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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

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Post by jdfm22on Nov 23, 2022 10:09am
188 Views
Post# 35121528

Post2Win - THINK ABOUT IT

Post2Win - THINK ABOUT ITPost2Win

At first glance, many people, including investors would think that this new vehicle is fluff; including me.

However, it makes perfect sense.  At the most basic level, it solves a problem whereby any retailer offers a chance to win something if you give them your name and contact information.  Some people take the time, but many don't bother to fill in a slip of paper.  And then the retailer has to get someone to enter all that paper data into a database; coupled with a reasonable chance of data entry error.  Offering an entry to win something by tapping your phone is smart, effecient and reduces error.

But here's the BIG THING:
Offer customers a chance to win something when they enter your retail outlet everytime and the Retailer and CPG gets:
- they know your specific details/habits as you enter the store, before the customer starts shopping
- they learn what the customer buys, and in what combinations
- they have access to to that specific customer in store to offer them Digital Coupons 
- they can offer that specific customer special deals to move products
- they can offer that customer special deals based on past purchase history
- they can offer that customer another incentive to return to the Retail Outlet with a discount for their return in the future
- the CPG can target that customer through the Retailer to buy more of their product line
- this allows the Retailer and the CPG's to manage the customer's experience within the Retail outlet, as if it were a Venue and increase the customer's spend per visit
- treating that specific customer (because you know they are in your Retail Outlet because of Tap2Win) in a special way, means that you are managing that customer's Loyalty because they're getting Real-Time offers targeted to them.

All provided by FOBI.

THINK ABOUT IT

Cheers

jdfm22
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