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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Mopals.com, Inc.    PALS


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Mopals : Why Spend Millions of Dollars When You Can Have It for Free

07/08/2015 | 08:00am EST

TORONTO, ON--(Marketwired - Jul 8, 2015) - Today, big box retailers are spending billions of dollars on customer loyalty programs, big data and new technologies to better understand consumer behaviors, trends, and new ways to engage their shoppers. Specifically, one breakthrough solution in technology attracting retailers are "beacons" which are coin-sized portable devices that can transmit location information to smartphones via wireless Bluetooth signals. Beacons can be used for everything from in-store analytics to proximity marketing, indoor navigation and contactless payments, and companies who can afford to deploy them are investing billions of dollars per year to compile a wealth of data and analytics about consumers to remain current. As a result, large corporations are creating a huge gap in the marketplace, making it nearly impossible for approximately 30 million SMEs across North America to compete.

Statistically, in the United States, SMEs have generated over 65% of the net new jobs since 1995 and approximately 543,000 new businesses are started each month, while more employer businesses continue to shut down each month1. In addition, over 50% of the working population (120 million individuals) works in a small business1. Up until now, it had been impossible for small and medium sized businesses to compete with the data mining resources retailers like Walmart and Macy's are using. The majority of SMEs depend on old business models such as punch card loyalty or expensive programs with outdated technology. However, a new startup is making strides with beacon technology and big data to provide a cost-effective way for SMEs to level the playing field.

Enter MoPals, the world's first completely free loyalty suite for businesses of all sizes. Alex Haditaghi, CEO of MoPals, says, "We realized with the introduction of beacons, mobile technology and big data, it's never been harder for SMEs to stack up against Fortune 500 companies." Therefore, in the same way Shopify or Etsy has created an affordable way for SMEs to set-up e-commerce shops, MoPals has developed a unique way for businesses to engage and gain insights into their consumers, and more importantly, deliver rewarding and convenient shopping experiences to them.

In conjunction with the MoPals loyalty app, businesses equipped with MoPals' Beacons can send exclusive offers directly to customers within a distance of up to six hundred fifty (650) feet, gather relevant customer data, plus redeem offers and reward customers automatically by scanning their unique bar code.

For example, think about a customer who is in the market for a new laptop. He/she walks by an electronics store and receives an offer for 25 percent off a brand name laptop. The customer automatically purchases the offer using their MoPals app and gets rewarded by the merchant when they come in to redeem the offer. The process satisfies both the customer and the business' objective, and it's all possible with the help of MoPals Beacon technology.

Mr. Haditaghi explains, "Business owners might think that 'FREE' means they'll get a second-rate program with expensive add-ons to receive the full value package, but that's not the case with MoPals." Businesses that sign up for the MoPals program receive the most sophisticated and powerful platform available to date, inclusive of a comprehensive suite of tools, including beacons, customer analytics and insights -- at no cost. The platform also allows business owners to manage and control the entire suite from the comfort of their smartphone. There are no set-up fees, monthly fees or long-term contracts. It's just like the saying goes, "The best things in life really are free!"

To learn more about MoPals' free loyalty program for businesses, visit https://www.mopals.com/MoPals-Business-Brochure.pdf  

[1] Nazar, J. (2013). 16 Surprising Statistics About Small Businesses. Forbes. Retrieved 6 July 2015, from http://www.forbes.com/sites/jasonnazar/2013/09/09/16-surprising-statistics-about-small-businesses/

MoPals.com, Inc. (OTCQB: PALS) is a publicly-traded company and beacon-enabled loyalty rewards program. MoPals' mobile-based, big data-driven platform provides its members with exclusive offers and gives them up to 25 percent back in rewards for making purchases at participating businesses. MoPals members also earn rewards for engaging in a number of social media activities such as: sharing photos, writing reviews and recommending businesses to their friends.

For more information, visit www.MoPals.com.

This press release contains forward-looking statements as define within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

© Marketwired 2015
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