NEWSROOM

Contests stand out as one of the most preferred ways by brands that want to increase consumer loyalty. A new one is added to the competitions that combine online commerce with competition and strengthen community bonds.

*** This release is originally published in Turkish.

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ISTANBUL (TR) - Many companies that want to support customer loyalty focus on strengthening their connections with their communities through loyalty programs, rewards and contests. While it is known that three out of four consumers are more likely to prefer brands that offer gifts, a similar percentage (73%) of consumers are also more likely to recommend brands that offer rewards. On the other hand, competitions that create a constructive competitive environment among users, especially on online platforms, also strengthen the community's bonds. Based on these facts, the online trading platform Binomo is launching an award-winning competition called iTrader.

Sharing the details of the competition, Binomo Turkey Business Development Director Latif Özdemir said, “As Binomo, we call out to a huge community that hosts more than 1 million active users every day in 133 countries. We count it among our values ​​to provide opportunities for our users to take their financial literacy to the next level. The first phase of our iTrade competition, which we designed with this approach, starts as of June 16.”

Possibility to test your trading abilities

Reminding that the competition will be held in two stages and there will be a total of 6 winners, Latif Özdemir said, “The competition, which offers the participants the opportunity to test their trading skills, will be held in two stages, 16-22 June and 23-30 June. Anyone who is a member of Binomo during June will be considered a participant in the competition. The conditions of the iTrade competition are also quite simple. Competitors, who make 20 transactions with a minimum amount of 90 TL every day using their real accounts, will increase their chances of winning. Those who wish will be able to make 20 transactions per day in both phases for more luck. The winners will be rewarded with the iPhone 13.”

“The distinctive side of the competitive platform”

Latif Özdemir, Business Development Director of Binomo Turkey, who pointed out that the only thing to do to become a Binomo iTrade participant is to switch to a real account, concluded his evaluations with the following statements: “Competition participants gain the opportunity to earn additional income during the competition, in addition to the chance of gifts, by using their trade knowledge. Tournaments have been one of our distinguishing features that have kept our community connected since our founding in 2014. More details about iTrade, the iPhone 13 award-winning competition of Binomo, a category A member of the International Financial Commission and hosts more than 300 events annually, can be accessed on our website.”