I welcome everyone to my channel, today I want to tell you about a startup called MOZO, which has already raised 31 million dollars and smoothly approaches Hard Cap, which is likely to happen. 38,000 stores are already working with the Mozo project and the company's forecast to expand more than 300,000 outlets in 3 years. How they will do it, I'll tell you now.
The problem with the current trading is that the loyalty system (bonus program) works very poorly, and customers often do not use their accumulated points. If you buy a product from one retailer, then the bonus is accumulated in their store, and the average buyer has a huge number of points in different trading points and accordingly has a huge number of bonus cards, which he remembers either when the bonuses burn or does not remember at all. And so the profit of many outlets is reduced, forcing them to close, and they are replaced by online stores, in which you just need to make an order by press the button on the desired product and he will come to your home. And the company MOZO will solve this problem by creating an ideal loyalty program that will once again interest its customers to increase traffic in retail outlets.
MOZO is an intermediary between the seller and the buyer, and thanks to the mobile application you will perform the task, which will be installed by the seller and upon completion of the task you will receive bonuses in the form of MOZO tokens, which will contribute to good sales and return of outlets. The job will be completely different, ranging from the fitting of the product ending with a tasting. The whole system will work through smart contracts, which will strengthen the relationship between the client and the seller, as they will not be able to deceive each other.
A huge plus is that if you get bonuses in one store, you can easily send them to another store, which is respectively tied to the platform MOZO. You can also exchange your MOZO tokens for Bitcoin or Ethereum, or even transfer them to Fiat money. Thus, the client will finally be able to feel and use their bonuses, which will motivate him more than traditional methods.
But that's not all the advantages of this company. MOZO was able to combine the Mozo APP app and the Ios sensors Bluetooth Low Energy Beacons, which installed on the ceilings of physical stores and smaller sensors called iStickers. This technology will allow you to mark the goods, and the mobile application will be able to detect them, providing the client with complete information about the product, its technical characteristics and the price that you can easily compare with other outlets online and offline, as well as to purchase goods in these stores using the mobile application.
Thanks to MOZO purchase of goods will turn into a real pleasure, completing tasks and getting bonuses for it, you can turn the purchase of goods in the quest and successfully perform them. I would now like to play this game that would bring me not only the benefits but also a huge interest, so will increase traffic in retail space, and as you know this is the main component to the implementation of any trading business.
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This publication is for informational purposes only. The article should not be considered as an investment recommendation or advice. Readers of this review article should make decisions based on their own judgments, taking into account the financial circumstances, the purpose of investment and the risk limit before investing.