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Belly CEO Logan LaHive on creating digital loyalty programs for small and medium-sized businesses.
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-- -- that reading okay.
Sometimes.
Loyalty pays off my next guest company.
Jeff obtain ten million dollars in venture capital funds from the market increasing guys to help boost its digital loyalty -- -- joining me now for this week's small business.
Big ideas.
-- -- high founder and CEO of belly.
A cut -- -- it won't rewards and service provider.
Logan I'm a little offended that they assigned to me.
-- for a company named -- to go ahead and tell us what you guys do.
He had no problem.
You know it's it's constant joke for me as well but it gives me great excuse for -- perhaps not having a watch my diet marketing.
But barely.
We create -- -- loyalty programs for small and medium size businesses.
So -- essentially we help business is replaced by -- get one free punch cards with a fully digital solution by providing them an iPad for their store.
In creating complete custom and -- rewards for their business and they got 200000 users and you've been up and -- -- about nine months or so.
So in -- -- of 900 million -- but it doesn't sound stunning.
How many users you want one year from now.
Yet worlds are 200000 user users that are signed up in our stores of these are people that have come.
Into one of the belly merchants gotten one of our physical belly loyalty cards are -- -- are -- And checked in in over 60% of those customers 65% actually have gone back to our stores so while -- you know our numbers are growing -- new -- -- growing quickly we're incredibly impressed with the amount of activity that we're seeing in our locations and people that are coming back more more often OK tell us what you what you guys do that Groupon doesn't do visit this belt and suspenders.
-- you know for us we focus on loyalty and retention so you have it.
The real key drivers for small business revenue is really about how -- in your most loyal customers come back.
So we focus on capturing those customers making sure the businesses have engaging relationships with the customers making sure -- customers come back more often.
And making sure the businesses have the ability.
To really have the communication tools to be able to top more frequently in creating gauging relationships with their customers -- we gotta go thank you -- their BS six fact in your future Logan heights CEO of the.
