ThingleMe Revenue & Valuation (2021)

Manufacturers typically sell through distributors. Unfortunately, the contact with the consumer gets lost and important questions remain unanswered (e.g.: Where is the product? Who bought it? What happens after purchase?).Today, companies are beginning to understand the value of such contact and invest money and resources to rebuild it. They develop expensive promotions to encourage consumers to share their personal information and they get some data in return, which they then use in their direct marketing campaigns. More frequently than not, these activities have a limited, if not negative, return on investment.ThingleMe is the most natural way for end-users to get in contact with the manufacturer using the product itself. In return, companies know where their products are, who bought them and how they deal with them after purchase.Data continuously flow into ThingleMe:- During activation, the user easily creates a link between the product ID, his location and some personal informatio