Gift Jeenie shoppers get the benefit of being able to create a Wishlist. You might see things you like and never remember where you found them. Gift Jeenie catches all the things you like, across multiple retailers. Gift Jeenie users, can share their Wishlists with friends and family via their preferred social media channels. Loved ones can view these lists and give the gift they know will be cherished.
For retailers that want to be a part of the Gift Jeenie eco-system, get insights and understanding into a shopper's intent. With Machine Learning operating in the background, the app learns a consumer's behaviour. It will tailor deals and display products the consumer would be most interested in, increasing conversion rates.
Loyalty remains a big challenge for both retailers and users. For retailers, it's user retention. For users, it’s the inability to use their loyalty points across multiple retailers. Blockchain technology can be leveraged to reinvigorate customer loyalty programs by offering users the ability to redeem rewards with any e-retailer. (Deloitte, 2018)
Gift Jeenie is looking to solve this challenge by building one of the first cash-back programs built on blockchain in North America. We already have the users and retail partnerships in place, and we are leveraging blockchain to monetize our user base.
The retail industry is already looking to move in this direction. Japanese eCommerce giant Rakuten announced earlier this year their intent to convert their $9 Billion loyalty rewards portfolio into blockchain-powered rewards (TechCrunch, 2018). It is speculated that Amazon will make a similar announcement later this year. (Bonner and Partners, 2018)
Loyalty programs are ripe for a disruption and through our use of Blockchain and AI, Gift Jeenie will provide just that. Gift Jeenie already has an exciting number of users and traction. We are looking to continue our growth by changing the online retail marketplace by building one of the first cash-back programs in North America powered by blockchain.
The proceeds from our current raise will be leveraged to continue development of our key Blockchain & AI elements.
Gift Jeenie Corp. (a Canadian entity, distinct of Gift Jeenie USA) has built the first phase of the Gift Jeenie platform. Moving forward, Gift Jeenie Corp. (CDN) is restructuring under Gift Jeenie USA. Gift Jeenie Corp (CDN) will focus on developing the Gift Jeenie software platform, and Gift Jeenie USA Inc will take over sales, marketing, partnerships, strategic relations and revenue generation for North America. In the meantime, a license was granted to Gift Jeenie USA for use of Gift Jeenie Corp's intellectual property, including the app. This is due to the fact that our user base and partnerships are primarily based in the US. The focus is to grow the Gift Jeenie team & operations to support our growing US presence.