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January 16, 2013 07:01 pm GMT
Shopping app shopkick, now 4 million users strong,made some big waveswhen it first opened for business in 2010. With its combination of in-store hardware and user-friendly mobile app that pinged customers with deals when they walked into a participating merchant, it looked like one crucial part of the mobile commerce puzzle -- actually getting people to use their phones to get deals on goods and buy them -- was finally cracked. Today, at a time when many startups still shy away from talk of business models, Shopkick has done something else: it's reached profitability.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-hInMUQ7SIE/
Shopkick Says Its Now Profitable, With Its Shopping App Adding $200M In Sales For Target, Best Buy And Others In 2012
Shopping app shopkick, now 4 million users strong,made some big waveswhen it first opened for business in 2010. With its combination of in-store hardware and user-friendly mobile app that pinged customers with deals when they walked into a participating merchant, it looked like one crucial part of the mobile commerce puzzle -- actually getting people to use their phones to get deals on goods and buy them -- was finally cracked. Today, at a time when many startups still shy away from talk of business models, Shopkick has done something else: it's reached profitability.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-hInMUQ7SIE/
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