraQiQ launches “Spin-the-wheel”, gamification program for Loyalty programs

Rhea-AI Summary

TraQiQ, Inc. (OTC QB: TRIQ) has launched a new gamified experience for its loyalty programs, featuring a customizable "Spin-to-Win" option. This allows clients to engage users with rewards, points, and surveys. Designed for Fortune 500 companies in South-East Asia, these tools enhance user interaction and loyalty. Additionally, the gamification elements promote employee engagement and mental health awareness. TraQiQ's products aim to boost customer loyalty and financial efficiency, marking a significant step forward in their service offerings.

Positive

• Launch of customizable "Spin-to-Win" loyalty program features.
• Engagement tools for Fortune 500 companies in South-East Asia.
• Increased user interaction and loyalty through gamification.
• Tools promoting employee engagement and mental health awareness.

Negative

• None.

BELLEVUE, WA, Nov. 02, 2021 (GLOBE NEWSWIRE) -- TraQiQ, Inc. (OTC QB: TRIQ) (the "Company" or "TraQiQ"), a leading provider of AI based Loyalty programs and Last mile solutions announced the launch of its gamified experience for its loyalty programs.

The “Spin-to-Win” feature allows TraQiQ’s clients to create a fully customizable program for their users to win rewards, points, cashback, vouchers, tokens or products. The end-user community creates daily, weekly, monthly or annual Spin-to-win games. They get to choose the duration of the campaigns, the number of possible wins, the number of entries, etc. This deeply customized experience allows TraQiQ’s customers to create the optimal and deeply personalized Loyalty & Rewards program for their user community.

“In our latest features release, we have introduced Gamification tools that our clients can customize to their brand personalities and have a deeper engagement with the end-user in a fun and meaningful way. This creates a win-win situation when TraQiQ’s customers get to connect with their end-user community, and the end-users get valuable rewards” said Sandeep Soni, President of the Kringle business of TraQiQ. “The product features are currently being deployed with Fortune 500 companies in South-East Asia.

The “Spin-the wheel” feature also allows the creation of quizzes, surveys and other such products to connect with the end-users. For example, every satisfaction survey could be used by the company to create more “points” for the user. Similarly, on the other end of the spectrum, the company can use multiple types of rewards for the user community. They can have points, tokens, vouchers, or even cash-back.

This is also an important step by TraQiQ into the area of building employee loyalty. These surveys and other tools can be used to alert employers about employee mental health & overload. In addition, the gamification elements promote friendly competition and collaboration between teams.

TraQiQ, Inc.

TraQiQ, Inc. is a global technology company with a suite of products designed to help identify customers, facilitate transactions and fulfil transactions. TraQiQ’s leading edge Loyalty and Last Mile solutions have been deployed with leading multi-national customers around the world and are helping increase customer loyalty, improving profitability and driving efficient financial transactions.

Connect on social media at: 
https://www.facebook.com/TraQiQ
https://twitter.com/TraQiQ
https://www.linkedin.com/company/TraQiQ
For more information, please visit www.TraQiQ.com

Forward-Looking Statement

This press release may contain certain 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Corporate Communication
TraQiQ, Inc.
425-818-0560
info@TraQiQ.com
www.TraQiQ.com

Source: TraQiQ, Inc.

FAQ

What is the new feature launched by TraQiQ (TRIQ)?

TraQiQ has launched the "Spin-to-Win" feature for its loyalty programs, allowing customizable user engagement with rewards.

Which companies are deploying TraQiQ's new loyalty program features?

The new loyalty program features are currently being deployed with Fortune 500 companies in South-East Asia.

How does TraQiQ's gamification affect employee engagement?

TraQiQ’s gamification tools promote friendly competition and collaboration, while also addressing employee mental health.

What impact does TraQiQ's new program have on user loyalty?

The gamified loyalty program aims to increase engagement and customer loyalty by offering personalized rewards.

What is the stock symbol for TraQiQ?

The stock symbol for TraQiQ is TRIQ.