M2O and Ring PlatformsteemCreated with Sketch.

in #ringplatform5 years ago

Compare business of RING Platform and M2O platform.

Business platform of M2O

Customers:

  • Can permanently save expiring mileage.
  • Can increase value by combining mileage from different issuers.
  • Can increase utilization and expand the availability of mileage through various affiliates.
  • Can expect to increase the value of mileage when it is converted to M2O.

Corporations:

  • Can effectively eliminate mileage as a financial liability
  • Can increase brand awareness by making mileage more valuable.
  • Can create generate revenue when customers convert their mileage to M2O
  • Can expand customers by reintroducing the corporation's services through the platform.

RING Platform

Mileage Customers:

  • Inconvenience use of mileage.
  • Small amount of mileage is easy to forgettable.
  • Complaints about corporate policies in which mileage will
    expire after a certain period.
  • Complaints due to lack of use and limited use of mileage.

Government:

  • Encourage mileage consumption policies to protect consumer rights and interests.
  • Cash-for-customer's Mileages.
  • Encourage the conversion of miles to third-party mileages.
  • Policy of donating expired mileage to the public service foundation.

ring platform.jpg

For more information about Ring platform check RING Platform