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.
For more information about Ring platform check RING Platform