tagNpin Enables Multiple Loyalty Programs to be Under One Umbrella
Today we see users burdened with so many loyalty cards that they don’t even bother to carry one. Besides, merchants are charged a premium by consultants to design the loyalty programs. Clearly Loyalty market is fragmented with so many independent loyalty programs.This is where Delhi based startup, tagNpin comes in. “tagNpin provides loyalty program as a service to all merchants on a single platform. Merchants have complete flexibility to change the rules of loyalty program anytime/anywhere as well as the liberty to pick or change loyalty partners anytime,” saidSiddharth Gupta, Founder, tagNpin.
A tagNpin user need not carry any loyalty cards and they can track all their redeemable points and purchase history on the tagnpin portal. “This is not all, we have built a complete location based discovery layer on top of our platform to enable search of products and offers based on price or points,” said Siddharth.
The product development work started around 10 months back and it went through several iterations before finalizing the product. tagNpin is a mobile based loyalty program cum social media marketing platform that has the potential to unite independent loyalty programs under one umbrella.
The Indian retail business is valued at $550 billion, out of which about 4% comprises the organized sector. A Boston Consulting Group report puts the value of the organized retail sector in India at $28 billion and has penetrated 7% of the country. Over the next decade this is expected to increase to $260 billion with a 21% penetration. The Indian e-tail market is expected to become a $12 billion business by 2016. So, tagNpin is targeting a pretty huge market that can support multiple competitors with good growth opportunities.
tagNpin has a simple pay as you go revenue model. Merchants are charged on the basis of the resources used. “We have few small clients that are testing the product in private beta. Soon we plan to open the product to ecommerce as well as retail chains through multiple marketing channels. We have around 5000 registered users as of now through our partners within a short span of time,” said Siddharth.
“We want to make starting a loyalty program as easy as signing up on Gmail for small merchants. As the Indian market matures, we plan to leverage technologies like QR code and NFC to make the service even more seamless,” said Siddharth, speaking about what tagNpin plans to do in the near future.
They are in talks and have plans in place to expand through multiple channels like direct marketing, agencies and POS solution providers. There is a huge scope for a product like tagNpin to enable associated loyalty programs under one platform. Basically, anyone who sells or enables transactions is a potential tagNpin customer.
We at YourStory.in think that tagNpin is a really promising idea and we will be keenly following their progress.
To find out more about tagNpin, visit http://www.tagnpin.com/
I’m going to read this. I’ll be sure to come back. thanks for sharing. and also This article gives the light in which we can observe the reality. this is very nice one and gives indepth information. thanks for this nice article... baby products
ReplyDeleteThis is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work pool umbrella
ReplyDeleteYou completed a few fine points there. I did a search on the subject and found nearly all persons will go along with with your blog. more info
ReplyDeleteThanks For sharing this Superb article.I use this Article to show my assignment in college.it is useful For me Great Work. more info
ReplyDeleteThe casino will let players gamble in NJ | JTHub
ReplyDeleteJTHub, a New Jersey-based gambling brand, will have 부산광역 출장샵 access to the 제천 출장안마 state's largest 춘천 출장마사지 online 안양 출장안마 casino site, 수원 출장샵 DraftKings.
Payouts are quick however note that a few of their card transactions can incur charges, most of which are only 5.9%, with American Express going as high as 15.9%. There are several of} banking options to choose from|to 1xbet choose from} at Ignition. We love that they've the entire requirements nicely as|in addition to} a couple of of} methods not usually out there like Zelle.
ReplyDeleteLike all games you play against the house in a casino, it is almost impossible to really win in the long term|the lengthy run}. However, video poker offers a few of the the} greatest payouts for a slots-type machine when performed nicely. In reality, when mixed with an excellent casino comp schedule, you'll be able to|you presumably can} actually make a revenue end result of} freebies given out. There are nine forms of video poker that we discovered playable during our go to to Black Hawk casinos. The theoretical payback percentages proven within the following record assume that the player is betting five coins and using excellent strategy. You can easily win the video poker sport Deuces Wild, {as 1xbet lengthy as|so lengthy as} would possibly be} conscious of its primary rules.
ReplyDeleteThis is one awesome blog. Much thanks again. Much obliged.
ReplyDeletegolf umbrella in singapore
The roulette wheel table include installation pointers that offer you excellent directions for optimum efficacy. They boast of versatile rail attachment methods 온라인카지노 that enhance their versatility and recreation vaults designed for high functionality. Accordingly, you are be} assured that your new roulette wheel table will present you the most suitable enjoying in} experiences characterized by degree enjoying in} surfaces for absolute accuracy. In Europe or France, this individual could also be} called a "croupier." In roulette, you do not play with normal casino chips. If you probably did}, how would you understand whose was whose after all the bets are placed?
ReplyDeletetagNpin is a platform that simplifies event planning and organization, much like the comfort of a quilted sherpa jacket on a chilly day. Just as the jacket wraps you in warmth, tagNpin wraps your events in efficiency, ensuring every detail is managed seamlessly, making the experience enjoyable for everyone involved.
ReplyDelete