What
is IOU?
IOU search inventing
loyalty programs of already existing customers, trying to offer more
advantages, control and flexibility for traders. At the same time, traders can
provide their customers with a higher level of customer satisfaction. This will
be a change in marketing costs already incurred.
The loyalty system
offered by IOU will allow business owners to create new levels of interaction
with customers. In addition, they can also give an opportunity for their
consumers to exchange freely promissory notes in his power, other consumers.
HOW
IT WORKS
IOU offers complete transparency
utilizing Blockchain for its Group Loyalty offers with clear visibility,
security, speed of processing and traceability of transactions through the
decentralized register of all sources.
IOU is Offering
Merchants and Consumers clear advantages over the traditional e-commerce
environment making transactions Cost-Effective and Secure while building
ultimate trust between Merchants and Consumers. Rating mechanism would boost a
trust even further.
Cost-effectiveness of
transactions and global reach of consumers beat the conventional digital
payment methods as it removes the middlemen/payment processors that take a big
cut.
Not only consumers
would feel secure and get significant savings but also, they could use their
purchased IOUs as actual monetary assets which they will be able to trade with
other consumers or sell on the exchange. This is a tremendous benefit of IOU
Platform.
Loyalty factor is
another huge benefit allowing both consumers and merchants to get rewarded for
generating top rated, quality offers and transactions on IOU Exchange.
Merchants and Consumers will be able to donate some IOUs for those in need and
get rewarded for philanthropic activities. The company would also place
donation requests on special causes and would reward Merchants and Consumers,
as well as match such donations to benefit those causes.
I.
FOR MERCHANTS
• IOU-Co Issuance
• Online Store
displaying various Merchant IOUs on range of categories
• Mobile and browser
integration for transfers of IOU offers
• Marketing Campaign
module allowing multi-media and social networking integration
• Consumer Data
analysis such as GPS and Buying Trends
• Various permissions
and roles based on Merchant status to reach consumers
• Analytic Reports on
sales and consumer interaction
• Web Services with
home grown or 3rd party applications
• Rating Tools
• Merchant would also
have an option to Guarantee the Service and issue refunds of payments
• P2P Exchange of IOU
offers between Merchants and Consumers as well as among other Merchants
II.
FOR CONSUMERS
• Purchase IOU-Co
offers from Merchants directly or on P2P IOU exchange
• Exchanging IOU-Co
offers with other Consumers
• Unanimous messaging
system to receive communications from Merchants of interest
• Consumer Profile
Management module allowing consumers to promote their interests and receiving
special offers from Merchants
• Rating functionality
allowing Consumers to rate Merchants as well as other Consumers
• Secure Repository of
purchased and favorite IOU-Co Offers
BENEFITS
FOR MERCHANTS AND CONSUMERS
TOKENIZING MERCHANT
PROMOTIONAL OFFERS ON BLOCKCHAIN
LOYALTY
AND CUSTOMER RETENTION
IOU obligations would
become Flagship Blockchain Loyalty Programs for Merchants, secured and
effective way to promote special offers to Consumers.
IOU
P2P EXCHANGE — MARKET DRIVEN FLEXIBILITY
Consumers would
securely acquire IOU offers from the Merchants with specific terms for the
promotional product or service such as time of expiration, limited quantity and
exchange terms. Such flexibility would give Consumers certain time-frame to
utilize products or services or provide opportunity to trade their IOUs with
other Consumers anywhere around the world.
For example, Consumer A
purchased restaurant IOU in Rome and is traveling to Paris might trade his/her
IOU with the Consumer B who is traveling to Rome for the restaurant in Paris.
We believe many Consumers would choose to purchase multiple IOUs from the same
Merchant if the offer is attractive to have opportunity to trade some with
other Consumers. This approach drives customer satisfaction while giving
Merchants would not only get the opportunity to attract new customers but also
receive their funds in advance.
VIRAL
MARKETING
Each Consumer truly
would become the “agent” targeting other Consumers on P2P exchange seeking to
trade their acquired IOUs with other Consumers based on the need and value at
the time of the transaction. Such approach allows merchants to obtain a stable
influx of new customers and truly loyal customers.
For more information
about the IOU visit:
Website : https://iou.io/
Whitepaper : https://iou.io/assets/pdf/whitepaper.pdf
Twitter : https://twitter.com/iouico
Facebook : https://www.facebook.com/iouico/
Telegram : https://t.me/IOUCommunity
Ann Thread : https://bitcointalk.org/index.php?topic=4845370.0
Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2318176;sa=summary
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