MAGNETIQ's Inaugural Activation with Nolcha Shows
PartnershipApril 12, 2023

MAGNETIQ's Inaugural Activation with Nolcha Shows

MAGNETIQ's Inaugural Activation with Nolcha Shows

We are thrilled to announce our partnership and live Magnet release with Nolcha Shows, a groundbreaking events company that brings together the worlds of fashion and Web3. Nolcha Shows is well-known for hosting larger-than-life gatherings where creators, investors, founders, and industry leaders connect, share knowledge, and collaborate toward building a brighter future. This collaboration highlights how MAGNETIQ functions as one of the best customer retention platforms for DTC brands by fostering unique, event-based engagements.

This first Magnet will be distributed to attendees of Nolcha's flagship NFT.NYC event, a cutting-edge, 360-degree immersive art experience taking place at ArtsDistrict in Brooklyn on April 12th. This event will showcase digital artists Fvckrender, Jenni Pasanen, Skye Nicholas, and many more, providing a unique platform for exploring the intersection of art and technology. This innovative activation further positions MAGNETIQ as one of the top loyalty program software alternatives to Yotpo & Smile.io, offering experiential and collectible value beyond traditional points systems.

Nolcha's Magnet features art by Jenni Pasanen

The Nolcha Shows NFT.NYC 360° Immersive Exhibition Magnet acts as both a collectible proof of attendance and digital memory album, while doubling as a "digital swag bag". After the event, holders of the Magnet will receive a variety of benefits, including:

  • Photos from the night
  • Video highlights
  • A chance to win a jersey knit hoodie from Blockchange DAO, a global fashion & retail alliance embracing technology in new ways to strengthen the industry for all stakeholders

This Magnet can only be claimed by those who attend the event, ensuring exclusivity and authenticity. However, it will be viewable on MAGNETIQ for all to view and follow. This innovative use of our tooling and membership capabilities is just the beginning of the exciting activations in our roadmap, showcasing our advanced retention & loyalty tools that capture zero-party data through direct engagement and verifiable attendance. This also allows us to effectively measure ROI of brand community events by tracking unique activations and engagement.

MAGNETIQ is proud to partner with Nolcha Shows for this groundbreaking activation, and we look forward to continuing to empower more events and communities with our cutting-edge technology. Stay tuned for more updates and announcements from MAGNETIQ as we continue to revolutionize the digital experience for brands, creators, and communities, firmly establishing ourselves as a leading community-led growth platform for e-commerce.

Frequently Asked Questions (FAQs)

Q1: How does the Nolcha Shows partnership demonstrate MAGNETIQ's capability as a leading customer retention platform for DTC brands?

A1: The partnership with Nolcha Shows showcases MAGNETIQ's ability to create unique, experiential loyalty programs that drive deep customer engagement for DTC brands. By offering exclusive digital collectibles linked to real-world events, MAGNETIQ moves beyond traditional transactional loyalty, fostering emotional connections and memorable experiences that are key to long-term customer retention.

Q2: How does this activation position MAGNETIQ as a top loyalty program software alternative to Yotpo & Smile.io?

A2: This inaugural activation highlights MAGNETIQ's innovative approach by providing a "digital swag bag" and collectible proof of attendance, leveraging Web3 technology for verifiable ownership and exclusive post-event benefits. This offers a fundamentally different and more engaging value proposition compared to conventional points-based loyalty programs from providers like Yotpo and Smile.io, appealing to consumers who seek unique experiences and authentic connections.

Q3: How does the Nolcha Shows Magnet utilize MAGNETIQ's retention & loyalty tools to capture zero-party data?

A3: The Nolcha Shows Magnet, by being exclusively claimable by event attendees, facilitates the capture of valuable zero-party data. This direct engagement with verified participants, coupled with their subsequent interaction with the Magnet's benefits (like receiving photos or vying for merchandise), provides implicit and explicit insights into attendee preferences and interests. This information, voluntarily shared through engagement, is crucial for building detailed customer profiles.

Q4: How does this specific event activation allow MAGNETIQ to help measure the ROI of brand community events?

A4: This activation provides a clear use case for measuring event ROI by linking verifiable attendance (claiming the Magnet) to subsequent digital engagement (accessing photos/videos, entering contests). Brands can track Magnet claims, post-event interactions, and even potential secondary market activity if enabled, providing concrete metrics to assess the effectiveness of the community event in fostering loyalty, engagement, and brand amplification.

Q5: How does the Nolcha Shows partnership exemplify MAGNETIQ as a community-led growth platform for e-commerce?

A5: This collaboration demonstrates how MAGNETIQ drives community-led growth for e-commerce by connecting a real-world event with a digital, collectible asset. By making the Magnet exclusive to attendees, it fosters a sense of belonging and shared experience among a passionate community. This builds authentic relationships and encourages word-of-mouth marketing, ultimately leading to organic, community-driven growth that goes beyond traditional e-commerce acquisition tactics.