This service is being offered as a product that is also known as GIFTS COLLECTIONS. In here, the customer can group gifts from different friends so that he or she can have a much higher total amount of money in the coupon and has a chance at buying a much more expensive gift. This kind of gifting is very important for the merchant as this opens up the door to replication effects in gifting where there are groups around this core group.
In addition, the power of digitized coupons lies in allowing the people to trade coupons and build their social network that contains coupons information. These social networks are reminiscent of social graphs from today'scommon social media like Facebook and LinkedIn. Coupons lead to more coupons and the rank of the customer increases in the merchant database. This database maintains information about coupons by parameters: value, who sends the coupon, where to cash the coupon, comment, and how long the coupon is valid for. In our solution, we sync up with Facebook and LinkedIn to perform interesting link analysis and provide the merchant with information about whom to offer these GIFTS GROUPS to.
The database that maintains information about coupons sends SMS to the customers every now and then informing the customers about new ideas on how to manage and use their coupons. For example, we can manipulate a coupons set in a customer hand held device as long as we preserve place of cashing.
Thus, if there are two coupons one of a value 100 dollars with a pizza store that cashable anywhere and one of a value of 100 dollars with a jeans store that is cashable only in the jeans store, the customer can merge the coupons and use them in the jeans store for a total value of 150 dollars. The pizza store merchant receives the difference 50 dollars coupon and re-issue this coupon to the customer.
We at BeamGift understand the needs of both the customer and the merchant. Gifts in GIFTS GROUPINGS must be issued from the merchant (chain) to be able to be dispensable, and the total must be below a certain total amount of dollars for a daily purchase. In addition, we enable the merchant to impose a limit on the number of people that can group coupons on day of sales.
There is only one product and then it is customized per user: end user, merchant, and advertising company. Not to forget that GIFTS GROUPINGS is completely different from INSTANT CUSTOMER GIFTING because GIFTS GROUPINGS attempt to bring new customers to the store, and there is a potential for larger amount of money in the gift.
The needs of the customer are equally important. The first important issue that we handle is how to ensure the customer that the coupons are organized. For tracking this issue, we give a customer a 'virtual' wallet that he/she puts these grouped coupons in.
Furthermore, typical coupons are present in the news group, and the majority of people in North America enjoy in the morning and the weekend, the opportunity to clip coupons from the newsgroup. How do we make our product more enjoyable? Our product is a portal in your smartphone. Hence our product is available anytime of the day, 24 hours a day.
Our product is much more enjoyable than the newsgroup coupon. Our digitized coupons arrive from the merchant without space restrictions from the newspaper that apply to coupon postings in the newsgroup. In fact, our digitized coupons in our portal encourage you to spend your money smartly. Associations between different coupons are possible for current and future sales events.
Moreover, digital coupons in online newsgroup are collected by a coupon advertisement company and compiled into a database that notifies the customers of these coupons. This database can also contain the coupons that have not been redeemed and can be reissued by the merchant as notified by the advertisement company.
BeamGift will provide users with a way to make gifting easier, social and geo-targeted. Our platform offer different interfaces for brand owners, merchants and advertising companies with the goal of improving gifting and digitized coupons experience.
