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Spotzot Doubles Customer Roster in Q2

National Retailer Shoe Carnival Selects Spotzot to Power Mobile and Location Based Ads

SAN FRANCISCO, CA -- (Marketwired) -- 08/05/14 -- Spotzot, the leader in location-based mobile advertising for retailers and brands, is thrilled to announce that in the past three months its customer base doubled in size. Major retail brands such as Shoe Carnival, and others, are increasingly turning to Spotzot to power their mobile and location based advertising efforts.

In May, Spotzot launched an updated mobile advertising and couponing platform. Savvy retailers interested in bridging the gap between digital and physical retail sales are turning to Spotzot to make this a reality. Currently, Spotzot offers more than 200,000 daily offers from more than 600 national merchants. In addition data gathered by Spotzot shows that when retailers leverage mobile advertising, in-store sales can increase by as much as 10 percent.

"A lot has been made about the death of the physical retail store, but the reality is it's anything but doom and gloom for innovative retailers embracing mobile technology. Retailers today have access to easy to use and highly effective mobile tools that push shoppers back into stores. I can't think of a more exciting and future defining time to be in retail," said Pehr Luedtke, CEO of Spotzot. "Our business is ready to take off, and we're thrilled to partner with big named retailers like Shoe Carnival."

Spotzot is pioneering the digital to physical retail movement. For the past several years the company has been developing the underlying technology necessary to geo-locate consumers' location close to store locations. Spotzot has also developed a broad partner base, including well-known shopping applications such as Groupon. National retailers can use sophisticated location technology to identify and send customers deals on their favorite products, which can only be redeemed in-store.

Spotzot technology turns the mobile device into a highly personalized coupon and advertising platform. Retailers love Spotzot because they drive incremental store sales, and gain valuable insights and access to shoppers based on their real world location. Shoppers love Spotzot because they gain access to great deals from their favorite retailers directly on their mobile device.

About SpotZot

Spotzot is the leading location-based mobile advertising platform for retailers and brands -- connecting on-the-go shoppers with the best local offers. Its platform reaches more than 50 million mobile shoppers and 1 million national store locations. Headquartered in San Francisco, CA, Spotzot is privately held and backed by Foundation Capital, Cervin Ventures and Inventus Capital Partners. To learn more, visit: www.spotzot.com.

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