Repeat is the world's first smart loyalty platform for restaurants that dynamically rewards customers for their frequency and spend.
The Dubai-based tech startup has created a win-win solution for both merchants and consumers. Repeat helps restaurants increase their revenues while giving targeted and tailored rewards to their most loyal customers.
Repeat is the world’s first to apply the principles of dynamic personalized pricing to the F&B industry. It’s a unique, app-based and always-on marketing solution that promotes restaurants and helps bring customers back sooner by offering tailored rewards based on frequency and spend.
Omer Gurel, co-founder of Repeat said: “Since going live in Q1 this year, we have already onboarded more than 400 outlets on our platform and increased our clients’ revenue by an average of 25% for all transactions going through the app.”
Some key clients include Nando’s, California Pizza Kitchen, Yo Sushi, Burger Fuel, Circle Café, Projeto Acai, Max’s, Yugo and Mizu. Repeat is on track to reaching its target of having over 2,000 F&B UAE outlets listed on its platform by the end of 2020.
Gurel added: “The F&B sector has embraced Repeat and the pace of adoption is very fast because we are the only app in the world which offers merchants the flexibility, insights and control they need, unlike other voucher or discount-based programmes which do not build loyalty, distort the value proposition of the restaurant and cannibalise their margins.”
With Repeat, merchants gain access to customer data, have full real-time control of their public profile and enjoy complete freedom to customise or adjust their individualised incentives programme any time they want.
Restaurants in the Repeat programme are free to increase or decrease any time the frequency and spending thresholds that determine the loyalty level of their own customers.
This is not the case with other loyalty programmes which enforce the same rigid structure upon all outlets.
“Our vision is to become the personalised pricing service for everyone everywhere, a loyalty platform with universal applications that will branch out to other hospitality sectors as well as beauty salons, spas and other lifestyle related services,” said Gurel.
“Our ambition is to transform the global loyalty management market currently growing at a CAGR of 23,3%.”
-Ends-
About REPEAT
Based in Dubai Media City, Repeat is the world's first smart loyalty platform for restaurants that dynamically rewards customers for their frequency and spend. It offers a unique, app-based and always-on marketing solution that promotes restaurants and helps bring customers back sooner by offering tailored rewards based on frequency and spend. It allows end users to get better prices by going back sooner to their favourite restaurants.
For media information, please contact:
George Kotsolios
E: george.kotsolios@leidar.com
M: +971566764633
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
