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Mobile coupon users to rise by 30% in 2013

by Will Corry on November 14, 2012 in Apps, Apps & Software, Ecommerce, FaceBook, Gadgets, Google, iPhone, Lead story, LinkedIn, Metrics, Mobile, Mobile Marketing, Mobile/Tablet, Pinterest

The number of consumers receiving coupons via mobile devices is expected to rise by 30% next year to more than 500 million people, a new report from Juniper Research has found. However, the report cautioned that retailer reluctance to upgrade POS (Point of Sale) terminals for authentication and redemption was creating a bottleneck, effectively suppressing the deployment of mobile coupons.

According to the report, continued growth in mobile coupon usage will in part be fuelled by the integration of couponing platforms into the leading social networks. Apple’s recent high-profile launch of Passbook is also expected to act as a catalyst to both coupon deployments and adoption. For example, the marketing services provider Valassis has recently launched a ‘Red Plum Social Savings’ app in the US which was built with the Facebook platform, while third-party loyalty/marketing and couponing providers such as Codebroker, Eagle Eye, Yowza! and Valpak have already created apps or microsites which deliver vouchers to Apple’s Passbook.

The report – Mobile Coupons: Strategies, Opportunities & Forecasts 2012-2017 – also observed that increasingly brands were transitioning from using coupons purely to drive retail footfall to strategies designed to develop longer-term relationships with consumers. It found that delivery and redemption data analytics were now being used not merely to assess the progress of a campaign but to gauge what offers could be tailored to which individuals.

But report author Dr Windsor Holden wanrns: “POS terminals can have a lifespan of a decade or more, so understandably retailers are wary about disrupting the terminal lifecycle and investing in new technology – whether NFC or barcode scanner – without being able to demonstrate a clear return on that investment .”

The report also suggests that mobile coupon redemption patterns are shifting, with consumers increasingly storing the coupon on the device rather than redeeming straightaway. Its also found that China has experienced a huge uplift in mobile couponing adoption over the past year, with one couponing app alone – Dianping – downloaded more than 40 million times.

http://shopitize.com/

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2 CommentsAdd yours

  • Alexey - November 14, 2012

    From retailer’s point of view the fastest way to process a coupon at the check-out, is not to process it at checkout at all.

    Modern smartphones are already in many ways ‘smarter’ than current POS systems and can be used to process and clear coupons. Giving users a free and easy way to verify their purchases and claim their coupons with their own smartphone is a very scalable solution whichever way you look at it. The only thing that remains then is to get the right data feed into shopper’s phone.
    At Shopitize we currently use paper receipts which shoppers snap with a free app to get this feed. The savings then are passed on directly into shopper’s accounts. This means, the system is not dependant on POS at all.

    And the next step would be to integrate existing POS feeds directly into shopper’s phones to make the process even easier for the consumer, and make coupon clearance on their phone almost entirely automatic. Now this becomes a truly scalable solution anyway you look at it.

  • Will Corry - November 14, 2012

    Alexey

    Thanks for this – and I want to wish you every possible success with Shopitize

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