nick crane
Costa Mesa, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
HappyHourCard Inc
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Startup
Location:
newport beach,ca
Industry:
Internet
Year Founded:
2009
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
HappyHourCard (HHC) The Ultimate Entertainment Membership has proven its business model by selling over 20,000 memberships. To date, HHC has invested nearly $1M into technology and R&D. HHC’s program consists of a reloadable debit card combined with an “Every Day Deals” platform; referred herein as HHC’s membership.
The HHC membership offers consumers instant “Every Day Deals” as an all-inclusive benefit to its reloadable debit card. These “Every Day Deals” include member only offers at businesses such as restaurants, automotive, health & beauty, pets, travel, movies, cash back mall, etc. These offers include savings such as 2 for 1, 20%-30% off the entire bill, and overall reduced costs for products and services.
The program allows our members the ability to pay as they go in one simple transaction. Unlike “Daily Deal” websites and coupon books, no prepaying or embarrassing coupons are necessary; the deal is automatically deducted when payment is made. HHC’s focus is on the following markets: employee perks, college students and the hospitality industry.
Our experience has shown that all consumers, regardless of income, can benefit from the offers and services that are included in our program. Our membership is only $30 for an entire year and is more appealing than existing reloadable cards in the market. Existing cards in the market do not offer deals and the cost is significantly higher. Most reloadable cards cost consumers $5 to purchase plus $6+ a month in fees. These reloadable cards cost the consumer over $100+ per year.
A reloadable debit card that could offer more positive features with its card to the consumer than just “our costs are cheaper” would have the potential of not only directly addressing the negative publicity associated with reloadable debit cards, in general, but also attracting and securing a much larger market share of this growing industry.
Our membership has no monthly or overdraft fees. A bank account or credit check is not necessary when obtaining a membership. The membership is a great way for consumers to get the best deal, while controlling and tracking their spending. Consumers can easily transfer money from an existing bank account onto their membership. HHC’s partnership with MasterCard allows for usage at over 25 million locations worldwide. HHC’s partnership with Green Dot allows for money uploads at over 50,000 retailers.
Currently, HHC boasts over 25,000 National Happy Hours and “Member Only Offers.” HHC’s technologies include web and mobile (iPhone, iPad, Droid and BlackBerry). Location-based technology includes “Check In” and “Check Out” capabilities. HHC provides businesses a state-of-the-art customer loyalty program, a cutting-edge new business development platform, and a new revenue stream.