|By Business Wire||
|December 6, 2012 08:30 AM EST||
Clutch, the mobile commerce company, today unveiled its platform that uniquely unites shopping, loyalty and gifting to deliver the most relevant offers to consumers and the most targeted customers to merchants. Its consumer-facing application by the same name, which is available now for free in the Apple App Store or at www.clutch.com, eliminates the need for multiple apps, enabling consumers to manage gift and loyalty cards, daily deals, coupons, offer searches, purchases, shopping comparisons, social gifting and mobile payments all in one place. The first 1,000 consumers who download and register the Clutch app will receive a selection of pre-loaded digital gift cards from adidas, FTD, Maui Jim and SpaFinder worth $25. Clutch currently supports hundreds of leading brands and merchants and aggregates more than 100,000 deals, offers and rebates daily.
Clutch List is where users can store all of their favorite shopping related items for quick and easy access. (Photo: Business Wire)
Clutch Capitalizes on Mobile Commerce Growth and Gift Card Industry Shift
According to Forrester Research, mobile commerce is expected to reach $31 billion by 2016, growing at a 39 percent annual compound rate. This significant growth is shifting the $100 billion physical gift card market towards mobile. In fact, more than half of retailers (61 percent) plan to use mobile gift cards and 43 percent of customers prefer to use the mobile medium for gift cards, according to Transaction Wireless and Aberdeen.
Capitalizing on this market opportunity, the Clutch app simplifies mobile shopping for consumers while exploiting a lucrative niche within the growing $484 billion pre-paid retail gift card, loyalty and cash replacement card markets (source: Mercator Advisory Group). Unlike the point solutions available today, Clutch eliminates the need for both physical cards and multiple apps for storing data. Its proprietary recommendation engine stimulates consumer spending by offering relevant deals to each user based on their personal, time and location data, while strengthening brand relationships by capturing valuable information and leveraging targeted marketing opportunities.
“Mobile shopping today is fragmented. Consumers must juggle a blizzard of shopping-related apps with narrow functionality including separate apps for rewards programs, coupons, daily deals, shopping searches, shopping lists, mobile wallets, price comparisons and gifting, among others,” said Andy O’Dell, co-founder and chief commercial officer at Clutch. “Clutch brings all of these functions into one interface and enables consumers to actually purchase products from a wide array of merchants.”
Additionally, by requiring users to register cards upon purchase, the Clutch app provides visibility into those consumers buying the cards along with the recipients. This gives brands a 1:1 connection with their high value consumers and solves the core problems card issuers face – breakage and escheatment of funds.
Free Clutch App Gives Consumers the Perfect Mobile Shopping Experience
Clutch is the only mobile app where consumers can get the best deals, give the best gifts, and share it all with friends and family in a single place. Its proprietary recommendation engine provides users with highly relevant and timely shopping offers, tailored for them based on time, location and personal data including gift lists, loyalty programs and offers. Consumers can also make purchases within the app, which integrates with Apple’s Passbook, with just a few taps.
In addition, gift giving is made simpler and more intimate with Clutch. Integration with Facebook enables users to quickly access their friends’ wish lists for smarter gift purchasing decisions. When purchasing an eGift card through the app, consumers can personalize it with a video, photo and/or message for each gift recipient, making the experience less transactional.
Clutch Empowers Merchants to Grow Revenues with Relevant and Timely Offers and Reduce Escheatment
The Clutch platform integrates shopping, gifting and loyalty solutions with users’ real-time location, preference and friend data. This empowers merchants to provide relevant and timely information to customers to help them get better offers and give better gifts. Merchants benefit from a direct-to-consumer marketing channel informed by rich data across retailers, gift lists created by the app user and their friends, past responses to offers and geo-location information. Additionally, because of Clutch’s registration process, gift card buyers and recipients are no longer anonymous, allowing brands to identify and engage more of their customers.
“The scope of the mobile commerce functionality offered by Clutch is what really differentiates it in the marketplace,” said Andrew B. Morris, a principal in the mobile commerce practice at inCode Consulting Group and a chairperson of NRF’s Mobile Blueprint Committee. “Clutch’s seamless integration of mobile wallet, mobile shopping and social media is a truly unique value proposition for both consumers and merchants. There are some very interesting possibilities here.”
The Clutch management team is composed of executives who have played vital roles in a number of successful entrepreneurial ventures and worked with some of the largest brands including Coca-Cola, HONEST Tea, eBay and Nike. The privately-held company has secured an undisclosed amount of funding.
Clutch provides the only mobile platform that unites shopping, loyalty and gifting, delivering the most relevant offers to consumers and the most targeted customers to merchants. With its proprietary recommendation engine, the Clutch mobile app enables consumers to get the best deals, give the best gifts, and share it all with their friends and family in a single place. For more information, please visit www.clutch.com, follow Clutch on Twitter @ClutchShopping or like Clutch on Facebook.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busin...
Apr. 24, 2017 08:15 PM EDT Reads: 338
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Apr. 24, 2017 08:00 PM EDT Reads: 679
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
Apr. 24, 2017 07:45 PM EDT Reads: 2,118
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Apr. 24, 2017 07:30 PM EDT Reads: 2,101
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Apr. 24, 2017 07:15 PM EDT Reads: 2,396
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Apr. 24, 2017 07:00 PM EDT Reads: 720
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
Apr. 24, 2017 06:45 PM EDT Reads: 566
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Apr. 24, 2017 06:45 PM EDT Reads: 679
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Apr. 24, 2017 06:30 PM EDT Reads: 627
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
Apr. 24, 2017 06:30 PM EDT Reads: 1,658
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Apr. 24, 2017 04:45 PM EDT Reads: 3,416
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Apr. 24, 2017 04:45 PM EDT Reads: 2,081
Quickly find the root cause of complex database problems slowing down your applications. Up to 88% of all application performance issues are related to the database. DPA’s unique response time analysis shows you exactly what needs fixing - in four clicks or less. Optimize performance anywhere. Database Performance Analyzer monitors on-premises, on VMware®, and in the Cloud, including Amazon® AWS and Azure™ virtual machines.
Apr. 24, 2017 04:30 PM EDT Reads: 1,648
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Apr. 24, 2017 04:30 PM EDT Reads: 1,990
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Apr. 24, 2017 03:45 PM EDT Reads: 2,523