May 14 2022

A Restaurant Launched a Bitcoin Reward System to Attract More Youngsters?

Many businesses launch offers or rewards to attract more customers, and it is vital. Otherwise, your competitor will attract your customers by hooking them through his offers, gifts, or rewards. As we all know, this digital cryptocurrency is booming in this latest era. When news or announcement comes in their state or city, they get excited because they are already crypto holders and take an interest. So every business has to modify its strategy by taking care of the trend and interests of customers. Otherwise, it would be very complex to survive in the competitive market era. So new businesses are modifying strategies like offers, gifts, or rewards according to the changing trend on the internet. If you’re interested in bitcoin trading, here’s a concise explanation of why you should start trading bitcoin right now.

Bitcoin in brief

Bitcoin is similar to the home currency we use for daily transactions, like buying and selling transactions, sending and receiving transactions, etc. but in a digital form. Its no third-party involvement system makes it separate from the home currency.ย 

American Restaurant launching a reward system

As we read in the initial paragraph, every business has to run an offer or reward system for their customers by understanding the trend and interests of customers according to the trend. An American restaurant named Shake Shack has launched a bitcoin reward system for its clients, so people get attracted. Since almost all American citizens know about the bitcoin crypto coins, it becomes easy to target bitcoin users. Shake Shack is the best example of launching a new strategy according to the trend. There are still a lot of businesses that are giving different offers to bitcoin users so they can become their customers.ย 

What will the buyers get in this reward?

Suppose the customers meet the condition and buy according to the condition. In that case, they will get fifteen percent of the buying they order through. People would like to buy through the system and will get money in bitcoin. People like that they will get a reward in bitcoin because they know the potential. Every time they buy from a restaurant, they will get 15% of buying as a bitcoin reward that will encourage them to hold bitcoins in their wallet by eating food. According to Google data, most American citizens are food lovers, and an average American citizen goes to a restaurant 5 to 6 times a week. So it will get registered in the minds of American people if they eat from this restaurant, then they will get bitcoin rewards. People also love simple kitchen appliances like a toaster, waffle maker, air-fryer, etc. Next, they can add similar gifts to improve the number of return customers.

What is the condition?

There is a condition of the Shake Shack restaurant that if you use the Cash application for the payment, you will get the reward. The cash application provides the Visa or Mastercard connected to the cash application wallet. Your money will get minus from your cash app wallet when you use that card. So both businesses benefit because restaurant owners are getting more clients, and the Cash app owner’s users are increasing by collaborating with the restaurant.ย 

Is the restaurant owner crazy?

Many people think that bitcoin is a famous and very costly currency and that restaurant owners are crazy about giving bitcoins to their customers. No, you’re mistaken because most restaurants give 15%, 20%, 30%, or 50% discounts to their customers in fiat currency or by taking less amount by deducting the percentage. They are using the standard method that every restaurant owner does. Still, the new thing is that the Shake Shack owner will give up to a 15% discount but not minus the percentage from fiat instead of giving them bitcoin worth percentage. So the offer is the same, but the way of marketing is new, and the owner also knows the zero-dollar marketing concept. The restaurant owner gives the offer but does not need paid marketing because many customers will do by-mouth marketing. As a result, the restaurant will generate more and more young customers, making the restaurant famous in the city and the world.


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Author

Kyrie Mattos