Loyalty and rewards programs are a rage in this day and age of marketing one-upmanship. For several years now, these programs have been monitored and delivered in a variety of ways. Coinciding with the growing popularity of smartphones, smart developers have begun to disrupt this market by creating fairly simple apps but adding far greater convenience to the consumer.
Vividways has been one such smart developer, operating in the niche health and pharmaceutical sectors and holding contracts worth $2 million. The mobile apps Vividways has developed helps retail pharmacies engage with patients while delivering everyday marketing campaigns, including functionality such as a store locator, online catalogues, up-to-date pharmacy-related news, promotions and loyalty programs.
Blue Chilli, the incubator and “venture technology” firm, last week acquired the Rose Bay company for an undisclosed amount.
Why Blue Chilli – which has created the unique proposition of offering technology expertise, rather than finance, to new ventures– chose Vividways as its first acquisition is clear when you hear what the startup’s founder Paul Williams had to say.