CHICAGO, April 26, 2016 /PRNewswire/ -- Label Insight, the leading provider of SaaS data solutions that strengthen the connections between CPG brands, retailers and consumers, and Scanbuy, the global leader in mobile marketing solutions, have partnered to enhance their respective end-to-end solutions for helping brands participate in the SmartLabel initiative.
Customers will benefit from Label Insight's deep product attribution expertise and Scanbuy's enterprise-class QR code management capabilities. Scanbuy will offer customers Label Insight's proprietary SmartSPEC technology which analyzes 15,000 attributes per product - such as nutrients and allergens - and automatically maps each of the mandatory SmartLabel attributes and nearly all of the voluntary attributes. In turn, Label Insight will offer Scanbuy's patent-protected, print-ready QR code services to customers who want to include codes on the packaging of SmartLabel-enabled products.
Led by the Grocery Manufacturers Association (GMA) and Food Marketing Institute (FMI), SmartLabel is a transparency initiative committed to building trust with consumers by providing comprehensive product information in an easy, standardized and accessible digital format.
"Label Insight's product data attribution capabilities are a perfect complement to our existing SmartLabel service," said Maryann Moschides, Chief Marketing Officer of Scanbuy. "It helps extend functionality to our existing SmartLabel clients, and to brands and companies that have yet to deliver on the SmartLabel promise. Most importantly our collaboration is making it even easier to bring consumers deeper insights into the products they want to buy."
"We're committed to making it as easy as possible for brands to participate in SmartLabel because we believe this initiative is a great step toward increased transparency," said Ronak Sheth, Chief Customer Officer of Label Insight. "Our partnership with Scanbuy delivers on this commitment, enhancing our existing SmartLabel solution with QR code technology that will aid consumers who are seeking additional product information."
This announcement comes on the heels of Label Insight's launch of their Sustainability SmartSPEC™, a sister product to SmartSPEC for SmartLabel™, containing more than 500 customizable attributes, such as recyclable and energy efficient, for retailers to choose from based on individual needs.
About Label Insight
Label Insight is the leading provider of SaaS data solutions, providing powerful insights and strengthening the connections between CPG brands, retailers and consumers. The company's cloud-based product data engine enables CPG brands and retailers to transform basic product data into smart attributes, providing a deep understanding of their product set. Label Insight offers an unmatched level of data, generating 15,000 attributes - such as nutrients and allergens - per product. These attributes serve as building blocks for a live view of data for more than 300,000 products across 17,000 brands, totaling over 80 percent of the U.S. retail food and beverage market. Label Insight customers use this deep level of product data to provide greater transparency to consumers; maximize category growth potential; easily participate in industry and government initiatives, such as SmartLabel™; and create more connected omni-channel experiences. To learn more about Label Insight, visit www.labelinsight.com.
Scanbuy is the global leader in developing mobile engagement solutions that power intelligent connections between the physical and digital world. The Scanbuy suite of products consists of cloud-based platforms for engagement, product packaging, marketing, couponing, advertising and much more. Our platforms are used by a wide variety of industries including retail, CPG, restaurant and media to create, manage and monitor dynamic mobile engagement campaigns. The ScanLife mobile app is used by millions of people around the world to discover new information and is available in the Android and iOS stores. To learn more about Scanbuy SmartLabel™ solutions, please visit http://www.scanlife.com/smartlabel.
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SOURCE Label Insight