The Froelich Group's LottBox Reimagines Lottery Ticket Sales
Laura McQuarrie — August 7, 2019 — Business
References: thefroelichgroup & prnewswire
The Froelich Group's LottBox offers a modernized vision for lottery ticket sales using a system that activates a lottery's current stock of instant tickets as they are sold. With the LottBox, The Froelich Group acknowledges the fact that currently, instant tickets can't be placed within reach of consumers because they could simply be stolen, and it asks: "What if those tickets weren't worth anything until they were purchased… like gift cards?"
LottBox is a patented instant lottery ticket system that gives retailers the power to securely activate individual tickets upon sale. With this autonomous solution, retailers would have the opportunity to thwart tampering and offer an effortless way to add value to cash register areas and self-checkout lanes.
LottBox is a patented instant lottery ticket system that gives retailers the power to securely activate individual tickets upon sale. With this autonomous solution, retailers would have the opportunity to thwart tampering and offer an effortless way to add value to cash register areas and self-checkout lanes.
Trend Themes
1. Instant Ticket Activation - Trend towards secure activation of individual instant tickets upon sale to prevent tampering and theft.
2. Cash Register Optimization - Trend towards adding value to cash register areas and self-checkout lanes through lottery ticket sales.
3. Digital Lottery Sales - Trend towards modernizing lottery ticket sales by offering digital purchase options.
Industry Implications
1. Retail - Opportunity for retailers to increase security and convenience through the adoption of instant ticket activation systems like LottBox.
2. Lottery - Opportunity for lotteries to improve sales and customer experience by offering instant ticket activation and other modernization efforts.
3. Financial Technology - Opportunity for financial technology companies to innovate and offer digital options for lottery ticket sales and transactions.
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