MOUNTAIN VIEW, Calif., Nov. 28, 2016 /PRNewswire/ -- Quotient Technology Inc. (NYSE: QUOT), a leading digital promotions and media company that connects brands, retailers, and shoppers, today announced that consumer packaged goods (CPG) brands can now offer digital coupons through interactive TV ads.
"We are always looking for innovative ways to advance the promotions industry," said Steven Boal, CEO and Founder of Quotient, whose main consumer property is Coupons.com. "We're excited to add this distribution channel and reach the millions of TV viewers, giving consumers another way to save and brands another way to reach shoppers."
The offering is made through a partnership with interactive TV company Ensequence. Traditionally, interactive television's reach has been limited to households with smart TVs or streaming devices such as Apple TV or Roku. This is the first time a company has been able to distribute CPG digital coupons through national TV ads without the need of special hardware. Ensequence has distribution to more than 15 million Comcast customers as well as through 62 network affiliates such as Discovery, AMC, VH1, A&E, the History Channel, National Geographic and more.
"We're excited to partner with Quotient, the largest distributor of digital coupons," said Peter Low, CEO of Ensequence. "We are breaking down silos by using the reach and branding power of linear television to drive the promotional value of couponing for the leading CPG brands. It's easy to deploy, is dynamic and, unlike TV ads in general, is 100 percent measurable."
TV viewers will see an overlay on an ad that prompts them to text a code to retrieve a link for a digital coupon from Coupons.com. Then, once they buy the item, they scan the receipt with their smartphone and get a cash-back rebate that goes to PayPal. Alternatively, consumers can print the coupon to use it at checkout.
About Quotient Technology Inc.
Quotient Technology Inc. (NYSE: QUOT), formerly Coupons.com Incorporated, is a leading digital promotion and media company that connects brands, retailers, and consumers. We distribute digital coupons and media through a variety of products, including digital printable coupons, digital paperless coupons, coupon codes and card linked offers. We operate Quotient Retailer iQ™, a real-time digital coupon platform that connects into a retailer's point-of-sale system and provides targeting and analytics for manufacturers and retailers. Our distribution network includes our flagship site and app, Coupons.com, as well as Grocery iQ™, Shopmium™, and our thousands of publisher partners. We serve hundreds of consumer packaged goods companies, such as Clorox, Procter & Gamble, General Mills and Kellogg's, as well as top retailers like Albertsons-Safeway, CVS, Dollar General, Kroger, and Walgreens. Founded in 1998, Quotient is based in Mountain View, Calif. Learn more at Quotient.com, and follow us on Twitter @Quotient.
Ensequence works with the world's leading television brands and distributors. The company provides networks, advertisers and distributors with products to enable the most compelling television advertising and programming seen today. Our management team has extensive experience with a deep and broad understanding of all aspects of television distribution, programming, ad sales, technology and media. Ensequence is the market leader in combining the measurability and ROI of digital media with the superior branding power of television.
Sr. Communications Manager
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SOURCE Quotient Technology Inc.