Receipts Launches the Collective Movement Series, a Monthly Challenge with Brand Partners Across Fitness & Wellness.

Receipts, a new fitness rewards platform, announced its first challenge and brand partner in their Collective Movement Series – a monthly challenge featuring a collective fitness goal and a new premium brand partner every month.

The app connects directly to fitness trackers and rewards people with points for minutes at elevated heart rate during exercise – these are known as intensity minutes. Athletes on Receipts may redeem the points they earn for gift cards, perks, and experiences with brand partners across fitness & wellness. Brands are positioned as allies alongside athletes training to reach their fitness goals.

February’s challenge features Salomon and introduces Salomon’s latest shoe, the Aero Glide 3. Participants are challenged to collectively achieve 50,000 intensity minutes in order to win gift cards, running shoes, running vests, and bonus points.

The experience

In addition to challenges, athletes on Receipts can compete with friends on weekly leaderboards, track their week over week progress, and share photos & videos of workouts & training.

Two new features – streaks & goals – were introduced in the lead up to the Collective Movement Series. Streaks allow athletes on the platform to earn bonus points every week and keep consistent; goals allow athletes to set fitness goals and put up points as collateral – adding an extra layer of accountability and motivation.

Drops, a new way to redeem points, are coming soon to the platform. Giving brand partners a way to showcase upcoming releases, in a limited, time-sensitive, exclusive experience.

Aligning incentives between brands and people

Receipts is on a mission to motivate and inspire people to stay active and move their bodies. While exercise is widely considered the single most powerful tool to enhance lifespan and healthspan, it is also true that:

• 88% of U.S. adults are metabolically unhealthy
• 77% of the U.S. population does not regularly exercise
• Poor cardio fitness carries a greater relative risk of mortality than smoking.

Brands in fitness and wellness often serve as a guiding presence and source of inspiration, but spend ~$280 billion annually targeting and acquiring customers.

Receipts is building to align incentives between the outdated healthcare system, the growing fitness industry, and those striving to reach their physical potential – or simply move a bit more every day.