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SA shopping community SnapnSave reports R40m in sales to brand partners
SnapnSave, which claims to be South Africa’s number one cashback coupon app, has reached a milestone having delivered over R40-million in retail sales, 50 million impressions and seven million engagements for brand partners including Reckitt Benckiser, Tiger Brands, Nestle and SAB.
In a press release earlier this month the SA company said it expects these numbers to treble in the next 12 months.
Snapnsave founder Mark Bradshaw claims one in eight South African smartphone users have already used a digital coupon.
“Historically, the challenge in SA has been that digital coupons have been limited to specific retailers. SnapnSave till-slip technology allows shoppers to get cashback wherever they shop and in turn allows brands to promote wherever and wherever they want,” he said in the press release.
SnapnSave technology allows shoppers to get cashback where they shop
Voted South Africa’s number one shopping app on IOS and with over 250,000 shoppers, SnapnSave is providing its brand partners a revolutionary marketing and promotion tool to engage with these mobile friendly shoppers.
In August the company announced that it had concluded a R14-million investment agreement with Kalon Venture Partners and The Smollen Group.
Read more: SA’s SnapnSave in R14m investment from Kalon Venture Partners, Smollan