ST. PETERSBURG, Fla., Dec. 13, 2021 /PRNewswire/ — SKUx, an modern fintech firm redefining the way in which client gives are delivered, redeemed, settled and reported, at this time introduced the appointment of Jay Loeffler as firm president. A extremely profitable progress strategist and business innovator, Loeffler joins SKUx from Valpak and SKULocal, the place he served as Chief Revenue Officer. Loeffler was already a member of the SKUx board of advisors.
“SKUx is redefining the way forward for product gives, rewards and loyalty for client producers, manufacturers and retailers,” mentioned Loeffler. “SKUPay™ payment-based gives ship new ranges of worth and comfort for customers, whereas fixing decades-old issues plaguing the multi-billion-dollar client gives and coupon business. I’m excited to be a part of our business’s fintech transformation.”
While at Valpak, Loeffler led the fusion of social influencer advertising and conventional unsolicited mail. He additionally created a subsidiary grocery model, SKULocal, which has turn into the quickest rising division of Valpak over the previous 5 years, serving main shoppers such as Procter & Gamble, Kraft, Unilever, Kellogg’s, Sam’s Club, Blue Bunny, Mars, Bayer, Shutterfly, Overstock.com, Total Wine and HEB grocery shops. Prior to Valpak, Loeffler served in quite a lot of management roles with Cox Target Media.
“Jay is a dynamic enterprise chief with deep relationships and data inside client manufacturers, retail, promotions and direct advertising,” mentioned Jim Sampey, SKUx Co-Founder and CEO. “His monitor document for introducing and advancing breakthrough improvements that drive progress and efficiency for shoppers is an ideal match for our mission at SKUx.”
Loeffler joins SKUx as the corporate advances a brand new fintech class of payment-based gives, known as SKUPay™. SKUPay is about to interchange at this time’s outdated world and means of coupons, rebates, promotional gives, and settlement, fixing long-term business challenges for retailers, client manufacturers, and advertising businesses and unlocking billions of {dollars} in worth presently being misplaced to fraud and inefficiency. SKUx delivers a robust end-to-end payments-based system throughout supply supply, redemption, settlement and reporting that requires no particular integration by retailers or manufacturers.
SKUPay turns client gives into forex that may be redeemed as a part of the conventional cost course of wherever cellular funds are accepted. It replaces coupons and promotional gives with trusted single-use, serialized gives that may be focused right down to the product SKU or UPC degree. Retailers are reimbursed each day moderately than ready weeks or months for clearance and settlement. Marketers have unparalleled and close to instant visibility into their campaigns, permitting them to optimize efficiency and keep inside predetermined budgets.
About SKUxA main fintech innovator, SKUx offers manufacturers and retailers the ability to ship safe, intuitive digital gives wherever, anytime, on the pace of at this time’s client. SKUx transforms just about any coupon, rebate, or promotional supply into payment-based gives for the world’s main retailers, manufacturers, and advertising businesses. Leveraging Hedera Hashgraph distributed ledger know-how, the corporate’s patent-pending Smart Incentives™ platform as a service combines supply particulars, serialization, funding, and settlement to extend buyer belief, loyalty and create new alternatives for client engagement. The consequence – new incremental income, improved effectivity, and laser sharp transparency for all business stakeholders. For extra info, go to www.skux.io.
Media Contact:Kevin Sugarman[email protected]
SOURCE SKUxchange LLC
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