New Wave Holdings, Inc. Announces New Wholly Owned Subsidiary, Launches Good Gravy! Fundraising Platform Private Beta
Marketwired
FORT WAYNE, IN--(Marketwired - Apr 7, 2016) - New Wave Holdings, Inc. (OTC: NWAV), an electronic #payment services and solutions company, is thrilled to announce that it has formed Good Gravy, LLC as a Wholly Owned Subsidiary and launched https://GoGoodGravy.com, a private beta for Good Gravy!, a take on the world of retail affiliate marketing.
Good Gravy! Is an online portal to over 4000 national retailers, including Macys, Target, Petco, Best Buy, 1-800-Flowers and more. It was originally conceived to access merchant funding revenue streams and distribute them to organizations chosen by each shopper/supporter.
THE PLATFORM
Here's how Good Gravy works to support non-profits (example): Amnesty International supporter Jane Doe chooses AI as her organization upon registration and now anytime she shops at Walgreen's using Good Gravy, she effects a percentage of her total purchase as a donation to A.I.
Jane shops online as she normally would, using her browser or the Good Gravy iOS or Android app on her device, and earns an average of 5% cash back on her purchases.
That 5% cash back, "Gravy", goes directly to support #AmnestyInternational .
Assume that Jane spends the average online of $100 a month. By the end of the year, on average, Jane will have been the catalyst for $1200 in retail spending and a $60 gift to Amnesty International, all by doing nothing more than what she already does.
Further, if Amnesty International were to market the platform to their 2 million active supporters and members, not to include even the 5 million additional activists that serve human rights on their behalf and, further yet, only 10% of the 2 million supporters (200,000) used the platform in the way that Jane has, you are looking at a low-end potential of 240,000,000 in retail spending and $12,000,000 in donations to Amnesty International!
$NWAV, via Good Gravy, earns an additional 20% paid by the retailers, on all cash back proceeds, resulting in revenues of $2,400,000 low end.
"The bounds are nearly limitless in the non-profits the platform can support," states co-founder Steve Devine. Anywhere from smaller club sports to the largest organizations can benefit from Good Gravy. "
THE STATISTICS
Online shoppers in the United States will spend $327 billion in 2016, up 45% from $226 billion this year and 62% from $202 billion in 2011, according to a projection released by Forrester Research Inc.
Consumers between 25 and 33 years old (Gen Y) already spend more online than any other age group, an average of $563 in the last three months, according to Forrester data.
NEW WAVE PATH TO REVENUES
The platform will allow $NWAV to capture revenues on each and every purchase while facilitating a versatile platform that can be used for fundraising initiatives, loyalty/benefits programs and rewards/points programs, with access to over 4000 retailers!
The platform is geared for immediate revenue potential once API integration is completed along with iOS/Android applications.
This platform will not only serve the non-profit/fundraising arena as previously announced, but also toward considerable income potential in the for-profit realm in the form of rewards, points, loyalty, employee retention and cash-back programs for larger entities outside the non-profit sector.
For instance, yesterday, New Wave's Steve Devine and Mark B. Newbauer met with a media publisher with over 260,000 subscribers showing interest in using Good Gravy as a subscriber benefits program, in which their subscribers receive a special registration code for Good Gravy for being subscribers of one of the newspapers and, in return, they have the benefit of shopping online with cash-back directly in their pocket. In this case, the Media Company gets a no-cost subscriber benefit they can market and New Wave captures a portion of all the cash back, which in this case, goes directly to the subscriber= everybody wins.
Co-founders Steve Devine and Mark B. Newbauer are enthusiastic about the potential here, "We are confident shareholders will be duly impressed with the new iOS/Android app rollout. This gives us immediate income potential with New Wave capturing a percentage of each and every purchase made via Good Gravy!."
"Ebates, a platform similar to that of our new rollout, recently sold for $1 billion dollars with only 2.5 million users on board, the price tag justified by the user data these types of programs can capture, which will have the platforms valued on factors well beyond profits. We'll begin to educate a bit on user data, but its principally why companies like Twitter, Tumblr, Snapchat, Fab and Pinterest are worth into the billions."
If there is interest in working with Good Gravy toward lucrative potential for revenue share, please email us at info@newwaveholdings.com so we can set up a call to discuss.
New Wave Holdings is a Holding Company focused in electronic payment services and solutions with a focus in bringing innovative prepaid programs to market. The company strives to be a leading contender in the issuance of prepaid solutions and services that are both highly marketable and with socially conscious profitability.
SchoolFuel, LLC is a Company dedicated to innovative fundraising solutions for schools, universities, club teams, churches and more! It's inaugural programs include an e-commerce cash-back platform and a General Purpose Reloadable Debit Card which uses a patent-pending process to effect donations for consumer chosen non-profits.
Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.
