
Yowza
Android and iphone application designed to save consumers' money and stimulate retail businesses.
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Yowza!! provides a suite of tools designed to help small and medium-sized businesses (SMBs) engage with consumers. The company was founded in 2009 by actor Greg Grunberg, known for his roles in "Heroes" and "Felicity," along with David Teichner, August Trometer, and Rick Yaeger. The idea reportedly came to Grunberg out of a personal desire to have a digital solution for coupons, moving away from paper clippings.
The company's core offering is a location-based mobile coupon application that enables businesses to market offers and discounts directly to consumers' smartphones. This platform allows retailers and restaurants to upload and manage their promotions in real-time, track performance through analytics, and reach customers who are physically nearby. For consumers, the app provides a convenient way to find and redeem deals by searching by location or GPS proximity and showing a barcode at checkout, eliminating the need for physical coupons. The business model for the app involves a monthly fee per location for retailers to list their offers.
Over the years, Yowza!! has expanded its product line beyond the initial coupon app. It introduced a cloud-based Point-of-Sale (POS) system called Yowza!! POS, which integrates inventory management, payment processing, and marketing tools like loyalty programs into a single platform for iOS and Android devices. This suite of tools, under the Yowza!! Merchant umbrella, aims to provide a comprehensive retail management solution. In January 2014, Yowza!! was acquired by Spindle, Inc., a mobile commerce and payment solutions provider, for a combination of stock and cash. The acquisition was intended to merge Spindle's payment capabilities with Yowza!!'s couponing platform and customer base to create a more integrated mobile commerce service.
Keywords: mobile coupons, location-based deals, small business marketing, retail management, POS system, customer engagement, digital discounts, merchant tools, Greg Grunberg, loyalty programs, mobile payments, Spindle Inc., geo-location marketing, in-store offers, coupon app, restaurant deals, retail technology, consumer app, digital promotions, merchant analytics