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Bullboard - Stock Discussion Forum Snipp Interactive Inc V.SPN

Alternate Symbol(s):  SNIPF

Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides... see more

TSXV:SPN - Post Discussion

Snipp Interactive Inc > Entry Into UK Market With £350,000+ GBP Contract
View:
Post by Betteryear2 on Aug 31, 2021 7:28am

Entry Into UK Market With £350,000+ GBP Contract

VANCOUVER, BC / ACCESSWIRE / August 31, 2021 / Snipp Interactive Inc. ("Snipp", the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, is pleased to announce it has secured a GBP 350,000 (USD $440,000) loyalty contract with a Fortune 500 Company (the "Client'), that is referred to by Fortune as, "one of the World's Most Admired Companies." The Client will transition their global loyalty program to Snipp on the strength of the Snipp Customer Acquisition, Retention and Engagement (CARE) platform. This contract will focus on growing market share only for the Client's baby and toddler products in a single large South American country and two large Southeast Asian countries where the Client has had difficulty executing effective programs. The Client will be leveraging Snipp's omnichannel capabilities with the CARE platform and Snipp's proprietary receipt processing capabilities to improve their consumer experience and expand their acquisition of rich first party data. Future contracts will focus on adding other markets for this product category as well as addressing other business units within this multi-channel client. The Client has multiple brands within the health, hygiene and nutrition space and has a portfolio of many loved and trusted household and consumer brands

The addition of this Client brings the Snipp CARE platform to four continents including North America, EMEA, LATAM and APAC.

To assist with expansion into EMEA, Snipp also announces the addition of Mark Ross as VP of Sales. Ross, with 20 years of experience with FMCGs, will be based in the UK.

"I am personally excited by our EU expansion. With our new sales hiring's we are already seeing a robust pipeline of opportunity being developed for that region not only from our existing North American clients but also from net new clients based in that region. In addition, we continue to see an increased appetite for enterprise level conversations for global deployments which necessitates our need to have feet on the ground in key global markets. This contract is a prime example of clients with a Global Presence looking to solve marketing barriers within their various markets, while building unique data sets." said Atul Sabharwal, Founder & CEO.

https://www.accesswire.com/662142/Snipp-Interactive-Reports-Entry-Into-UK-Market-With-350000-GBP-Contract-with-Leading-British-Multinational-Consumer-Goods-Company
Comment by stockpickerone! on Aug 31, 2021 7:35am
Of all my investments even though SPN has done super well, I just feel like I am still losing since this company is just WOW. Really should be 2-3x where we are. Very frustrating. Can only imagine how Atul feels! But I t's inspiring watching him fight the good fight. True grit. From 2 cents written off to 12 cents today...who will win? David or the market Goliath...
Comment by donlin2 on Aug 31, 2021 9:56am
We have to remember that other companies like KIDZ, ADCOR, AKR and ZOMD are not exactly setting the volume world on fire.   This sector is very much overlooked.
Comment by Maggs on Aug 31, 2021 11:12am
Stockpicker....You do not need to feel bad for Atul, or the stock price. You have been paying attention to this story for longer than most. Snipp has plenty of people knocking on the door and you can tell because of the way that Atul and his words have changed drastically over the last year. Snipp continues to take business away from existing loyalty/promotion companies because they have multiple ...more  
Comment by francoisl13 on Aug 31, 2021 11:13am
It looks like the latest contract was signed with Unilever (head office in London,UK). If it is the case, this is a major win for Snipp since Unilever was listed on the Datable Technologies website as one of their key customer...very interesting how things are unfolding for Snipp...I'm actually quite impress with the last quaterly results especially the backlog. GLTA
Comment by stockpickerone! on Aug 31, 2021 11:17am
They already have Unilever as a client - its on their website today - i think this is someone else... https://www.snipp.com/client/driving-portfolio-sales-and-basket-size-for-unilever-canada?hsLang=en
Comment by francoisl13 on Aug 31, 2021 1:23pm
Yup, the link you provided was for Unilever Canada...their latest news refers to a Global CPG located in the UK...to me it is with Unilever (I can't find any other CPG companies located in the UK), I think that they are leveraging work done locally with Unilever and now work on a global basis with them. If you see fit with another big CPG company, let us know... In any case, pretty exciting to ...more  
Comment by stockpickerone! on Aug 31, 2021 1:57pm
I think its this  https://www.reckitt.com HUGE!
Comment by francoisl13 on Aug 31, 2021 3:17pm
I think you're right on! Reckitt was ranked #6 in the Fortune 500 'World's Most Admired Company/Brands' in 2014...could't find earlier version of the ranking but, typically, companies are not moving that much from year-to-year ranking so one would think that they are still up there in the ranking. The wording from the Reckitt website and the latest news release is very close ...more  
Comment by stockpickerone! on Aug 31, 2021 4:23pm
Thats how i found it! I always google words from the PR as usually people just lift it from their clients ;)
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