Saturday, August 26, 2017

Springbig Cannabis Dispensary Marketing Engine

springbig
Cannabis Dispensary Marketing Engine

Founded in 2012, springbig’s software as a service (SaaS) model has positioned itself to be a leading provider in customer-loyalty and communications solutions. Now focused on the fastest growing industry in the US, springbig has been servicing its proven loyalty marketing experience and powerful suite of marketing tools directly to legal medical and recreational cannabis dispensaries. With customers across the United States, springbig is helping dispensaries keep their customers connected and engaged while allowing them to track their success and ROI in real-time.
A new source of revenue for cannabis dispensaries. Capitalize on proven technology to boost customer loyalty at cannabis retailers.

Solving Big Problems with springbig
A new source of revenue for cannabis businesses

The number of dispensaries and brands servicing the industry is growing at an annual rate of nearly 30%. Yet, they are virtually untapped for a sophisticated yet easy-to-use marketing platform that can help them connect with customers and grow their profit. spingbig offers a suite of digital services that help create additional revenue that wasn’t previously available otherwise.

Leveraging Data For Dispensaries & Brands
springbig takes data and turns it into cash

Check-In

Capture and collect customer data directly from tablets, easily review visits, engagement, and loyalty.

Loyalty

Rewarding the most loyal customers to create a high retention rate and positive consumer shopping experience.

Targeting

Easily and instantly send targeted messages based on customers interests and preferences directly.

Easy Software Integration
Integrate with any POS system or data collection program

springbig is currently partnered with LeafBuyer and Dispensarly. LeafBuyer is a leading customer acquisition tool for dispensaries and Dispensarly is a leading reviews tool for dispensaries. springbig has a robust and easy to integrate API with any partner in the space.

springbig Customer Growth

With an approximate 7,000 dispensaries nationwide, springbig currently has 92 dispensaries boasting over 95,000 individual customers who use the springbig platform on a daily basis. Based on constant market growth springbig expects these numbers to rise dramatically. Below are two case sample studies of why more and more cannabis businesses are using springbig to improve customer experience and to create a new source of untapped revenue.

Success Story #1

Over a 1 yr. period, 125,000+ SMS/month @ 0.025 cents per text ($3,125 investment) generated $37,500 annual revenue for springbig and each SMS campaign generates $1,800 in incremental revenue for the dispensary.

Success Story #2

Over a 1 yr. period, 210,000+ SMS/month @ 0.020 cents per text ($4,200 investment) generated $50,400 annual revenue for springbig and each SMS campaign generates $7,065 in incremental revenue for the dispensary.

Management and Board

Jeffrey Harris – Co-Founder/CEO
Jeffrey Harris is the founder and chairman of one of the largest loyalty marketing firms in the nation, Inte Q, providing loyalty marketing and data driven marketing solutions for big box retailers and financial services companies. Prior to founding Inte Q, Harris held various executive positions for S&H Citadel, Inc. a national incentive marketing services firm headquartered outside of Chicago. In 2011, Harris saw an opportunity to provide this same solution for small businesses and by using his expertise in the industry, created springbig. Harris just completed a 20 year run as a member of Vistage, an organization dedicated to improving the effectiveness of CEOs, since 1998. Harris is also heavily involved in charities and currently serves on the board of various local non-profit organizations in Boca Raton, Florida.
Mark Horbal – Chief Technology Officer
Mark is the Chief technology Officer of SpringBIG. He is responsible for the design and evolution of SpringBIG’s technology platform.  Mark brings over 25 years of experience in development of high availability systems.  Prior to joining SpringBIG in 2012, Mark served as the CIO of Inte Q, and founder of V Technology Group and Aeliant Corporation, both focused on mission critical applications in medical, pharma and aerospace arenas. Mark is the inventor on twelve US patents and has been widely published.  He holds undergraduate and graduate degrees in Engineering and Computer Science from University of Illinois.
Ben Kovler – CEO of GTI Clinic/Advisory Member
Ben Kovler brings his extensive experience managing complex operating companies and his deep commitment to philanthropy to the springbig team, as a board of advisors member and investor. Kovler also serves as the Chairman of GTI Investments and the CEO of GTI-Clinic Illinois, which currently operates two cultivation centers and two medical cannabis dispensaries in Illinois. Ben is the Chief Investment Officer for Kovpak II, LLC, an investment partnership company. In addition to his various investment management roles, Ben is co-founder and CEO of Invest For Kids (IFK), an annual forum that allows portfolio managers, family offices, private investors and analysts to collaborate and share investment ideas to benefit children in Illinois. In its first seven years, Invest For Kids generated more than $8,500,000 to benefit more than thirty-three youth organizations that have helped 85,000 children.
Jerry Politzer – President of National Retail Consultants/Advisory Member
Jerry is a proven senior executive with a background in generating top- and bottom-line growth in department stores, specialty stores and wholesale apparel businesses. He has served as CEO of Loehmann’s, president of Value City Furniture, and executive vice president of Filene’s Basement, and he has participated as a consultant and advisor to numerous companies. Currently, Jerry is president of National Retail Consultants, where he serves as a results-oriented leader to deliver strategic skills to the retail community. Jerry earned a Bachelor of Science in Business Administration from the University of Maryland. He has affiliations with the Norton McNaughton Board of Directors and is a member of the AAMA. Past member of the United States Navy Advisory Board and the Immersion Corporation Advisory Board, he currently serves on the board at BF Technologies.

For more information about springbig
please visit www.springbig.com.

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