Category Archives: News Release

Social Shopping Network Retailcommon Available Now in U.S.

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Innovative Retail Engagement Tool Greets Holiday Shopping Season; Kills Junk Mail

TORONTO—November 17, 2014 – Retailcommon, the Toronto based social shopping network that serves more than 6,000 retail locations and 20 million customers in Canada and Europe, has launched operations in the U.S. in time for the important holiday shopping season. The company has selected Chicago as its U.S. headquarters. Retailcommon is a revolutionary way for retailers to connect with their customers’ mobile devices while they are actively shopping.

Notable retailers Macy’s, Kenneth Cole, Athleta, and Payless Shoesource are among the first in the U.S. to discover that Retailcommon is the first social shopping platform designed with their interests at heart. Retailcommon’s clients use adaptive, web-based administration tools to instantly create and distribute promotional and advertising content to generate traffic, increase sales and build customer engagement. Retailers can plan, execute and optimize advertising and promotional campaigns in real time.

Consumers see the messages on their smart devices in a Pinterest-style display thanks to a mobile platform that integrates seamlessly to the retailer’s website. Retailers get instant data on how the marketing efforts are performing and can quickly optimize content to maximize results.

“We are extremely excited to show U.S. retailers how to save time, money, and aggravation by using Retailcommon to really engage with their customers,” said Retailcommon CEO James Cunningham. “We are changing the way retailers and consumers think about social shopping. Our current retail partners are seeing significant month-over-month growth as their customers spend increased time reviewing and sharing the promotional offers they see.”

Retailcommon Makes Direct Mail Obsolete

U.S. companies last year spent $170 billion on “direct marketing”—junk mail of both the physical and electronic varieties—according to the Chief Marketing Council Office. But only three percent of those receiving unsolicited material bought anything as a result. However based on its performance in Europe and Canada, retailers who adopt Retailcommon’s technology in the U.S. can say goodbye to junk mail. Instead of long planning cycles, high costs, and slow results retailers can advertise this afternoon what arrived in their stores this morning. With Retailcommon, performance can be measured in minutes rather than months.

Unlike other promotion marketing services Retailcommon and its YROO.com ecosystem allows clients to entirely control content and distribution, with minimal impact on financial and human resources. All of Retailcommon’s technology is easily integrated into existing digital assets for the most efficient implementation for centers and retailers alike. The cloud-based system permits retailers to manage their offers and track real-time results.

“We put the power of Retailcommon’s technology in each retailer’s hands,” Cunningham said. “The intuitive design lets retailers target marketing initiatives by store and day part; track performance in real time; and instantly optimize content based on the results.  They’re seeing data within seconds.”

Business owners interested in putting the Retailcommon marketing platform to work for them should contact the company directly using the Retailcommon website contact us page. Our team will gather some key information regarding the business and specific needs. Set up can be accomplished in a matter of minutes.

All of the promotional offers on Retailcommon are easily navigated, shared and redeemed. For shoppers there is no app to download, which eliminates slow updates and gives the consumer full control of registering, providing personal data and location sharing.

Retailcommon Closes $2 Million Series A Financing

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U.S. Introduction of Innovative Retail Engagement Tool Slated for November 1
Investor Sean St. John Leads in Significant Way

 

TORONTO—October 21, 2014 – Retailcommon, a Toronto based social shopping network, today announced it has raised $2 million in Series A financing. The company, which developed a revolutionary way for retailers to connect with their customers’ mobile devices while they are actively shopping, also announced it will launch the Retailcommon services in the U.S. on November 1, 2014.   Further details on the U.S. rollout will be announced soon.

The Most Effective Way for Retailers to Connect with Customers on Mobile Devices

The company is the first social shopping platform designed with retailers in mind. Using the Retailcommon platform, retailers can plan, execute and optimize advertising and promotional campaigns in real time.

“Retailcommon has been delivering results in Canada for three years, where we introduced this new concept to change the way retailers and consumers think about social shopping,” said Retailcommon CEO James Cunningham. “Then we began selling and raising capital to strengthen the balance sheet in preparation for our next phase of growth.  We are encouraged by the belief investors and customers have in the power of Retailcommon to transform retail business. The new capital, with the experience of our A-list team of investors and proven track record in Canada and Europe, gives us incredible fuel and flexibility to accelerate growth.”

“Retailcommon has a relentless focus on working with outstanding entrepreneurs to build category-leading service in the retail industry,” said Sean St. John, co-head and managing director of fixed-income, National Bank Financial Markets of Canada. “Retailcommon has built an amazing experience for consumers and businesses in Europe and Canada and is poised for unprecedented growth in the United States. We are excited to work with James and his team helping Retailcommon continue on its phenomenal trajectory.”

This round’s Retailcommon backers join an all-star list of angels and investors including:

Michael Emory — President & CEO, Allied Properties REIT
Richard Hamm — CEO, Bristol Gate Capital & Director, Plaza Retail REIT
Blake Loveless — Managing Principal, MeyerBergman Funds
Peter Sharpe — Former President, CEO, Chairman, Cadillac Fairview

Retailcommon’s clients use the adaptive, web-based administration tools to instantly create and distribute promotional and advertising content to generate traffic, increase sales and build customer engagement. Unlike other promotion marketing services Retailcommon and its YROO ecosystem allows clients to entirely control content and distribution, with minimal impact on financial and human resources. All of Retailcommon’s technology is quickly and easily integrated into existing digital assets for the most efficient implementation for centers and retailers alike. The cloud-based system permits retailers to manage their offers and track real-time results.

“We put the power of Retailcommon’s technology in each retailer’s hands,” Cunningham said. “The intuitive design lets retailers target marketing initiatives by store and day part; track performance in real time; and instantly optimize content based on the results.  They’re seeing data within seconds.”

According to the Chief Marketing Council Office, companies spent $170 billion on “direct marketing”—junk mail of both the physical and electronic varieties—in America alone last year. Yet of those who received unsolicited adverts through the post, only 3 percent bought anything as a result.  With its track record in Europe and Canada, Retailcommon has the track record in to be a major online marketing disruptor in the United States with its state-of-the art electronic platform for shopping centers, retailers and consumers.

All of the promotional offers on Retailcommon are easily navigated, shared and redeemed. For shoppers there is no app to download, which eliminates slow updates and gives the consumer full control of registering, providing personal data and location sharing.

About Retailcommon 

More than 20 million consumers are now engaging with their favorite merchants via Retailcommon at 128 shopping centers and malls across Canada and Europe. These retailers already use retailcommon’s patented, mobile-first adaptive web application to drive 20 million new and existing retail customers to their physical store locations.

 

Caribbean prepaid debit card picks Canadian content management system retailcommon for mobile integration

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NASSAU, BAHAMAS and TORONTO, CANADA, May 16, 2013 /CNW/ – Mango, the Bahamian reloadable prepaid debit card, has chosen retailcommon, the Canadian mobile content management system, to integrate the system with smartphones and other mobile devices. This will enable Mango merchants to promote discounts, deals and offers to consumers via mobile devices, allow consumers to pay for those offerings with their Mango card, and facilitate data harvesting and analysis at each step of the transaction.

“With this partnership Mango now brings even greater value to our consumer and merchant customers.” said Harvey Morris, President of Mango. “It uses the latest technology to bring more business to Mango merchants, gives Mango card holders access to convenient, safe payments and mobile offers and firmly places Mango at the leading edge of mobile commerce.”

“Our easy-to-use system is dedicated to bringing the mobile revolution in-store – pulling traffic into bricks and mortar locations so that customers can touch and feel what they’re buying and also get the full experience of the retailer or restaurant’s staff and environment.” added retailcommon’s President, James Cunningham. “Mango card holders and merchants are the perfect community to take full advantage of our mobile content management system. We are excited to work with great retailers including John Bull, Starbucks, and Burger King”

The Mango network has achieved great traction in the Bahamas and will soon expand to other Caribbean nations. The payment card eliminates the need to carry cash and also allows for better money management and control, even for those who do not currently have a bank account. In addition to payments at Mango merchants, it can also be used to send money to a friend, pay bills or give as a gift card.

The retailcommon mobile content management system will be immediately available to all 250 current Mango merchants located throughout the Bahamas, and is part of the merchant package for new clients. The content system operates ‘in the cloud’, so neither the merchant or Mango card holder needs to download any app or software. The offer and promotion content is created in minutes and instantly accessible on any smartphone or tablet.

About Mango:

TSP is a Bahamian payment processing company incorporated in 2007. With domestic core competencies in advanced software, networking and hardware technology, TSP specializes in the research, development and introduction of innovative technologies geared towards the “Payments” industry in the Caribbean Region.

TSP’s Mango-branded product offering includes cutting edge electronic payment solutions to organizational clients in a range of industries as well as individuals in the “un-banked” market.

The new suite of Mango payment solutions is based on an electronic wallet that can be accessed online, through a Point of Sale (POS) terminal and through Short Message Standard (SMS) over the wireless telephone network.

TSP is committed to bringing the economic advantages of an efficient cash-free environment to the many that don’t otherwise have access to basic financial services. We are creating powerful payment solutions that will have a positive socio-economic impact in the communities we serve. http://www.getamango.com

About retailcommon:

retailcommon is the simplest, most effective content management system (Patent Pending) for creating, distributing and analyzing mobile promotions. It enables any business to instantly harness the power of the mobile revolution in pulling traffic, increasing sales and building customer engagement.

Retailers can easily create mobile coupons for promotion and delivery to existing and new customers through digital and legacy media, continuously tracking response and redemption data. Unlike other coupon services, retailcommon allows its clients to control pricing, margin, content and distribution, while maintaining ownership over the customer and tracking data. The product does not require consumers to download an app in order to access the coupon and it works on all smartphone devices.

retailcommon expands international reach with Netherlands mall owner Syntrus Achmea

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TORONTO, Nov. 14, 2012 /CNW/ – Canadian mobile marketing platform retailcommon today announced that it will be expanding its relationship with Dutch asset management company Syntrus Achmea Real Estate & Finance, one of the largest owners of shopping centers in the Netherlands.

“Syntrus Achmea is one of the world’s leading asset management firms and the owner of a number of major retail centres. We are thrilled that they have decided to expand their relationship with retailcommon,” said retailcommon CEO James Cunningham. “After a successful pilot project in two of their shopping centers, we will now be offering our mobile promotional platform in all of Syntrus Achmea’s Netherlands shopping centre locations.”

retailcommon, a leader in the mobile marketing industry, enables B2C companies to drive consumers to physical locations by providing them with a software service that delivers e-coupons to consumers’ mobile devices. retailcommon supports Syntrus Achmea and their retail tenants by providing a mobile promotion tool to drive sales at their shopping centers.

“retailcommon’s application has been hugely beneficial to our shopping centers,” said René Vierkant, Managing Director Retail Investments at Syntrus Achmea. “It is unique in providing us with the ability to help our retailers pull traffic to their shops, and giving them access to all the advantages of mobile over traditional advertising in targeting and engaging their prime consumer audiences. It also helps our centres to be easily found by consumers on both the mobile and desktop internet and delivers fresh insights into consumer desires and behaviour.”

The rollout to Syntrus Achmea’s roster of properties will begin January 1 and be fully implemented by March of 2013.

About retailcommon

retailcommon enables retailers and consumer product or service companies to create mobile coupons for promotion and delivery to existing and new customers through digital and legacy media, continuously tracking response and redemption data. Unlike other coupon services, retailcommon allows its clients to control pricing, margin, content and distribution, while maintaining ownership over the customer and tracking data.

The product does not require consumers to download an app in order to access the coupon and it works across all operating platforms. retailcommon’s solution also provides client businesses with insight into the performance of social media platforms and which ones are allowing them to best reach and motivate their customers. www.retailcommon.com

About Syntrus Achmea

Syntrus Achmea Real Estate & Finance is a Dutch asset management company handling real estate and mortgages. We invest in, finance and develop real estate for the investment portfolios of Dutch pension funds and other institutional investors. With a total investment portfolio of more than €14 billion, Syntrus Achmea Real Estate & Finance is one of the largest real estate investors in the Netherlands. We invest in European, North-American and in Asiatic real estate too, through our AREA Funds for indirect non-listed real estate. Syntrus Achmea stand for responsible returns, sustainability, high-quality real estate and transparency. Syntrus Achmea Real Estate & Finance is part of Syntrus Achmea. More information can be found on www.syntrusachmea.com

Geomedia takes their business mobile with retailcommon

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TORONTO, Sept. 4, 2012 /CNW/ – Canadian mobile coupon software provider retailcommon today announced an exciting partnership with Geomedia, a specialist in media analytics and Canada’s largest manager of geo-targeted advertising.

With over 8 million smartphone users in Canada it is increasingly important for retailers to be able to connect with consumers on their mobile devices. retailcommon, a market leader in the mobile coupon industry, enables B2C companies to drive consumers to physical locations by providing them with a software service that delivers e-coupons to consumers’ mobile devices. Geomedia manages more promotional messages each week in Canada than any other company. The partnership with retailcommon presents an opportunity for that messaging to be delivered on a mobile device, giving consumers immediate access to sales and promotions on the products they want.

“Geomedia has been the clear market leader and innovator in Canadian media analytics for some time” said James Cunningham, President of retailcommon. “They are recognized for providing leading edge solutions in both the legacy and digital space. That is why they service so many of Canada’s most successful tier one retailers. We are thrilled that they have chosen retailcommon to take their business mobile.”

“With over two decades in retail media analytics, we bring a unique perspective to the business. We are looking to bring digital advertising to retail in a way that has not yet happened in Canada,” said Steve Acland, President, Geomedia. “retailcommon is the first company with technology that services the needs and speed of our business. Their solution and interface are easy to use but the technology behind the scenes is extremely sophisticated.”

retailcommon enables retailers and consumer product or service companies to create mobile coupons for promotion and delivery to existing and new customers through digital and legacy media, and track response and redemption data. Unlike other coupon services, retailcommon allows its clients to control pricing, margin, content and distribution, while maintaining ownership over the customer and tracking data.

retailcommon’s solution allows businesses to reach existing and new customers through email, Facebook, Twitter, SMS and QR code. The product does not require consumers to download an app in order to access the coupon and it works across all operating platforms. retailcommon’s solution also provides client businesses with insight into which social media platforms are allowing them to best reach their customers.

Beam Canada Inc. goes mobile with retailcommon

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Canadian mobile coupon shop scores big with premium spirits company

TORONTO, Aug. 8, 2012 /CNW/ – retailcommon today announced an exciting partnership with one of the world’s biggest spirits companies, Beam Canada Inc. (Beam).

retailcommon is a market leader in the mobile coupon industry, enabling B2C companies to drive consumers to physical locations by providing them with a software service that delivers e-coupons to consumers’ mobile devices.

“We are thrilled about this exciting partnership with Beam,” said retailcommon CEO James Cunningham. “There are over 8 million smartphone users in Canada, a number that is growing daily. The mobile space is becoming an increasingly important medium for businesses to reach their consumers. We are very encouraged that Beam has chosen retailcommon to help amplify their brands.”

“Mobile is a great way for us to engage our existing consumers and grow our consumer base,” said Cheryl Hudson, Senior Brand Manager at Beam. “retailcommon’s solution is far superior to any other mobile promotion service. They offer a top of the line product that is easy to use and provides us with increased insight into our consumer.”

retailcommon enables retailers, consumer product or service companies to create mobile coupons for promotion and delivery to existing and new customers through digital and legacy media, and track response and redemption data. Unlike other coupon services, retailcommon allows its clients to control pricing, margin, content and distribution, while maintaining ownership over the customer and tracking data. retailcommon has run successful pilot projects with companies such as Salomon and The North Face.

retailcommon’s solution allows businesses to reach existing and new customers through email, Facebook, Twitter, SMS and QR code. Furthermore, promotions can be shared using social media allowing the client to amplify its reach. The solution also provides client businesses with insight into which social media platforms are allowing them to best reach their customers.

Toronto Startup Retailcommon Raises $250K

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Mobile coupon platform retailcommon has raised an additional $250,000 in funding from its current shareholders. The Toronto startup will use the money to “execute on the company’s current sales plan and to capitalize on emerging global opportunities.”

Retailcommon’s software as a service allows consumer products or services companies to create and deliver mobile coupons, promote to existing and new customers through digital and legacy media, and track response and redemption data. Retailcommon has run pilots with retailers in Canada including The North Face and “is in final negotiations” to launch their mall platform with shopping centre owners in the U.K. and Netherlands.

“Over 8 million people in Canada now own smartphones,” says James Cunningham, retailcommon Director of Business Development. “With similar figures in other countries, the market for mobile solutions is growing daily and is about to hit the hockey stick curve as smartphone penetration increases. The flexibility and ease of use of our platform is something that will capitalize on this explosion, adding value for businesses, consumers and our shareholders.”

Retailcommon differentiates itself by utilizing a system in which consumers “need only tap a link on their smartphone to access the coupons” while the advertiser can “fully control pricing, margin, content, and distribution as well as customer and tracking data.”