Snap Fund does for traditional retailers and services what AdWords and Facebook Ads do for online companies: increase sales, generate social media buzz, and provide useful customer information. Snap Fund provides a simple way for shoppers to get cash back or raise money for their favorite nonprofits every time they shop at participating local businesses. Participating retailers and nonprofits encourage their customers/members to download the Snap Fund app (available on iOS and Android devices). The app shows users participating local businesses and gives them access to special sales and promotions. Users earn funds by snapping and submitting their receipts, by making prescribed social media posts, or by answering customized survey questions. Users can then choose to get cash back or assign raised funds to their chosen schools, churches, and/or non-profit groups.

Snap Fund provides 3 specific services for businesses. First, it increases revenues by connecting the business to a communi...
Snap Fund does for traditional retailers and services what AdWords and Facebook Ads do for online companies: increase sales, generate social media buzz, and provide useful customer information. Snap Fund provides a simple way for shoppers to get cash back or raise money for their favorite nonprofits every time they shop at participating local businesses. Participating retailers and nonprofits encourage their customers/members to download the Snap Fund app (available on iOS and Android devices). The app shows users participating local businesses and gives them access to special sales and promotions. Users earn funds by snapping and submitting their receipts, by making prescribed social media posts, or by answering customized survey questions. Users can then choose to get cash back or assign raised funds to their chosen schools, churches, and/or non-profit groups.

Snap Fund provides 3 specific services for businesses. First, it increases revenues by connecting the business to a community of motivated local shoppers and tracking each user all the way through the purchase. Second, Snap Fund helps businesses create organic social media buzz by providing shoppers with motivation to make creative posts involving the business. For instance, users might earn cash back or a nonprofit donation for posting a “selfie” near a unique display or with a friendly employee and then tagging Snap Fund and the business in the post. Third, Snap Fund collects customized survey data which, combined with extensive user data, is analyzed to provide critical information to help the business improve and grow.

Lack of time, marketing expertise, and quality leads are the top challenges for most small business owners. Snap Fund is designed specifically with these needs in mind. Owners simply set a monthly budget, the maximum they want to spend, and Snap Fund begins generating new customers, social media posts, and customized user data. About 60% of budgeted funds will go to Snap Fund as fees, the remainder going to users and nonprofits. At the end of each month participating businesses receive a summary of snapped receipts, donation totals, marketing fees, and social media impact.
More information

Advisors

David Recksiek
Admin
David Recksiek Attorney with large and small business experience
Devin Eldridge
Admin
Devin Eldridge A CPA by trade, I love solving problems. Whether as a family man, missionary, operations improvement, or storage, I want to fix it.

Employees