What Is Gagapay?

Gagapay is providing investors with an opportunity to invest in its smart marketing platform. The blockchain-based platform can be used to create bounty programs, referral marketing, loyalty rewards, network, and affiliate marketing programs that are powered by the smart contracts.

Many new businesses fail because they do not take time to build a customer base of their own. Customer acquisition is something that many companies choose to ignore, despite the fact that it is a very vital element for businesses that want to succeed.

Why is it that many companies often fail within the first year of starting their operations? The answer is simple: customer acquisition is not cheap. The Entrepreneur’s website states that the cost of acquiring new customers can be equated to the money spent on advertising the company, as well as marketing its products and services.

While many large companies can be able to budget for such tasks, many new startups are not in a position to do so. In reality, many small companies will normally be short on funds. Marketing is, therefore, the first area that loses big when the management is budgeting for the available capital.

These programs have proven to be instrumental in terms of bringing in new customers to the business. But this does not mean that the programs are cheap. Many such programs can cost the company tens of thousands of dollars to initiate. In addition, they can take up to nine months before the company can see any value.

This is also very important when it comes to marketing any one company. These programs are recommended for industries that have high customer numbers. Studies show that the average American household takes part in up to fourteen different loyalty programs in a year.

Although these programs have been seen to be beneficial to the company, they still require a huge chunk of money. This is likely going to be an issue to a business owner who is just starting out. Often, you will find that the costs required to run the programs tend to be untenable for them.

Gagapay is here to provide businesses with answers to these questions. The solution comes in the form of its Gagapay Network. It will provide a clever solution that will make use of NEO smart contracts, the blockchain, and distributed ledgers to provide business owners with a simple DIY solution.

The business owners can use it to easily set up and manage loyalty programs, affiliate programs, bounty programs, as well as referral programs whenever they feel the need to. By using this solution, they will be able to reduce their marketing and advertising costs by up to ninety percent.

In addition, they will not need to invest in learning how to structure loyalty marketing programs. The smart contracts are going to be set up in such a way that it will not be difficult for the business owners to input variables or even answer simple questions.

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