Retail technology company Jisp has announced that retail sales through its Scan & Save mobile app solution have rocketed by 342 per cent in 2023 to reach £3.36million to date, with £2.6million of that achieved in 2023 alone.
Shopper savings through the app have exceeded £1.35m with almost £850,000 of that attributed to this year.
When Jisp last announced its record retail growth in August 2023, retail sales had reached £2.5million meaning a huge surge of an additional £860,000 in just a few short months.
Total scans of the app’s AR vouchers have exceeded the 2.5million mark with 1.5million of those coming in 2023 and 500,000 being added since August’s report, emphasising the dramatic trajectory of the app-based solution.
This trend in shopper engagement has continued with week-on-week data showing an 82.3 per cent uplift in downloads of the app for week ending 15 October compared to the previous week, and a 137 per cent increase in new users. Scans were also up 17 per cent for the same week while the number of repeat redemptions was up 27.5 per cent.
“The continued stratospheric rise in the success of Scan & Save is testament to the relevance of a value driven loyalty reward platform for the convenience market,” said Jisp’s managing director, Ilann Hepworth. “In the first quarter of the year, it was already clear there was increased demand for savings through app-based retail solutions with us seeing a 600 per cent increase in users, and that demand has only intensified.
“To have seen us add £2.6million in retail sales in the first three quarters of the year is staggering. To see those figures jump 47 per cent in just the few months since our August announcement shows the acceleration of our performance and with the recent announcement that Nisa is set to accelerate the roll out of Scan & Save to all Nisa retailers, that shows no sign in slowing down.”
Scan & Save offers both a loyalty and reward scheme for independent retailers. The money-off vouchers can be used in a specific local store whilst the shopper earns rewards. The scheme ensures shopper loyalty to local stores help communities thrive by keeping spend local.
Shoppers download the app from their mobile device and load vouchers into their wallet. Once in store, they simply present / scan the vouchers at the till point to redeem them saving pounds on their weekly shop.
Scan & Save is free to retailers, drives increased sales, basket size, spend, frequency and shares brand investment with the retailer, something no other platform offers. A small deposit is payable for stores needing the Jisp Mini device, but this is returned after 12 months trading with Jisp.