CodeBroker Hits 125 Million Coupons, Claims Huge Redemption Rate

BELMONT, Mass. CodeBroker, the developer of shopper marketing solutions that strengthen the retailer-consumer relationship, today announced it has delivered more than 125 million secure, scannable mobile coupons through thousands of retail outlets.

“Consumers want relevant, timely coupons on their mobile devices and CodeBroker lets its retail partners answer this demand.”

The company also revealed that its retail partners are seeing average coupon redemption rates in the 30 – 50 percent range for on-demand or pull coupons and up to 10 percent for push coupons, clearly demonstrating the effectiveness of the smart, digital coupons delivered through its CodeBroker platform.

CodeBroker lets retailers setup and deliver smart mobile coupons in minutes, and gives its customers a complete picture of their campaigns, enabling them to track who received promotion information, who viewed it, and who used a coupon. CodeBroker’s one-of-a-kind ability to deliver secure coupons guarantees each consumer receives a unique offer that can only be used one time. Once a coupon has been redeemed, it is no longer valid in any delivery channel whether it be a smartphone app, SMS, email, Facebook, or Passbook.

“The acceptance of digital coupons has continued to grow rapidly, and our technology has made it easy for retailers to take advantage of this revolution,” said Dan Slavin, CodeBroker founder and CEO. “Consumers want relevant, timely coupons on their mobile devices and CodeBroker lets its retail partners answer this demand.”

CodeBroker also lets retailers take advantage of the wide variety of social media channels, such as FaceBook. For example, CodeBroker customers can securely distribute one-time use coupons from their Facebook page.

About CodeBroker

CodeBroker develops shopper marketing solutions that let retailers increase sales, strengthen customer loyalty, and learn more about customers. The CodeBroker Mobile Loyalty Solution is used by the largest big box retailers, specialty retailers and drug store chains throughout the U.S.

For more information, visit http://codebroker.com/