BitRewards Announces Partnership With AdHive
BitRewards, the blockchain-based rewards and loyalty system for e-commerce businesses, is proud to announce a partnership with AdHive — the world’s first AI-controlled influencer marketing platform.
We are delighted to be part of the future of online advertising and marketing.
Influencer marketing is now a huge part of how e-commerce brands and businesses win new customers. One of the biggest challenges for businesses is reaching a large enough audience organically to ensure enough of them convert into customers. Instead of working with dozens of influencers or an expensive agency, AdHive allows to place advertising and social content with one AI-powered smart platform.
Social media platforms and search engines are increasingly forcing brands down the ‘pay to play’ route of advertising. Unless a brand commands an audience of millions of fans, staying relevant and maintaining a presence in their fans social media timelines is costing businesses more and more money.
Blockchain-based AdHive platform is to improve the organic networks of social influencers by facilitating the creation and scaling of marketing strategies and enhancing monetization.
Working together to amplify e-commerce marketing
In accordance with our partnership plan, BitRewards will give AdHive access to thousands of e-commerce businesses connected to the BitRewards platform (almost 5,000 to be connected by 2021). This opens up a wide range of opportunities for working with large advertisers and brands that are interested in a high-tech solution from AdHive.
The mechanics of the above mentioned process is as follows: influenсer takes the order in the AdHive system, receives the task and promo-code (marker) from BitRewards, according to which the audience of the influencer can get some bonuses in the partner loyalty program. Influence marketing market is growing by leaps and bounds as in the U.S. alone native display ad increased by over 36% in 2017. Online stores connected to BitRewards will create an incredible demand for influencers’ marketing solution provided by AdHive.
Besides, AdHive will consult BitRewards with regards to AI implementation. BitRecommendations AI-driven recommendations system is designed to supply SMBs with an advisory system which, other things being equal, would not be accessible to them due to the lack of a necessary amount of data. Being a pioneer in the use of distributed ledger technology and AI, the AdHive team will help to achieve a high degree of accuracy and reliability in collecting, storing and processing the retail data using deep learning algorithms.
With the combined power of AdHive and BitRewards, e-commerce brands will benefit from influencer marketing that will win them new customers and market share. The resulting synergy is a clear win-win situation for both companies, e-commerce businesses and regular shoppers. The companies have agreed on a revenue-sharing model that benefits both companies and the influencers connected to the AdHive network.
We look forward to working together and welcome AdHive to the BitRewards network and platform.