Borderless Access redujo en un 90% el tiempo dedicado a utilizar la tecnología de recompensas de Xoxoday.

Know-how "Borderless Access" achieved a 90% decrease in time spent on procurement of rewards using Xoxoday's rewarding technology.

Desafíos

Before Xoxoday, Borderless Access faced several challenges in their survey rewarding process:

  • Lengthy Procurement and Disbursement Time: Borderless Access spent 2-3 weeks after the survey was completed for the procurement of rewards and vouchers, and then another 1 week for voucher aggregation and disbursement.
  • Lack of Instant Gratification: The waiting time between survey completion by panelists and receiving rewards was significant, leading to a lack of instant gratification, which could impact qualitative and quantitative survey responses.
  • Inefficient Operations: Borderless Access needed a holistic approach to streamline their survey rewarding needs and reduce the operational lead times between incentives redemption and delivery.

Borderless Access redujo en un 90% el tiempo dedicado a utilizar la tecnología de recompensas de Xoxoday.

80%
Decrease in time spend on reward delivery
90%
Decrease in time spend on reward procurement
16%
Saving this year in incentives

Desafíos

Before Xoxoday, Borderless Access faced several challenges in their survey rewarding process:

  • Lengthy Procurement and Disbursement Time: Borderless Access spent 2-3 weeks after the survey was completed for the procurement of rewards and vouchers, and then another 1 week for voucher aggregation and disbursement.
  • Lack of Instant Gratification: The waiting time between survey completion by panelists and receiving rewards was significant, leading to a lack of instant gratification, which could impact qualitative and quantitative survey responses.
  • Inefficient Operations: Borderless Access needed a holistic approach to streamline their survey rewarding needs and reduce the operational lead times between incentives redemption and delivery.

Borderless Access redujo en un 90% el tiempo dedicado a utilizar la tecnología de recompensas de Xoxoday.

With Xoxoday, Borderless Acess has been able to cut down the operational lead times between incentives redemption and delivery to almost 0 within two months of implementation.

80%

Decrease in time spend on reward delivery

90%

Decrease in time spend on reward procurement

16%

Saving this year in incentives

80%

Decrease in time spend on reward delivery

90%

Decrease in time spend on reward procurement

16%

Saving this year in incentives
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Acceso sin fronteras

Borderless Access is an award-winning market research firm (PAMRO 2019 Partner Paper Award) with its digital-first products and solutions for agile research. Their technology and insights solutions cater to a global clientele of MR firms, Ad Agencies, Consultancy firms, and Enterprises, who need rich and actionable quant-qual insights. They have comprehensive B2B and B2C digital panels comprising over 7 million+ panelists across 39 developed and growing economies of the world.

Industria:
Estudio de mercado
Región:
India
Caso práctico:
Incentivos para las encuestas
Funciones utilizadas:
Reward API, Reward Marketplace, Dashboard, Reporting and Analytics, Reward automation 

Desafíos

Before Xoxoday, Borderless Access faced several challenges in their survey rewarding process:

  • Lengthy Procurement and Disbursement Time: Borderless Access spent 2-3 weeks after the survey was completed for the procurement of rewards and vouchers, and then another 1 week for voucher aggregation and disbursement.
  • Lack of Instant Gratification: The waiting time between survey completion by panelists and receiving rewards was significant, leading to a lack of instant gratification, which could impact qualitative and quantitative survey responses.
  • Inefficient Operations: Borderless Access needed a holistic approach to streamline their survey rewarding needs and reduce the operational lead times between incentives redemption and delivery.

Solución

Borderless Access implemented several Xoxoday products to streamline their survey rewarding process:

  • API for Automated Reward Delivery: Xoxoday's tech team worked with Borderless Access to build APIs for auto-triggering incentives in real-time after approval, based on triggers like survey completion. These APIs are backed by advanced security controls, warning triggers, thresholds, and limits, enabling Borderless Access to set monthly budgets and quotas, resulting in 16% savings on incentives.
  • Global Catalogue with Localized Rewards: With Xoxoday's global catalogue of 21,000+ rewards choices in 100+ countries, Borderless Access could target panellists with the right incentives, such as cash-based options for Tier 2 and 3 cities and e-commerce rewards for Tier 1 city panellists, boosting response rates and quality.
  • Reporting Dashboard: Xoxoday's reporting dashboard provided Borderless Access with clear visibility into daily redemption volume and the number of rewards sent, helping them optimize future campaigns.

By implementing these Xoxoday products, Borderless Access significantly reduced procurement time, accelerated reward delivery, automated processes, improved security, gained visibility and control over spending, and offered localized rewards to panelists, leading to operational efficiencies and cost savings.

Resultados

The implementation of Xoxoday's platform has led to significant improvements for Borderless Access:

  • Disminución del 90% del tiempo dedicado a la adquisición y distribución de recompensas tras la realización de la encuesta.
  • Cut down the daily redemptions backlog from 8 weeks to 2 weeks for instant vouchers available on the platform.
  • Aiming to process vouchers instantly on a daily basis with API integration.
  • Estimated savings of 1cr+ in a year due to Xoxoday's fully managed platform and efficient customer support.

Xoxoday and Borderless Access have been working together for almost 5 years, and Xoxoday is currently in the process of integrating automated APIs within Borderless Access's internal system to further improve security, introduce thresholds and budgets, and optimize the rewarding processes, cutting operational costs and time by 36 hours per week and enabling daily procurement and delivery of rewards without any delays.