You're watching...
Shopkick CEO Cyriac Roeding on how consumers can benefit from using the company’s app when shopping.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Or at this moment.
Well if you don't have this apt you should try and downloaded.
Right now it's been named one of the best new -- around shop -- -- shoppers whereabouts and then send them discounts -- rewards tied to wed ever store their shopping and with more than two million users it's still showing no signs of slowing down joining -- now with the company's co-founder.
And CEO Syria accurate reading thank you for joining us and happy -- they have congratulations happy university -- Harry -- when it today.
Is -- one year anniversary we're happy to have you here 2.2 million users you have over six point five million bar codes product bar codes now.
Amongst your product line Macy's passed by all these -- stellar names.
How you gonna top this year.
Well we just try to -- -- today actually on this day we.
Went back to American Eagle to the flagship store attack in Times Square where we bonds -- here exactly to the day in the same how are.
And today we announced that Toys 'R' Us is going to run a pilot.
In the starting in the fall season of this year.
And we thought Christmas is coming to holiday season without toys is could become a -- we we have to have that facility at the Toys 'R' Us.
And then in style.
Decided to become a part of shopping which will be really interesting starting today you can select -- -- in -- in the -- and it shows you recommend recommend the products in the out that she confided -- at Macy's.
What American Eagle and you go to our partner stores and in stunt -- to for it.
This is all very inundated and and cool frankly but.
Syria today we had numbers from Abercrombie and sanction and consumer sentiment numbers that show that people are just really wary about whether or not they wanna go out there and shop.
So how -- this -- environment are you inspiring people to go out there and spend their money when the.
Just frankly don't seem to want to do so.
So that's exactly what we started -- Shopkeeper rewards used simply for walking into the store you don't even have to buy anything yet you just walk through the door off the store.
And a special signal in the store gets picked up by the microphone if you're a few -- kick out.
And it rewards you give you kicks and these -- can be -- at at any store that is apart enough -- -- and you can -- at a store you can go to Best Buy earned -- spent on a target or vice Versa and what you could spend them on FaceBook credits and I -- games or donate them to charity.
And that is so exciting for consumers but when we doubled -- and we go from fifty to a hundred -- The store traffic off -- He uses coming through the door goes up between fifty to a 100% every time we do that while today we will give you 200 case that's more than double the normal rate.
I'm sure the numbers will go through the -- Area what what what are retailers who are not using your product telling you why would someone not uses because it sounds like a no brainer so that's what we're trying to figure out ourselves.
Now I mean the real answer to the question is that everybody is first looking at new ideas and doesn't know if imports that's exactly why we had always been today today we released numbers.
We released statements -- from our retail partners so for the business it's worth the because it hits their bottom line indicator showing an impact to the bottom line it is so much worth it that Best Buy rolled out nationwide -- from -- markets to all fifty states after only nine months of testing.
Sports authority decided to announce that today that they will do it before the holidays Simon malts -- nation wide last week.
To all two and a fifty -- to the largest mall operator pantry.
And a crate and barrel and and and west L went nationwide from day one months.
Syria that we have two seconds I want to know the one thing that keeps you up at night as you.
Growing and and trying to expand let's go rest of to me I don't know asset.
The one thing that keeps another night as we wanna become the -- -- and become.
So large that.
It is a no brainer for every retailer and Brian -- to join us because we -- -- not 2.2 million users which is a lot after a year but what if you have ten million.
What does that twenty.
Our that it becomes really.
Thank you very much Syria hurting CEO and co-founder shop -- we haven't checked out that -- Definitely -- today they --
