Since implementing the Mobile Wallet, the Sharks have seen impressive growth across multiple areas:
- Transaction Growth: Year-over-year growth rates of 329% from 2020-2021 to 2021-2022, 362% from 2021-2022 to 2022-2023, with consistent growth into the 2023-2024 season. Total transaction value facilitated has exceeded $4.8 million, with 171k total transactions.
- Revenue Impact: Nearly $2 million in transaction value was processed across card payments and loaded value in each of the last two years, reflecting a 20x growth from year one.
Teal Tokens Success: Teal Tokens have become a key driver of fan engagement, rewarding users for purchases and incentivizing early season ticket renewals. This has led to an increase in wallet adoption and fan satisfaction, with fans often prioritizing benefits to utilize the currency across all business touchpoints.
The Sharks’ partnership with Everi’s Venuetize solution highlights the transformative power of a well-executed mobile wallet strategy. By continuously evolving their mobile strategy, the Sharks have created a robust, omnichannel solution that not only enhances fan engagement but also drives meaningful business results. As the Sharks continue to push boundaries, they remain poised to deliver even more unforgettable experiences to their fans.