Another One!!!!people are wondering why the share price is still at this 52 weeks low....man i dont know but wish it is because of the buyout in the future lol TORONTO, July 10, 2018 (GLOBE NEWSWIRE) -- Snipp Interactive Inc. ("Snipp" or the “Company”) (OTCQB:SNIPF) (TSX-V:SPN), a global provider of digital marketing promotions, rebates and loyalty solutions, today announced that it has received a three year geographic market expansion agreement from one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products (the ‘Customer’).
Snipp has been working with and successfully run programs for two of the customers’ leading brands since 2016, starting with a launch two brands in the US, followed by an expansion into Canada. Both country programs have been extended since the initial launch. The Global deal value currently stands at US $550,000
This new agreement covers the further geographic extension of a brand program into the EU. Under this agreement Snipp will roll out the program where consumers earn loyalty points from their purchases made at any retailer, simply by sharing their receipt. Snipp’s receipt processing technology is integrated into the Brand’s websites via widget and registered consumers can upload their purchase receipt online or via e-mail. The Customer is working with Snipp to meet the needs of their consumers via our “best in class” technology and also for Snipp’s ability to provide actionable data from the receipts collected. The data allows them a deeper understanding of consumer purchasing habits and preferences.
“We are very excited to have signed this new agreement marking another expansion of a program across geographies and to receive this strong vote of confidence from an existing client,” commented Atul Sabharwal, CEO and founder of Snipp. “Snipp has been working with this premier beauty brand to truly support their global growth – helping them build meaningful consumer relationships and gather critical data that can be used for marketing and brand development. We look forward to working with more of our multinational clients as they recognize the global applicability of our platform to drive improvements in sales and consumer engagement.”
Visit the Snipp website at https://www.snipp.com/ for Snipp’s full suite of solutions and examples of Snipp programs.