Noosa Today - 22nd April 2022

Page 1

Friday, 22 April, 2022

Thinking of selling? You know who to call

12545565-AV16-22

Council reviews Glossy site

Meet your candidates

Trekking for Parkinson’s

48-page liftout Property Guide

PAGE 8

PAGES 30-31

PAGE 43

INSIDE

PR OP ER TY

Advertorial

Australian companies reward customers and employees with shares through Upstreet™ Upstreet™ a Noosa based, VC-backed, fin-tech is helping companies reward their customers and employees with shares in the ASX & US stock exchanges. About Upstreet's™ Shopping Rewards Through the Upstreet app and online, customers can earn fractional ASX and international shares for each dollar spent with participating companies. Companies range from private small businesses to large publicly listed internationals like eBay and Marley Spoon. Customers can continually add to their portfolio and sell their shares at their leisure, while both private and publicly listed companies drive loyalty at minimal costs. Co-founder and COO of Upstreet, Sabine Tejerina shared with us that only “18% of investors in Australia are female. Our mission at Upstreet is to change this! A participating company on the platform has experienced great success, resulting in a 36% increase in customer spending and a 48% reduction in customer churn. Once customers own stocks, they’re more likely to act as owners and therefore continue supporting the companies they’re investing in.

“Share rewards create ‘sticky customer’ loyalty.” says founder and CEO Christian Eckelmann. He follows by asking business owners, “How is your loyalty program working for you?”

Share rewards create ‘sticky customer’ loyalty. Christian Eckelmann. Founder & CEO

About Upstreet's™ Employee Rewards Upstreet also offers companies an easy and economical way to give share rewards to employees. Given the administrative cost and difficulties, traditional Employee Share Schemes (ESS) are often only given to management. Through Upstreet, shares can be given to employees or contractors easily and economically. Companies are using Upstreet’s Employee Share Rewards Program (ESRP) for various events, such as birthdays, employee referrals and performance rewards. The best part is that companies do not need to set aside their own shares, Upstreet buys them directly in the open market and distributes them to the employees. There has been a great uptake in this program, with an ASX listed company seeing 70% of employees claim their employee share rewards through Upstreet.

Customers can see their share rewards earned from all their purchases in one simple page on the Upstreet app

Sabine Tejerina, Co-founder and COO of Upstreet™, is passionate about Upstreet's mission to help democratise share ownership

Products issued by Melbourne Securities Corporation Limited. Upstreet is an ASIC approved, Pty Ltd (ABN 88 635 424 538). Please consider the PDS and TMD available on Upstreet's website before applying. All information is general advice only.

For more information visit www.upstreet.co or contact us at info@upstreet.co

12545482-DL16-22


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.