The shopping techniques have undergone a sea change over the years. From the friendly neighborhood store, we have graduated to departmental stores, malls, eCommerce shopping and today, mobile shopping. The competition is intense with each player trying to entice customers with attractive rewards programs, discount offers, and so on.
Problems customers and merchants face
Honestly speaking, how many people benefit from these rewards points? The trend today is that people do not enjoy the full benefit of these rewards. These rewards points have a lot of limitations as far as their redemption options are concerned. Therefore, people usually prefer to forfeit the points rather than using them. The merchants have a different set of problems. They face intense competition from fellow merchants. They also have to contend with a lot of expenses such as bank fees on credit card acceptance and PoS devices, and so on. Developing an app is also an expensive affair. What is the solution to this problem?
SUBAJ – The Solution
Imagine if you can list out your business on a mainstream shopping and rewards app having a considerable user base backed by hundreds of other merchants? Will that solve the problem? Yes, it will. SUBAJ will make it possible. Using the technology of Artificial Intelligence and Augmented Reality, SUBAJ aims to bring comfort to both the merchants and customers.
How is it possible? – The role of Blockchain
The blockchain technology is revolutionizing the way people do shopping. In the ordinary course, people go out in search of products. They search, compare, evaluate and decide whether to buy or not. The advent of the Blockchain technology has changed everything. Today, the products come searching for the customers instead of the other way around. There is no need for customers to search for their products. They can find the products they need, popping up on their camera-enabled smartphones at regular intervals. Customers can now interact with the merchants directly in a transparent manner and get information in real-time.
The role of SUBAJ
SUBAJ plans to introduce a real value backed loyalty program to the customers every time they shop. Instead of reward points, they get crypto tokens with real value. SUBAJ tokens offer real tradable assets to the customers. SUBAJ aims to build the biggest global shopping network that includes retailers, merchants, businesses, and companies thereby enabling the customers to enjoy the benefits every time they shop. The advantage of this network is that the customers can trade their SUBAJ tokens for goods and services at any other merchant store. It is a revolutionary concept never attempted before. For example, customers can redeem tokens received from airlines companies on booking air tickets at bakery shops to buy cakes to celebrate their birthdays. SBJ is the centralized token that powers the entire ecosystem.
The formation of a global community of merchants drives value to the SUBAJ tokens thereby benefiting the customers by providing a revolutionary shopping experience. SUBAJ is also launching a mobile app in July 2019 with the aim of connecting this platform to millions of customers and businesses.
Advantages of the SUBAJ token
· Benefits to merchants
a) In today’s scenario, merchants have to sacrifice the most to attract customers. With SUBAJ tokens, merchants will enjoy better benefits that not only help in generating higher revenue but also get rewards every time the use the Blockchain platform.
b) Merchants can also use the SUBAJ patented geo drop technology that allows them to target their customers within a specific geographical zone.
c) The merchants can be visible to millions of customers who use the SUBAJ app.
d) Merchants will also be able to launch their products on the SUBAJ’s augmented reality app and be visible to all customers within a radius of 100 meters.
e) The increasing value of the SUBAJ token can enable the merchants to accept SUBAJ coins as legal tender.
· Benefits to customers
a) Instead of rewards points, customers will get SUBAJ tokens that are redeemable at any location within the global community. There is no restriction on the redemption of these SUBAJ tokens.
b) The SUBAJ app will make it possible for the customers to order their goods from anywhere in the world and enjoy the various benefits offered by the global community of merchants and businesses through the app.
SUBAJ is going to revolutionize the way people do mobile shopping today. The token-based reward and loyalty program will prove to be a benchmark achievement in mobile commerce.
Read the white paper here.
Media Contact:
Name: Adebayo Surakatu
Email: info@subaj.com
Website: https://www.subaj.com/
Telegram: https://t.me/subajofficial
Media Contact
Company Name: SUBAJ
Contact Person: Adebayo Surakatu
Email: Send Email
Country: Germany
Website: https://www.subaj.com/#/