Pennexx Succeeds in Launching a Growing Number of Beta Sites and Looks to Its Bright Future
February 11 2020 - 12:40PM
InvestorsHub NewsWire
Pennexx Succeeds in Launching a
Growing Number of Beta Sites and Looks to Its Bright Future
Palm Harbor, FL --
February 11, 2020 -- InvestorsHub NewsWire -- Pennexx has
successfully launched its beta
test at six restaurants in a very short time
period and that number will be growing. You can
follow their progress on twitter at @pennexx.
New and existing
customers scan a QR code to sign up. They post on Facebook and
their friends can then also register to receive a
coupon for a free 6” sub
sandwich.
“This brings in new
customers to the store who otherwise wouldn’t have enjoyed our
product or become future customers of the store,” said
one happy restaurant owner.
YourSocialOffers.com (YSO)
allows new or
existing customers to register and share
on Facebook and receive rewards from these merchants.
Their Facebook friends will receive the
same merchant reward when they register
and share with their friends, and so forth and so
on in a viral manner. This allows
the merchant to build their business when
new customers come in and redeem their rewards. These
establishments now have the ability to continuously
provide special offers to these new (as well as
established) customers for their loyalty and
patronage.
“The purpose of this
beta launch is to test various features
and observe, in a controlled setting, how fast,
viral and effective these campaigns are,” said Vincent
Risalvato, CEO of
Pennexx.
Vincent Risalvato
further states, “This is just the start of our continued
success with YSO. As we push forward with YSO, we are
excited to be in a position to release details of our future
launches of the YSO debit card, Your Social Influencers
(YSI), AI Digital Marketing, and other
Financial Technology plans as well
as other social media business support and
products.”
“Building this database with our loyalty
rewards program, store by store, is only the start of
the ambitious business plan Pennexx has for
YSO and its other exciting products,” says Sunny
Sweet, Chief Marketing Officer (CMO) of
Pennexx.
Pennexx has
been busy since the start of 2020. They became PINK
status on the OTC market, filed the first
of its patents with the United States Patent
and Trademark office, released an informative video on
YouTube announcing the launch of YSO, secured a merchant
services agreement, expanded into additional office space
and continue to successfully launch its
additional beta test sites in
restaurants.
Pennexx’s team
is very excited for the days to come when merchants, big and small,
will be able to enter their own customized loyalty program
through our merchant portal on the web site and
realize a bigger audience with minimum
cost.
Pennexx team
members are excited, standing strong and so appreciative of the
support of their loyal and dedicated
shareholders.
When a restaurant distributes printed
material for special offers, approximately 3 to
5 percent of the distribution will be redeemed.
Therefore, 95 to 97 percent of the paid
distribution are wasted advertising dollars. Pennexx’s
vision is to implement
marketing campaigns targeted to their customers at a
fraction of the cost of traditional advertising dollars. “Why
pay for what doesn’t work?” said Sunny
Sweet, CMO.
About Pennexx Foods
Inc. (PNNX:
OTCMKTS US). Pennexx, through its wholly owned subsidiaries is
a holding company within the Software/Internet Industry that is
focused on social media, prepaid debit cards, BitGift TM,
artificial intelligence, targeted marketing and consumer
rewards.
Safe Harbor Act:
This release may contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual
report.
For additional
information, visit our website at www.Pennexx.net or call
866-928-6409. We are also on Twitter @Pennexx.
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