Leaders in Interactive Coupons and Mobile Partner to Bring Scale to Digital Coupons
Mountain View, Calif. – June 12, 2008 – Coupons, Inc., the world’s leading provider of printable coupon marketing and technology solutions, and Yahoo!, the company that defined the markets for display and search advertising in both PC and mobile, have expanded their current relationship to enable consumers to discover and redeem coupons from their phones while on the go. Coupons, Inc. dominates the online coupon space, with more than 800 brand relationships, thousands of coupon campaigns and the world’s leading online coupon distribution network. The company will make its mobile platform immediately available to all the brands in its network.
Mobile coupons are considered a promising source of revenue for mobile publishers; they are one of the marketing tactics consumers say they would welcome as part of their mobile experience. Early tests have lacked the scale that national brand marketers who spend the most on coupon promotions expect. Coupons, Inc. brought exactly that sort of scale to the printable coupon market by building a network of publishers that reaches hundreds of millions of consumers each month, and intends to do the same for its clients’ mobile coupons with partners like Yahoo!.
“We see mobile coupons as a natural extension of our leading digital marketing platform and a way to turn coupons into a strategic marketing vehicle that delivers value,” said Steve Boom, Senior Vice President, Mobile, Yahoo!. “Our global reach, leading position in mobile advertising and the ability to deliver the right offer to people, coupled with Coupons, Inc.’s leadership in coupons, creates a unique opportunity to define and catalyze the market for mobile coupon promotions. When consumers get a coupon they want it’s not seen as an ad ? but a gift.”
Leading brands like Papa John’s Pizza are lining up to take advantage of the new platform and planning mobile coupon campaigns:
“Papa John’s is excited about mobile coupons and is looking forward to working with Yahoo! and Coupons, Inc. on this innovative mobile marketing opportunity,” said Jim Ensign, Vice President of Marketing Communications at Papa John’s. “We see mobile coupons as a viable way of reaching our customers wherever they might be and another component of our integrated marketing campaigns.”
“Coupons, Inc. has been innovating coupon technology for a decade. Mobile coupons are a logical next step in the industry’s evolution, and we continue our commitment to drive interactive coupons with our new mobile initiative,” said Steven Boal, CEO of Coupons, Inc. “By partnering with Yahoo!, we will extend our customers’ reach to a new generation of consumers ? especially teens and young adults ? in a medium that best fits their lifestyles.”
Analysts agree. “Mobile coupons are a winning combination for consumers and marketers,” said Tim Bajarin, President of Creative Strategies. “Anything mobile that is easy to use and helps consumers save money will be warmly accepted. This partnership has the potential to finally push past some of the issues that have prevented mobile marketing from really taking off.”