Akronite app generates $1.2 million for local economy in first year

When the town first launched Akronite, a points-based program that rewards customers for purchasing domestically, it was searching for a fast resolution to help native companies whose gross sales suffered through the pandemic. Now, this system is right here to remain after producing greater than $1 million in financial exercise in a 12 months.

Almost 7,000 customers and 277 native companies have participated within the system for spending {dollars} domestically. Prospects are rewarded for every in-person and on-line buy they make at taking part native companies utilizing linked credit score or debit playing cards via factors, or “blimps.” Every blimp is value $1 that may be redeemed at any taking part location. On the finish of every month, the town reimburses retailers for rewards they accepted. It’s free for companies to make use of.

Because the gentle launch in August 2020, the app has generated $1.18 million in financial exercise, the town says, which is measured by the cash spent and redeemed by customers at taking part companies with playing cards linked to the app.

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Akronite app generates $1.2 million for local economy in first year

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