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Christian Derwein

The Power of Velveeta: Shopkick Announces 3 Million Product Scans - 0 views

techcrunch.com/...ounces-3-million-product-scans

markteintrittsstrategie LBS startup

shared by Christian Derwein on 20 Apr 11 - No Cached
  • Sleeper location-based service Shopkick is quietly amassing some impressive numbers.
  • Shopkick is different that other location based services for a few reasons
  • Its raison d’être isn’t to be social, it’s to help shoppers get greater rewards for loyalty behavior, not to mention rewards that can be shared across multiple retailers.
  • ...7 more annotations...
  • But it also gives retailers a box that counts a check in only when someone is actually walking into the store, not checking in from the taco truck across the street.
  • The case for what consumers get out of it is pretty clear, and the case for what stores get out of it is pretty clear.
  • But the case for brands is less clear, and that’s one reason Shopkick is spending a lot of time on it.
  • “It’s not just focused on food and grocery, it’s focused on the consumer’s entire life
  • It’s more integrated into everything the consumer is doing.”
  • Brands and retailers pay Shopkick a fee when Kickbucks are offered and can chose to offer more Kickbucks to juice certain behaviors.
  • It’s not too different from companies allocating part of their ad budgets to a promotion over Groupon– it’s more targeted, with a clear call-to-action and far more measurable than other forms of advertising.
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