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What is Rewards Network?

Rewards Network partners with top loyalty programs around the world to attract full-price customers to your restaurant. Our dining members accrue rewards from esteemed travel and retail brands for every dollar they spend at your establishment, which removes the necessity for discounts or special promotions. We provide reward currencies from the leading airlines, hotels, and retail companies, incentivizing our exclusive community of 20 million dining members. These members typically spend an average of 24% more than standard customers at our 17,000 participating restaurants. Furthermore, their annual credit card spending is 2.5 times higher than that of the average consumer. Members are also more inclined to submit verified online reviews and revisit restaurants 20% more often when they receive acknowledgment from a representative. In contrast to conventional loyalty programs, Rewards Network encourages its members to enhance their spending rather than simply redeeming offers. You only incur costs when we successfully attract full-price visitors to your venue, making this a risk-free investment for your establishment. This innovative approach guarantees that your restaurant experiences increased traffic while nurturing stronger connections with a loyal dining audience. In addition, our model fosters a vibrant community that supports local businesses and enhances customer satisfaction.

What is Off-price Solution?

The off-price retail industry is experiencing rapid growth, raising questions about its meaning and the key elements behind its success. In this brief overview, we will delve into the off-price retail concept and highlight the factors that make it appealing to both brands and shoppers. INTURN emerges as the only inventory optimization platform that allows brands to successfully sell off slow-moving and surplus inventory to retailers, enabling them to recoup cash more swiftly. By utilizing our innovative solution, you can significantly enhance your off-price business operations. Brands often face the challenge of excess inventory that does not sell at full price or even after markdowns in traditional retail, prompting them to seek strategies for monetizing this surplus to maintain healthy cash flow and sustain their operations. As a result, many brands turn to off-price retailers, who purchase these excess goods at deep discounts, often between 40% to 60% below the wholesale price, and accept whatever terms are available for these surplus items. This relationship not only aids brands in moving their inventory but also provides off-price retailers the opportunity to deliver enticing deals to cost-conscious consumers, creating a win-win scenario for all parties involved. As the off-price sector continues to thrive, understanding these dynamics becomes increasingly important for those looking to navigate this evolving market.

Media

Media

Integrations Supported

Integrations Supported

SAP Store

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Rewards Network

Company Location

United States

Company Website

www.rewardsnetwork.com

Company Facts

Organization Name

INTURN

Company Location

United States

Company Website

www.inturn.com/off-price/

Categories and Features

Customer Loyalty

Not specified

Restaurant Marketing

Not specified

Categories and Features

Retail Management

Not specified

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