Snipp Enters German Market with Global Deal Valued at Over US$500,000

Snipp Interactive (TSXV:SPN), a global provider of digital marketing promotions, rebates and loyalty solutions announced that it has received a three year geographic market expansion agreement from one of the world’s leading manufacturers of beauty products.

Further, the company’s global deal values stands at US$550,000.

As quoted in the press release:

This new agreement covers the further geographic extension of a brand program into the EU. Under this agreement Snipp will roll out the program where consumers earn loyalty points from their purchases made at any retailer, simply by sharing their receipt. Snipp’s receipt processing technology is integrated into the Brand’s websites via widget and registered consumers can upload their purchase receipt online or via e-mail. The Customer is working with Snipp to meet the needs of their consumers via our “best in class” technology and also for Snipp’s ability to provide actionable data from the receipts collected. The data allows them a deeper understanding of consumer purchasing habits and preferences.

“We are very excited to have signed this new agreement marking another expansion of a program across geographies and to receive this strong vote of confidence from an existing client,” commented Atul Sabharwal, CEO and founder of Snipp. “Snipp has been working with this premier beauty brand to truly support their global growth – helping them build meaningful consumer relationships and gather critical data that can be used for marketing and brand development. We look forward to working with more of our multinational clients as they recognize the global applicability of our platform to drive improvements in sales and consumer engagement.”

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