Blockchain start-up Gagapay Network plans to make smart marketing programs affordable and practical for small and medium-sized businesses. This is reported by the popular resource Cointelegraph.
The creators of Gagapay Network believe that word of mouth is one of the most powerful tools for creating a loyal customer base. According to the analytical company Nielsen 89% of buyers trust the recommendations of people more than anything else.
Moreover, Gagapay Network notes, too few companies use this method because of a lack of understanding of which strategy will bring the best result or lack of people to manage and control this activity.
In the whitepaper the team refers to a study that says that 75% of companies consider referral programs to be the cheapest way to attract new customers, and 78% say that customers attracted in this way are "more loyal".
Gagapay Network intends to combine partnering, referral, and network marketing with loyalty programs and encouraging customers into one network through the SaaS platform operating on the basis of smart contracts and blockchain NEO. The developers hope that their product will remove barriers for young companies that prevent them from developing.
Gagapay Network is aimed at enterprises of different sizes. The company intends to offer all three levels of membership. The system, working on the principle of drag-and-drop, should simplify the creation of individual programs. In addition, several companies can be managed from under one account.
An open platform will connect market participants with these companies filtering them by industry, region, and remuneration. Gagapay Network believes that smart contracts have the potential to eliminate trust problems as they will ensure timely distribution of rewards and accurate registration of new referrals.
To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://gagapay.network/ and read the whitepaper: https://drive.google.com/file/d/1db_Wvj7Hh2wh8vRiI2n6JTCzMIsOvCLS/view
Official group in Telegram: https://t.me/gagapay_network
Official Twitter: https://twitter.com/GagapayOfficial
Official Facebook: https://www.facebook.com/GagaPaybtc/