Rewards Network

Rewards Network

Promotes restaurants through loyalty programs

About

Rewards Network helps restaurants attract full-price customers through promotional programs linked to major loyalty programs. Diners earn rewards for eating at participating restaurants, which encourages them to pay full price instead of using discounts. The company operates on a pay-for-performance model, charging restaurants based on sales generated from these loyalty program participants. Rewards Network also provides flexible funding options and valuable data insights to help restaurant owners improve their operations and marketing strategies.

Company Stage

Acquired

Employees

501-1,000

Industries

Food & Agriculture, Data & Analytics

Total Funding

N/A

Headquarters

Los Angeles, California

Founded

1984


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in restaurants enhances customer service and operational efficiency.
  • Partnerships like Toast and Uber Direct offer expanded delivery options for client restaurants.
  • Resurgence of loyalty programs aligns with Rewards Network's business model to attract customers.

What critics are saying

  • Rising restaurant bankruptcies may reduce the number of potential clients.
  • Commission-free delivery models could disrupt traditional restaurant delivery services.
  • High operational costs may lead to reduced spending on marketing services.

What makes Rewards Network unique

  • Rewards Network offers unique Dining Credits for upfront capital to restaurants.
  • The company partners with 24 national brands to reach over 20 million consumers.
  • Rewards Network provides data-driven insights and verified reviews for strategic restaurant positioning.

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