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Givex Corp T.GIVX

Givex Corporation is a Canada-based company, which is a technology and software solutions provider. The Company is a full-suite omni-channel gift card, loyalty program, data analytics, stored value ticketing, payments processing solutions and cloud-based point of sale (POS) solutions provider. The Company develops, sells, installs and supports five key technology solutions for merchants of all sizes, including single store locations and Fortune 500 companies with thousands of locations. These solutions are Customer Engagement (including gift and loyalty), Enterprise POS, Payments, Integrations, and Analytics. It offers a range of products, such as Gift Card, Loyalty Programs, GivexEngageAI, GivexPOS, Kiosk & Self-Service, Uptix Ticketing, Analytics, GivexPay, and Enterprise Services.


TSX:GIVX - Post by User

Comment by Robsopinionon Mar 14, 2024 12:52pm
99 Views
Post# 35933006

RE:RE:Jason Donville - BNN - RISKY

RE:RE:Jason Donville - BNN - RISKYAlthough "Global giants" may grab your attention, I wish to caution you that the bigger the company, the less they will pay, and the more they will expect. Sometimes driving top line positivly, but net negative on the bottom line. The small, and smaller customers, renting the POS systems, wiring the networks, starting out with gift cards are the ones that really put the points on the bottom line.
The number one purchaser of Coca cola products is McDonalds corp. Coca Cola actually loses money on every beverage sold at McDonalds. Internally Coke registers this loss as a marketing expense, and justifies it by the belief that having the product consumed by every McDonalds customer, and having the name splashed around every unit will drive consumption across the other levels.
With Givex, the system is similar. Smaller customers are much more eager to join up when they hear the big names already involved. I can tell you for a fact that the bigger you are (with Givex) the less you pay and the more you get.
McDonalds also uses Givex for thier gift cards.
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