Validated Expands Nationally Across 10 Cities
Shop and Dine at Favorite Local Businesses and Earn Credits for Transportation and Parking
SEATTLE, April 19, 2017 /PRNewswire/ -- Validated is a free mobile app that lets shops and restaurants pay for your transportation. Since launching out of Techstars Seattle in 2016, the company is expanding today beyond Seattle and Portland and now available in 10 new cities, which include Boston, Chicago, the District of Columbia, Las Vegas, Los Angeles, New York City, Palo Alto, San Diego, San Francisco, and Santa Monica.
Currently, brick-and-mortar businesses face many challenges in an increasingly e-commerce dominated world. In addition, urban mobility is at a turning point due to rapid urbanization and technological advancement. How people get around and the increase in costs of transportation are making it harder for brick-and-mortar businesses to compete with e-commerce benefits such as free-shipping, for example. By applying the business mechanics of free-shipping to physical stores and expanding validation beyond parking to serve all modes of transportation, Validated levels the playing field and enables brick-and-mortar businesses to reclaim their inherent advantage: the in-person experience.
"We started developing our IP in late 2015 with the mission to help cities work better," says Tov Arneson, CEO of Validated. "If mobility is the lifeblood of our cities, brick-and-mortar businesses are the backbone; and by connecting them, we make it easier and more affordable for people to explore -- and ultimately enable whole cities to thrive in full."
Validated's network of brick-and-mortar businesses and transportation providers is unprecedented insofar as it's universally beneficial. Here's how Validated works:
- Brick-and-mortar businesses can be listed by signing up here: https://app.validated.co/signup/. Benefits include: the ability to control all costs and guarantee ROI; preserving brand integrity; enhancing customer experience; and gaining free exposure to otherwise inaccessible consumers-in-transit through our transportation network. Validated increases the average per customer sale by more than 58% at only 6% cost. Customers range from national brands like SEE, Arc'teryx, Tanner Goods, PANDORA, and Marine Layer, to select boutiques and local gems like Loulay, Fat Head's Brewery, Elliott's Oyster House, and MadeHere PDX.
- Transportation providers are listed redemption methods for Validated users and currently include: Lyft, Uber, ReachNow (car sharing by BMW), BIKETOWN (operated by Motivate), Luxe Valet, and indirect reimbursement for parking and mass transit. Benefits include: exposure to new users and increased ridership among existing ones. About 80% of Validated users redeem their credits for Validated's car or ride-share methods over reimbursement for parking. The company also helps partners package Validated as a loyalty program for their own users, rewards in the form of free rides. To learn how to integrate into Validated as a redemption method, email: [email protected]
- App-savvy city dwellers and consumers are generally turned on to the app by their favorite store or restaurant - or hear it's a way to get free credits for their favorite mobility app through partner co-marketing or word-of-mouth. On top of earning rewards for shopping and dining at places they normally go, Validated users discover new places. On average, users earn 7-10% of every spending target which could conceivably eliminate daily transportation costs by shopping and dining at the right places. Users can use Validated credits ANYWHERE a transportation provider operates.
"Our members want to support their local community – from going out and shopping local to using shared, sustainable mobility services like ReachNow. Validated helps ReachNow members do both," said Steve Banfield, ReachNow CEO. "We share a similar view that as urban transportation changes, services that increase urban mobility will be essential to the fabric of a modern, connected city."
ABOUT VALIDATED
Validated is a free mobile app that lets shops and restaurants pay for your transportation. Shop and dine at businesses in the Validated app and earn credits to pay for Lyft, ReachNow, BIKETOWN, parking, mass transit and more. For more information and to learn how to sign up to be on the Validated platform, please visit us at https://www.validated.co.
SOURCE Validated
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