The Spread App Sends Promo Codes Via Text Message
Ellen Smith — May 26, 2020 — Business
The spread of COVID-19 has led to restaurants limiting their services to takeout only, leaving many businesses relying on third party apps that pocket a portion of the proceeds -- the Spread app serves as an alternative to this, connecting the consumer with exclusive deals, helping restaurants thrive during these trying times.
Spread provides a commission-free service to restaurants, and works by notifying consumers via text messages about special deals at their favorite local spots. Consumers are able to select how many times a week they would like to be notified, and can order takeout using a promo code provided through the text message.
Currently, the Spread app is helping restaurants in New York City -- instead of paying a high commission fee, restaurants will pay a flat fee of $2 per order.
Image Credit: Giulia May/Unsplash
Spread provides a commission-free service to restaurants, and works by notifying consumers via text messages about special deals at their favorite local spots. Consumers are able to select how many times a week they would like to be notified, and can order takeout using a promo code provided through the text message.
Currently, the Spread app is helping restaurants in New York City -- instead of paying a high commission fee, restaurants will pay a flat fee of $2 per order.
Image Credit: Giulia May/Unsplash
Trend Themes
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Commission-free Restaurant Apps — The disruption opportunity is to create more commission-free apps that connect consumers and restaurants, helping to alleviate the financial burden restaurants face when they can only offer takeout due to COVID-19.
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Personalized Restaurant Notifications — The disruption opportunity is to develop apps that provide consumers with personalized notifications and deals from local restaurants that align with their interests and preferences.
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Text Message-based Restaurant Promotions — The disruption opportunity is to create text message-based platforms that allow restaurants to send promotions and loyalty rewards directly to their customers, without relying on third-party apps that charge high commission fees.
Industry Implications
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Restaurant Industry — This industry can benefit from the development of commission-free apps that connect consumers and restaurants, helping to alleviate the financial burden restaurants face when they can only offer takeout due to COVID-19.
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Mobile App Development Industry — This industry can take advantage of the opportunity to develop personalized restaurant notification apps that provide consumers with relevant deals and promotions from local restaurants.
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Text Message Marketing Industry — This industry can benefit from the development of text message-based platforms that allow restaurants to send promotions and loyalty rewards directly to their customers, without relying on third-party apps that charge high commission fees.
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