Earlier this year, Spendgo achieved a big company milestone and passed 1 million member signs-ups. Three months later, another half million members have signed up to our loyalty platform. We’re happy to announce that Spendgo now has a network of over 1.5 million members.
What’s more, we are thrilled to also see our national client Jamba Juice celebrate their achievement of enlisting over 1 million Jamba Insider Rewards members. In just a short amount of time, the restaurant retailer has proven how to smartly leverage emerging technology to keep consumers loyal and engaged.
At a time where other check-in companies are averaging under 500 loyalty members per store, Spendgo nets 3,000-4,000 members per participating location. It’s no wonder that our loyalty program adoption rates make up an impressive 15% compared to the industry average rate of 4%. Happy members and even happier brand clients are the reasons why we stay committed in offering the best, most versatile loyalty experience platform.
We were always confident that Spendgo would be warmly received by consumers, brands and merchants alike. We offer the smartest solution in tackling a marketer’s biggest gripe – the advertising attribution problem. “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Spendgo links SKU level purchase data with an actionable customer ID from 98% of point-of-sale systems, making our program compatible with in-store, online and mobile payment platforms. Simply put, Spendgo delivers on the marketer’s Holy Grail: a closed redemption loop with a measurable ROI.
We still have a lot of work to do. But we want to take this time to thank everyone that has helped us become the fastest-growing loyalty program that’s 1.5 million members strong. It’s probably time to get more balloons.