1Channel Rewards & Distribution Program Description
The 1Channel Rewards & Distribution Program functions as a cloud-powered loyalty solution designed for brands that incentivize their distributors, dealers, retailers, and various channel partners. Administrators have the ability to set up specific schemes that include sales goals, volume brackets, campaign multipliers, and different tiers, while also keeping track of the points assigned to partner wallets. Partners can easily monitor their point balances, view pending claims, check their redemption history, and explore available rewards, redeeming their points through options such as UPI, bank transfers, digital vouchers, or items from a catalog. Additionally, the program accommodates minimum thresholds for redemptions, establishes approval workflows, tracks settlements, and facilitates payout reconciliations. Teams are able to implement schemes across different products, regions, and partner categories. The platform provides dashboards that display metrics on participation rates, points issued and redeemed, outstanding requests, tier distributions, and performance by region. Targeting B2B brands in sectors like FMCG, construction materials, automotive, electrical and hardware, and pharmaceuticals, it offers valuable tools tailored for sales, program management, and finance teams, enhancing operational efficiency and partner engagement. This comprehensive approach ensures that all stakeholders are actively involved and rewarded for their contributions.
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