UK retail technology firm Jisp reports strong performance in H1 2024 as Scan & Save app popularity grows

Jisp reports rapid growth in the first half of 2024. Retail sales through its app topped £2.2 million, up 79% on the same period in 2023.

It says it is confident in finishing the year ahead of 2023 by year end, with the business having reported retail sales of £3.5 million for the whole of 2023. The growth means Scan & Save has now earned retailers £5.8 million since launch.

Shopper savings through the app have also seen growth with over £541,000 saved by shoppers in the first part of 2024, up 63% on the same period of 2023. It means shoppers are on track to save over a million in 2024 through Scan & Save, with £1.8 million having been saved since launch.

Total scans of the app’s AR vouchers also saw an upturn of 97% versus H1 figures for 2023. Voucher taps and redemptions through Scan & Save were also up 100% and 99% respectively.

The number of stores trading with Jisp at the half year point also saw a jump of 59% versus the same period in 2023.

With the cost-of-living crisis still taking its toll on shoppers’ budgets, and by extension retailers sales, Scan & Save’s popularity has grown significantly as retailers look to offer value in their stores in a way that rewards loyalty and keeps shoppers coming back for more.  

Shoppers are looking for simple ways to save money, and Jisp’s app-based solution offers discounts and cash rewards to be spent back in-store - top redeemers can save over £3,000 per year, while earning upwards of £800 in rewards.

“We ended 2023 exceptionally strongly and we were determined we would start 2024 in a similar rich vein of form,” says Jisp’s Managing Director, Ilann Hepworth.

“Our proposition is extremely relevant in current market conditions. In the challenging environment shoppers, retailers and brands are all facing into, we offer a solution that provides brands with a promotional route to market, fully supported by an extensive retail media package, that drives sales, retailers receive a loyalty rewards platform that builds loyalty, grows footfall and basket size and enhances margin, and shoppers receive exclusive discounts on top brands while earning rewards at a level far exceeding those offered by other loyalty card schemes.”

Meanwhile, working with Bioderma and utilising its Scan & Win proposition, Jisp elivered a multi-regional, simultaneous campaign activation in-store utilising smart digital, to connect auditable social actions with in-store execution.

The experiential campaign experience was well received by shoppers and was hailed by Bioderma for achieving its objective of launching its new range of serums in stores across Australia and Singapore, while also raising brand awareness and advocacy.

This followed a campaign with NAPA in Canada in the first quarter of 2024 which achieved 54% coverage across 10 provinces with 40% of winners re-engaging with the campaign more than once.

Following its launch at the Confex Trade Show in March, Jisp’s new wholesale specific loyalty platform ‘Confex Savings Club’ has attracted a lot of interest from Confex members up and down the UK resulting in a number of wholesalers registering with Jisp to take Confex Savings Club into their businesses.

“The two newest elements to our offering, Scan & Win and Confex Savings Club, have both been ramping up in the first half of 2024,” says Hepworth.

“We successfully delivered our campaigns in Australia and Singapore with Bioderma, much to their satisfaction, and have worked closely with the team at Confex to get the first wholesalers set up and ready to launch.”

“In addition, we’re also powering up a food service offering for Confex Savings Club, which will be a gamechanger for that sector.”