Black Friday’s Over, Continue To Save Money With Philly Startup Snip Snap App

Snip Snap App,Philly startup,startups,startup, Black Friday, Retail, Couponing, Startup interview Back in May we brought you the story about Philadelphia startup Snip Snap App. We were so intrigued with the concept behind Snip Snap, that we actually posted this story, before founder Ted Mann got off the stage at TechCrunch Disrupt NYC.

Snip Snap App has saved me over $400 personally since last May. The concept is simple, it’s a wallet for your print coupons that allows you to crowdsource print coupons from other users. Now if you’re a real coupon king, or coupon queen, then you know that different regions have different coupons. With internet coupons on the rise, and more and more stores accepting coupons on phones, Snip Snap App is poised to save consumers hundreds of dollars.

Snip Snap App allows you to take photos of the coupons out of your local inserts, post them to the app and the community and then report on their success rate in usage. Gigantic nationally known chains like Kohl’s, Best Buy, Target, Old Navy, Aeropastle, Toys R Us and several fast food chains honor electronically stored coupons from just about anywhere, even if they say “some restrictions apply”.

If you’ve snipped a coupon that doesn’t work on redemption you simply report that in the app for others to know. Users can search coupons by name, location and more and they can see how successful those coupons have been by others that have actually used them.

With the biggest shopping day of the year behind us, we thought it was a great time to check in with Mann about Snip Snap and see what, if any, surge he saw in Black Friday.

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Cincinnati Startup: CoupSmart Turns Fans Into Revenue: INTERVIEW

Loyalty, rewards, couponing, it’s definitely a crowded space. Cincinnati startup CoupSmart says that it’s only crowded from indirect competitors. While many startups in the loyalty, rewards and couponing space offer help with engagement on social networks, CoupSmart says they deliver fans into revenue on and offline time and time again.

The startup, led by founder and CEO Blake Shipley says they’re all about the ROI. They don’t waste time building un-measurable campaigns or throwing coupons and offers around like water. Shipley knows how ineffective an actual coupon can be when looking for actual customer data.

In our interview below Shipley talks about how coupons are sorted by hand time and time again before they’re even shipped off for redemption. He experienced this first hand when he worked as an internal auditor at The Kroger Company’s Cincinnati headquarters. That’s what sparked his idea to create a better coupon platform.

We don’t need to tell you how crowded the space is and that everyone in the loyalty, reward and coupon space thinks they have the next biggest thing, but focusing on actual ROI will definitely perk the ears of hopeful clients.

One of the biggest complaints about loss leader Groupon is their ability to convert one time users into repeat users and effectively increase the businesses ROI. Many companies that have gone with the Groupon and Living Social model have lost their asses in margin just to get new customers in the door one time.

Whether it’s rewards programs, coupon programs or loyalty programs, someone is going to eventually break through the space with a platform or product that actual saves customers a decent amount of money, gets customers returning for more visits, and gets business owners the information they need.

Is CoupSmart that startup? Check out our interview below.

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