Do you want exposure to the world's fastest growing m-commerce market?
Sprooki's disruptive mobile engagement and commerce platform has first mover advantage in Asia Pacific, an established customer base and is now available to ASX investors since STANFIELD FUNDS MANAGEMENT ASX:SFN (MCAP $3.4m) entered a binding Share Purchase Agreement with Sprooki (click here) announced on Thursday.
Sprooki has established a dominant presence in Asia and now has its sights set on the rest of the world. The Company's market leading technology provides Asia's largest malls and retailers with a location-based mobile engagement and commerce platform that they can use on a daily basis to win more customers wherever and whenever they choose to shop.
For consumers, Sprooki delivers personalised, real-time alerts, promotions, coupons, product recommendations and rewards, directly to mobile devices based on their profile, behaviour and location. Furthermore, Sprooki gives retail brands and malls the ability to engage, influence and transact with their customers in a more intelligent and relevant way by directing shoppers to stores thereby increasing footfall, frequency, loyalty and sales conversion.
Sprooki is on average, five times more effective than alternative digital marketing channels that retailers use today, including ecommerce websites and email.
Since commencing operations in 2013, Sprooki's platform has attracted a footprint of more than 3,500 retail stores across 70+ mall locations in Singapore, Hong Kong, Malaysia, Philippines and Indonesia and continues to expand aggressively across the Asia Pacific region.
Sprooki's clients include Far East Organisation (the largest private property developer in Singapore), Lend Lease Asia Pacific, AsiaMalls, SSI Group, Rustan's and leading brands like Payless Shoes, Eu Yang Sang, Old Navy, Gap, Marks and Spencer, and Samsonite.
M-commerce retail sales are growing at an astounding rate globally, currently making up 34% of all e-commerce transactions and predicted to hit 40% by the end of 2015. Already the influence of connected mobile devices on in store retail sales is unquestionable with 79% of smartphone users considered 'smartphone shoppers' and 84% of these use their device to help them shop whilst in a store. 1
* Asian retail sales are growing at 8.5% versus global average rate of 5.6% 2
* Asia is the most connected and largest e-commerce region in the world 3
* Deloitte forecast global e-commerce sales to hit USD $638 billion by 2018 4
* U.S. in-store retail sales influenced by beacon triggered messages is forecast to grow from $4.1 billion in 2015 to $44.4 billion in 2016 5
* Average CAGR of 40% in m-commerce sector vs. 13% CAGR e-commerce 6
