We can’t set the price of your product for you but by offering a coupon you can reduce the cost of that product for consumers who care.

Coupons increase customer loyalty but the typical paper coupon has a redemption rate of around 1%. SMS and other traditional types of mobile coupons have witness an increase to as much as 15% redemption rates.

MoLo Rewards redemption rates not only exceed paper and traditional mobile coupons redemption rates, but by 2014 NFC redemption rates are predicted to be in excess of 33% across all mobile phones users, with 650 million mobile coupons having been redeemed for a total market value of over $1 billion USD.

Paper, SMS and bar code coupons are great if you don’t mind going through a clumsy and time consuming redemption process with little to zero knowledge of who your customer is, let alone no tracking capability and minimal fraud protection. MoLo Rewards knows exactly who your customer is, what they buy, where they buy it and when. Our coupons are tracked throughout every part of the sales pipeline creating a detailed database enabling your store to customize the shopping experience for your customers and ensuring a fraud free transaction.

Clearly NFC coupons offer a higher redemption value, but what about return on your investment? Traditional coupons, mobile and paper are hit or miss. These coupons require your company to pay campaign fees, monthly fees or some other kind of fee that provides zero guarantees as to how many coupons will be looked at or redeemed. MoLo Rewards provides a 100% return on your investment.