The Loyalty Revolution: Gabro Will Change the Way You Spend Your Money

The Loyalty Revolution: Gabro Will Change the Way You Spend Your Money

Blockchain News Technology Tokens
08/10/2018 by admin
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What does a loyalty rewards program mean to you? Many people commonly associate them with that plane ticket you just redeemed, or that new Macbook you were able to get with all your points. But truth is, that common knowledge is not actually common. Seventy-eight percent of customers are not satisfied with their loyalty programs
WhatsApp Image 2018-08-11 at 04.48.29 (1)

What does a loyalty rewards program mean to you? Many people commonly associate them with that plane ticket you just redeemed, or that new Macbook you were able to get with all your points. But truth is, that common knowledge is not actually common. Seventy-eight percent of customers are not satisfied with their loyalty programs because they just do not work. What does that mean? Well when you end up with unsatisfied customers, it defeats the purpose of the entire concept.

This $500 billion dollar industry is just sitting idle as consumers continue to become frustrated with their results. Loyalty programs are supposed engage their customers, boost economic activity, and increase overall consumer contentment. But when all consumers get is “not enough points to redeem” or “sorry, your points expired” people begin to question “is this even worth my time?” And without hesitation, Gabro steps in to say yes, yes it is.

There’s too much potential for beneficial change that we couldn’t stand by, to watch it go to waste. The loyalty rewards industry is in desperate need of reform and Gabrotech takes the initiative right away. We offer a 6-in-1 solution that will make consumers’ lives simpler and more efficient. By introducing our Gabro Token (GBO), consumers can trade in the loyalty points from all their loyalty programs for GBO, which can then be used to redeem the goods that they desire.

GBO acts as the medium of exchange while Gabrotech stands to be the one stop shop to hold all your loyalty programs together. Not enough points no worries, users can convert idle points from one program to top up another for redemption. Not enough points back to the consumers, well GBO will increase in value over time, making this an investment worth taking advantage of. We can even convert your idle points into existing GBO or fiat currency, meaning real cash that you can spend at the store.

“It’s rare that you find an opportunity like this, where your ordinary actions become a catalyst for extraordinary change. Precisely why we must take an initiative and make Gabrotech the loyalty ecosystem of the future.“ -Chairman, Andy Chen

In addition, the introduction of the revolutionary Multi Currency Conversion Engine allows for the exchange of different loyalty points for their respective value in GBO, as well as their real time market value in fiat currency.

The abundant amount of merchants participating in the Gabro ecosystem will create an environment where consumers will finally be content and put their loyalty points up for redemption. This engagement will not only encourage consumers to continue with their merchants, to keep the good times of redemption, but also influence others to join, which would in turn expand and increase activity within the Gabrotech ecosystem.

Adding blockchain just makes the process simpler, more cost efficient, and transparent, meaning a more satisfying and less frustrating experience for consumers and their loyalty programs. A consumer does not become loyalty or take benefits from their loyalty program until their points are actually redeemed, so what good is it to collect all those points just to have them go to waste. The ambition behind the Gabrotech platform is to take this abandoned $500 billion dollar industry and put it to use while generating a positive impact for consumers.

Be a part of the change!

Join our Telegram chat for up to date news: https://t.me/Gabrotech

Check out our Website for more information: https://gabrotech.io

Purchase GBO now!

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