Retailers Can Boost Sales and Engagement Using Smart Receipts from Think Tribe

Retailers Can Boost Sales and Engagement Using Smart Receipts from Think Tribe, updated 5/31/22, 7:06 AM

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Think Tribe Technologies is introducing Smart Receipts, which allow retailers to issue digital receipts and digitize warranties and manuals.

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Retailers Can Boost
Sales and Engagement
Using Smart Receipts
from Think Tribe
Think Tribe Technologies is introducing Smart Receipts ,
which allow retailers to issue digital receipts and digitize
warranties and manuals.
A smart receipt is an intuitive receipt
technology that has the prime objective
of customer engagement with its users
and helps brands and retailers Acquire,
Engage and eventually retain their
customers.
The receipts can be sent to the customer's mobile phone,
WhatsApp, email, and mobile app against purchases.
Zia Manna, Founder, and Director of
Think Tribe says, "Most brands
experience a lower yield or ROI on their
CRM initiatives due to poor data capture
rate and poor customer database and
quality.
What makes smart receipt a game-changer is it provides the brand an opportunity to gather
customer's information and transaction, which drives a higher ROI from the brand's CRM
initiatives." One of the advantages of Smart Receipts is that it is convenient for both customers
and retailers at the same
Steve Raju, Founder, and Director of Think Tribe
says, " Smart Receipts can drastically improve post-
purchase customer engagement for retail brands
through real-time offers that are based on
recommendations by CRMs and e-commerce
platforms that can identify upsell and cross-sell
opportunities.
" While retailers look at ways to improve feedback from customers, major
retail brands like Pantaloons in India have reported a 55% increase in
Feedback Response Rate by using Smart Receipts.
Mallesh Reddy, General Manager of
Think Tribe, says "Smart receipts will
make shopping easier and more fun
with less paper to carry and worry
about warranty or DIY.
Smart receipts provide rewards-driven engagement that enables retailers to target customers
better and engage with them meaningfully." Smart Receipts can also be sent over WhatsApp
and this process has helped Lotto in India to increase data collection by 137% as well as to
improve the efficiency of
If organizations take the lead by ditching
paper receipts to reduce their carbon
footprint, so too will customers, of which
67% would be more inclined to purchase
through a retailer who provides smart
receipts.
Offering an efficient and convenient smart receipt is now
essential for customer retention.
Think Tribe Technologies is one of the
leading Tech Service providers in the
MENA region and is popularizing Smart
receipts in the region to increase
customer engagement and boost sales.
Contact Us At: https://www.think-tribe.com/