|Description||Online Retailer marketing|
|Angel, 3/2008 ||$300k|
QponDirect is a Marketing Services and Software Development Company that provides a variety of digital services for manufactures, retailers, and consumers who use coupons. QponDirect provides an online marketing portal to manufacturers and retailers enabling them to produce, launch, manage and track consumer incentive programs using barcode encrypted digital coupons, incentives, and loyalty promotions.
Consumers can use their cell phone or any internet enabled device (IED) as well as their free QCard,QCard both embedded with a unique, secure, QDID that will enable the consumer to access and redeem their coupons at the retailers point of sale or checkout counter.
QponDirect generates income by charging a campaign setup fee to manufacturers (or retailers for loyalty programs) for the production, management,production and distribution services related to the individual digital campaign. QponDirect generated 90% of its revenue by charging a transaction fee only at the time the coupon, incentive, or loyalty promotion is redeemed by the consumer at the retailer checkout.
Its basic service will be free for consumers. A “premium” consumer service scheduled to deploy in 2009 at $3.99 per month will be available for specialized offers from specialized retailers, and GPS services.