Matchpin enables businesses to create and manage offers, rewards, contests and announcements formatted for and fully redeemable on location-aware smart phones. We have built the first end to end platform for offer redemption and loyalty rewards on mobile devices. Consumers view promotions from their favorite local businesses on the most relevant medium for them (their mobile device) and engage with the promotions easily – redeeming offers and loyalty rewards using only the mobile device (no printing coupons or looking up serial numbers). Business owners, instead of collecting physical paper coupons to track redemptions or stamping loyalty cards to track visits, can now log in to their account or get an email to track campaign results.
Online lead generation has long since perfected the CPA (Cost Per Action / Acquisition) model. We are introducing offline businesses to the CPA model of lead gen; businesses only pay when a customer walks into their store and redeems an offer.
We believe that 3rd party deal providers can highly leverage our redemption platform and promotion management tools. We are partnering with deal-a-day providers to bring their deals to the Matchpin network.
Download our free iPhone app at www.tinyurl.com/matchpin
SeedMay 25, 2011$250,000