Mountain View, United States
RewardMe is a US-based startup founded in 2010 that focuses on providing realtime CRM solutions for local brick and mortar businesses. The company's SocialCRM™ solution aims to boost per-store revenues by applying techniques used by e-commerce giants like Amazon at the point-of-sale. By leveraging the data captured at the point-of-sale, RewardMe offers powerful up-sell, personalization, and VIP CRM techniques for in-store, online, and on-the-go interactions.
For brick and mortar businesses, RewardMe promises significant revenue increases, ranging from 10 to 50%, surpassing the industry average associated with traditional loyalty solutions. The platform also aims to enhance the consumer experience by providing a unified shopping identity across all local businesses, eliminating the need for multiple loyalty cards.
Moreover, RewardMe offers a compelling proposition for advertisers by providing a comprehensive, cross-merchant, SKU-level consumer marketing channel. This includes the ability to validate campaign conversion at specific local points-of-sale, presenting lucrative opportunities for targeted advertising.
With its focus on Advertising, E-Commerce, Mobile, CRM, and Sales, RewardMe addresses a crucial gap in the market by offering powerful CRM solutions tailored for local businesses. As the company continues to evolve and expand its market presence, it presents an intriguing investment opportunity for venture capitalists seeking to capitalize on the growing demand for innovative CRM solutions in the retail sector.
