Spent App Unveils New Platform for Retailers to Get Even More Out of Holiday Sales

NEW YORK, Nov. 21, 2018 /PRNewswire/ -- Spent, a free mobile app that gives users cash back on everyday purchases, unveils a new platform that makes it easier for users to find tailored offers from retailers and provides retailers meaningful insights to help them extend even better offers to new and returning customers.

New Spent platform empowers merchants

The new Spent platform offers the smartest data in the industry about consumer spending. Working with major national merchants — from Walmart to eBay to Groupon — Spent can set up performance-based cash back campaigns in just minutes.

"Our new platform offers the retail community a snapshot of how America is spending money," said Erno Tauriainen, the founder of Spent. "We are able to provide retail partners insights and analytics into how consumers are spending and enrolling, allowing them to run targeted campaigns that increase conversion rates and customer loyalty with the people shopping through our app."

Spent's platform enables retailers to better serve the needs of customers through high level tracking of shopping habits. Server-to-server connectivity drives users of the Spent app directly to a merchant's app and allows Spent to track trends and purchase decisions of users through read-only access of information on purchases made with Spent retail partners. Customer conversion rates are as high as 40 percent using the Spent app, significantly higher than industry averages. 

Spent giving back to users

Just in time for the holidays, Spent has launched a new in-app experience and design that categorizes deals. Users receive recommended deals and premium offers and can review transactions and cash back rewards, pay in-store and purchase gift cards directly from the app.

And, in a spirit of giving back, Spent is offering even more cash back the week of Black Friday through exclusive premium offers from major retail partners and is waving any percentage it collects from retailers.

"What we are doing is unprecedented. This can put hundreds of thousands of additional dollars back into the pockets of our users," Tauriainen added. "To help run our business, we typically receive a percentage of a cash back offer. But this week, we are extending every bit of our cash back percentage to users. It is our way of giving back to the people who have downloaded our app and count on us to earn them money back on their everyday purchases."

Spent is partnering with major retailers this holiday season to extend premium offers to users. Those users simply link a debit or credit account through its safe, highly encrypted app with bank-level security and Spent takes care of providing cash back on purchases made through qualifying retailers.

12 Spent App deals for shopping Black Friday week

Here are some of the major retailers with premium cash back offers Nov. 23 - 30 through the Spent app (available for free download on Google Play or the App Store).

• Walmart - 4 percent premium Cash Back
• Groupon - up to 6.8 percent premium Cash Back
• Warby Parker - 11.2 percent premium Cash Back
• eBay - .8 percent premium Cash Back
• Shoes.com - 5.04 percent premium Cash Back
• Home Depot - 4.48 percent premium Cash Back
• Macy's - 2.08 percent premium Cash Back
• Hotels.com - 2.72 percent premium Cash Back
• Best Buy - .68 percent premium Cash Back
• Overstock - 3.44 percent premium Cash Back
• JCPenney - 3.36 percent premium Cash Back
• Nike - up to 2.04 percent premium Cash Back

Earn automatically

In addition to premium offers, some major merchants in Spent provide automatic cash back rewards. For example, shoppers going to Starbucks or McDonald's, or getting gas at places like Shell or ExxonMobil, receive 1 percent automatic cash back after linking their accounts. Redeeming cash back points takes only a few clicks to transfer to a user's PayPal account. 

Cash back + expense tracking too

Spent offers users a unique Smart Cash Back experience. The app finds automatic cash back opportunities for users and helps them get a snapshot of spending. The Spent app allows users to track and organize purchases, capture receipts, and submit expenses in real time, making it a smart, holistic cash back app.

For more information, visit spentapp.com.

About Spent

Spent helps people around the world save money and live better – anytime and anywhere – in retail stores, online, hotels, restaurants or transportation through their mobile devices.

Additional information about Spent can be found by downloading the mobile app and visiting http://www.spentapp.com, on Facebook at http://bit.ly/SpentFacebook on Twitter at http://twitter.com/spent_app and Instagram at https://www.instagram.com/spentapp/

Contact

Erno Tauriainen
[email protected]
+1 (646) 251-8128

SOURCE Spent

Related Links

https://www.spentapp.com