Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Kachingo! to stop issuing tickets in New Zealand

News release kachingo - 1
14 March 2003

Kachingo! to stop issuing tickets in New Zealand

The Kachingo! shoppers' rewards programme is to cease issuing tickets in New Zealand at the end of March 2003. All prize winners can continue to claim their prizes for up to six months from the respective draw date.

The company behind the programme says Kachingo! has proved itself in New Zealand and it is now time to take it to bigger markets overseas.

Global Online Promotions (NZ) Limited (GONZ) says from Sunday 30 March 2003 there will be no more Kachingo! tickets issued by remaining village partners Woolworths, Big Fresh, Price Chopper, BP and Super Liquor stores.

All Kachingo! cash prizes can still be claimed from tickets issued up to the end of March (for the usual six months from their draw date).

The company says all Kachingo! retail partners will continue to check tickets up to April 30, 2003. From 1 May until 30 September 2003, tickets can be checked at all Woolworths stores or online at www.kachingo.co.nz.

"The New Zealand pilot programme, as devised to test the viability of the systems behind Kachingo!, has now come to a successful conclusion," says GONZ executive director Ken Wikeley.

"The pilot programme has proven itself and we now know Kachingo! is a high impact loyalty programme with strong technology systems. The programme will now be taken to bigger markets that have the scale to support paying cash prizes of sufficient size to gain and retain the attention of shoppers.

"Naturally we are pleased Kachingo! has proved both its ability to influence retail sales results and that the technology platform is very effective. Now the international prospects are looking extremely buoyant for both the Kachingo! programme and the New Zealand-developed systems behind it."

Mr Wikeley says from April 1, 2003, The Atlantis Group will assume the Kachingo! licence for the New Zealand and Australian markets from GONZ.

"All the work put in to develop those systems will be rewarded. Effective customer reward programmes and systems are in big demand both here and internationally, and we have an excellent product. Watch this space."

The Atlantis Group is an Auckland-based global investor in information management companies and has recently taken a 25 per cent holding in Global Online Systems Limited (GOSL).

GOSL is the New Zealand company that developed the Kachingo! rewards programme and the computer-based systems that support it, as well as being an associate company of GONZ.

GOSL plans to take Kachingo! to a number of full scale consumer markets and negotiations are underway with interested parties in the UK, Asia and the United States.

The system is versatile enough to be implemented in a number of ways including by single big retailers, as a full "village" of retail partners (as in New Zealand) and by customers who simply want to utilise Kachingo!'s advanced technology to reward and communicate with customers at the point of sale.

About Kachingo! Kachingo! is a customer rewards programme invented in New Zealand. It is the only one to give shoppers cash rewards just for shopping at any store within the Kachingo! village of partners. The village comprises BP, Super Liquor and Woolworths, Big Fresh and Price Chopper supermarkets. Since launch Kachingo! has paid out more than $5.1m in cash prizes to 126,263 customers and given away more than 1.5 million instant rewards.

ends

Issued for Kachingo! by Pead PR


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news