Krowd connects hospitality brands with over 20 million customers through strategic partnerships with banks and telecom companies, enabling brands to increase visibility and drive customer engagement without upfront costs. By utilizing a performance-based model, Krowd allows brands to pay only for customers who make purchases, resulting in an average profit increase of 20%.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Hospitality brands struggle to gain visibility and attract new customers due to high upfront marketing costs and the difficulty of reaching a broad audience effectively. Traditional advertising methods often require significant investment without a guarantee of return, making it challenging for restaurants to increase revenue and profitability.
Solution
Krowd connects hospitality brands with a large customer base through partnerships with banks, airlines, and telecom companies, enabling targeted marketing campaigns without upfront costs. The platform promotes brands to over 20 million customers, driving increased foot traffic and revenue. Krowd operates on a performance-based model, where brands only pay for customers who make purchases, ensuring a direct return on investment. The Krowd dashboard provides an overview of campaign performance, including conversions, reach, and revenue generated.
Target Audience
Krowd primarily targets hospitality brands, including restaurants and other dining establishments, seeking to increase customer acquisition and revenue through performance-based marketing.
Features
- Featured brand and logo placement within partner platforms
- Push notifications and in-app pop-ups to reach customers directly
- Direct mailers for targeted promotions
- Performance tracking dashboard with real-time analytics
- Card-linked offers for seamless customer rewards
- No POS integration or staff training required