REGET INCENTIVE SYSTEM
- Posted on in Business
ReGET is a retail solution that aims to increase sales of retail outlets multifold within very short span of time.
ReGET is a shopping loyalty programme that aims to retain existing customers and attract numerous new customers.
For consumers ReGET means zero expenditure as this incentive system repays their entire shopping expenses. Hence the name ReGET.
ReGET may be called a Joint Marketing programme because ReGET ties together numerous shops and customers into a single common incentive pool.
In ReGET system, retail stores have to register themselves as ReGET network outlets.
Retail outlets buy ReGET gift coupons available at multiple denominations and give to their customers as promotional gifts.
These ReGET gift coupons carry gift points that get register in our proprietary ReGET software.
The software distributes incentives to customers on seniority basis so that all customers redeem their money in a systematic manner.
Since the customers’ shopping expenses become zero, ReGET is a Zero-Expenditure Plan.