Incentive marketing powered by customer transactions ELEVATOR PITCH: High-street businesses are in desperate need of motivating consumer spending. Boogienables banks and communities to YEAR FOUNDED: support local merchants by providing the tools to create loyalty programs powered directly by consumer transaction data. 2021 Boogicreates a seamless experience for consumers to automatically get rewarded with highly personalised incentives that lock future spending in the community. TEAM SIZE: SECRET SAUCE: 4 Boogiis taking the ease and simplicity of a transaction-driven cashback solutionand elevates it with targeted offers and incentives that directly benefit the community in a way that is quickly and easily scalable. TARGET CUSTOMERS: • Banks & Building Societies • Business Improvement USE CASES Districts RELEVANT INDUSTRIES: Banks can motivate their retail customers to shop with their business customers. Retail banking rewards, A bank or building society can use Boogito create an incentive program that rewards their retail customers for shopping with customer engagement, open any of their high-street business customers. Due to the rapid closure of branches, banks can utilise our technology to develop banking, loyalty and maintain a closer relationship with their local communities, resulting in increased customer satisfaction from both their business and retail customers. Banks can increase the profitability of their business banking customers By motivating spending within local communities using our technology, banks can decrease the likelihood of high-street business closure. As a result communities will experience higher footfall and property value will increase over time. This is especially important for decreasing the risk of mortgage products tied to declining communities whose property value could decrease over time. COST OF LIVING WE WANT TO LEARN ABOUT: 1. What are the technical and legal requirements for FIs to do business with external businesses? 2. How retail and merchant banks could utilisetheir internal network of customer data to generate revenue for their merchants. 3. How to effectively communicate the benefits of our product to meet the core demands of FIs.
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