16:54:25 EDT Thu 03 Apr 2025
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Snipp Interactive Inc
Symbol SPN
Shares Issued 286,113,829
Close 2025-04-02 C$ 0.07
Market Cap C$ 20,027,968
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Snipp renews loyalty program partnership with client

2025-04-02 16:25 ET - News Release

Mr. Richard Pistilli reports

SNIPP INTERACTIVE ANNOUNCES SIGNIFICANT SIX FIGURE RENEWAL WITH THE EUROPEAN HEALTHCARE DIVISION OF A LEADING AMERICAN MULTINATIONAL CONGLOMERATE

Snipp Interactive Inc. has renewed its loyalty program partnership. This renewed three-year contract will continue to support the client's efforts to engage and retain orthodontic health care professionals across five key European markets: the United Kingdom, Ireland, Italy, Germany, France and Spain.

Snipp has been powering this program for the past three years, enabling the client to strengthen relationships with orthodontic professionals who purchase its products through dealers and distributors. By fostering brand loyalty, incentivizing purchases, and gathering critical consumer data and insights, this initiative has become a cornerstone of the client's customer retention strategy. The program is designed to reduce customer churn, encourage repeat purchases and position the client as the preferred choice for orthodontic professionals.

Through the program, orthodontic health care professionals can register and view their discount plan and points earned on quarterly purchases, which can be redeemed for exclusive promotions. Additional engagement opportunities include earning points by referring a colleague. Participants also benefit from access to a suite of business tools and educational resources, such as:

  • Links to professional development courses covering business management, on-demand webinars, social media strategies, and well-being content for themselves and their teams;
  • Discounts on products;
  • Insights into maximizing the use and benefits of client orthodontic products, helping them make informed decisions about their purchases;
  • A user-friendly dashboard to track points and redeemed rewards, providing a seamless experience for participants.

This continued collaboration underscores a shared commitment to fostering long-term customer relationships and driving growth through innovative loyalty solutions. By leveraging Snipp's expertise in customer engagement and data-driven insights, the client will further refine its personalization strategies, reduce customer churn and solidify the position as a leader in the orthodontic health care market. Additionally, the program will continue to provide valuable data on purchasing habits, enabling the client to develop targeted marketing efforts and enhance customer experiences.

"We are thrilled to extend our partnership with this client for another three years," said Atul Sabharwal, chief executive officer of Snipp. "This program has demonstrated significant success, and we are excited to continue delivering innovative solutions that drive customer engagement, data-driven insights and long-term brand affinity. Our technology and expertise will further empower building strong relationships with customers and reinforcing our client's position in the market."

About Snipp Interactive Inc.

Snipp is a leading platform-as-a-service company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCare (customer acquisition, retention and engagement) platform allows its marquee list of Fortune 500 clients and world-class agencies and partners to use various modules of the platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that are invaluable in providing insights to drive sales. SnippCheck, the platform's receipt processing module, has established itself as an industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLoyalty, the platform's full-scale modular loyalty engine, allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippRewards, the platform's modular catalogue of digital and physical rewards, provides clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWin, the platform's gaming module, solves the implementation and compliance difficulties of offering games of chance and skill on a global basis, and allows the global deployment and administration of legally compliant games of chance and skill.

Snipp is headquartered in Vancouver, Canada, with a presence across the United States, Canada, Ireland, Europe and India. Snipp is publicly listed on the TSX Venture Exchange in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

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