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Proposal: Singapore Tourism Board Digital Wallet Engagement Solution

🌏 Overview

The Singapore Tourism Board (STB) leads Singapore's tourism sector, aiming to enhance tourist engagement and drive transactions across its partner ecosystem. However, there are challenges in effectively communicating with tourists and tracking the impact of tourism initiatives.
Key Challenges
Difficulty consolidating travel data across platforms (email, SMS, calendar, business accounts)
App fatigue, with low likelihood of app installations
Limited ability to track and attribute the impact of tourism initiatives
Solution: Badge Digital Wallet Engagement Platform
We propose a "Singapore Tourist Pass" (or any program name) that can be adapted for specific initiatives, much like STB's categories such as "Explore Singapore" or "MICE" (Meetings, Incentives, Conferences, and Exhibitions). This pass would consolidate trip details and evolve throughout the visitor's journey, providing practical features at different stages:
Pre-trip: Weather updates, packing tips, and partner offers (e.g., scooter tours)
Arrival: Welcome messages, duty-free specials, and transportation info
During stay: Location-based recommendations and offers

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Key Features:
One-click wallet pass installation with no app download required
Dynamic content based on location and timing
Ability to communicate with visitors before, during, and after their trip
Customizable fields and attributes for personalized messaging
Geofencing for location-based engagement
Implementation Options:
Direct Merchant Engagement: Enable Sentosa and other attractions to surface benefits through wallet passes
STB-managed Platform: Centralized tourist engagement system with partner offers
API Integration: Connect with existing STB systems and data sources
Impact
The Badge solution will deliver:
Increased engagement with tourists before, during, and after their trip
Ability to surface personalized offers and experiences to users
Improved data collection on user behavior and preferences
Potential to drive incremental sales for partner businesses
Reduced friction in accessing offers and information for tourists
Additional Benefits:
100% opt-in engagement
100% first-party data collection
Higher engagement rates than traditional channels

🧱 Implementation Plan

Phase 1: Kickstart Program (3 months)
Set up Singapore Tourist Pass template
Integrate with 3-5 key attractions/partners
Test geofencing and notification capabilities
Phase 2: Expansion (3-6 months)
Onboard additional tourism partners
Implement personalization based on visitor preferences
Develop targeted campaigns for different visitor segments
Phase 3: Full Deployment (6+ months)
Develop loyalty marketing for repeat visitors
Create monetization opportunities with partner businesses
Implement advanced analytics and reporting

🏷️ Pricing

Monthly platform fee + per-active-pass pricing
No additional costs for engagement pushes or notifications
Platform Fee: $2,000 – $7,000/month
Pricing varies based on support and features:
$2K–$4K: Standard support and onboarding
$7K: SDK access for deeper integration, white-label options, and potential revenue-sharing models
Monthly Active Pass Pricing
Starts at $0.07 per pass, with volume discounts

🧧 Monetizing the Singapore Tourism Board’s Wallet Pass

Badge offers several monetization models for STB to turn the wallet pass into a revenue-generating tool while enhancing tourist engagement.
Direct Revenue Models
Partner Advertising Platform: Charge attractions like Sentosa for wallet push fees and ad campaigns
Premium Placement Fees: Sell featured placements to tourism businesses at premium rates
Tiered Partner Licensing: License the platform to Singapore businesses, charging per workspace or engagement
Transaction-Based Revenue
Commission on Bookings: Take a percentage on transactions driven by wallet passes
Lead Generation Fees: Charge for qualified leads delivered through the wallet
Conversion-Based Pricing: Charge brands based on campaign conversions
Platform-as-a-Service Model
White-Label Solution: License the platform to tourism partners
Subscription Tiers: Offer tiered subscriptions with no engagement push costs
Data Monetization (Privacy-Compliant)
Aggregated Tourism Insights: Sell anonymized tourism insights using first-party data
Tourism Trend Reports: Sell premium reports on tourism trends and spending patterns
Enhanced Visitor Experience Models
Premium Tourist Pass Tiers: Offer tiers with additional benefits and geofenced perks
Loyalty Program: Create a loyalty program for repeat visitors
Implementation Strategy
Kickstart Program: Start with select partners to demonstrate value
Phased Rollout: Focus on ROI based on proven success
Measure and Optimize: Track attribution and impact to ensure success
By implementing these models, STB can turn the wallet pass into a profitable revenue stream while enhancing the visitor experience and supporting Singapore’s tourism ecosystem.

⏭️ Next Steps:

Review with STB marketing team
Identify potential brand partners
Schedule technical discovery session
Develop implementation timeline and KPIs
Explore pilot programs with Singapore brands
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