Jisp has reported that it finished 2023 in a record-breaking position, with retail sales through its Scan & Save mobile app solution increasing 327% to £3.5m for 2023 following an “exceptional” end to the year.
Shopper savings through the app reached £875,000 in 2023, up 31.4% on the previous year, resulting in shoppers saving almost £1.5m through Scan & Save since its launch. This follows an increase in shoppers in 2023 of 21%.
Total scans of the app’s AR vouchers also saw an upturn of 90% on the previous year, with scans hitting 1.9m for 2023, and bringing total scan since launch to almost 3m.
In addition, the number of stores trading with Jisp in 2023 also saw a jump of 62% year-on-year.
Jisp’s work with big brands continued to grow at pace, with a 41% increase in the number of brand partners trading through the Scan & Save app, and the business boasting an 81% retention rate. Revenues from brands wanting to benefit from the reach, increased sales and shopper insights provided by Jisp increased 524% in 2023 compared to the previous year.
Managing Director, Ilann Hepworth, said: “The level of growth we’ve experienced across the business has been phenomenal particularly the 327% increase in retail sales. It’s also pleasing that through what has been a tough year for shoppers we were able to provide savings of approaching £1m in a single year, including some strong pre-Christmas promotions to help out over the festive period.
“We’ve got lots more to come in 2024, we’re set to launch a number of global campaigns with commercial partners from this February and we have another big UK wholesale announcement following on from the launch of our wholesale platform, which we believe will be a real game changer. Watch this space.”
