Wednesday, September 10, 2014

Voucher Expiry reminder

My ideas is that voucher inventory, place voucher based on inventory of voucher stock.
Distribute to client before expiry date, Reminder service, make full use of vouchers.

Where did i got the inspiration?
I was talking to Anil Kumar from Jabong(voucher sales marketing head for bangalore).

Remind when voucher is expiring website.

Shop/huge retailer/ecommerce website give voucher to client company.
Company distribute the voucher among employees , partner, clients.

In india alone, 3000 crore voucher business happening.
Minimum voucher set buy: 3k
Maximum voucher invoice/order is 3crore indian rupee.

Voucher value range from 100 Rs to 49k Rs.

Why Shop sell voucher?
Because they get bulk sales, branding, marketing, they can get money before sales is equal to take loan from bank at 10% to 15% rate. They get leaking revenue due to unused , expiry, lost vouchers.

Why companies buy voucher?
They get discounts on huge buying, flexibility to employee in buying things of their like at any time, forward the voucher to some else.

What are the different type of voucher?
Digital vouchers with just code/ printed vouchers(sudex., shopper stop..)
For any product type example clothes, shoes, food, hotels, travel, we can make vouchers

Voucher are one time usage.

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