Ubamarket offers a mobile shopping app that utilizes patented 'Magic Shopping List®' technology, enabling users to scan items, pay, and receive digital receipts directly from their devices. This solution enhances the in-store shopping experience by eliminating queues and providing personalized offers, ultimately increasing basket size and reducing operational costs for retailers.
Funding
$1.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional in-store shopping often involves long checkout queues and a lack of personalized offers, leading to a frustrating experience for consumers and missed revenue opportunities for retailers. Furthermore, retailers struggle to connect with consumers effectively and gather valuable data to optimize their operations.
Solution
Ubamarket offers a white-label mobile platform that transforms the in-store shopping experience by enabling customers to scan items, receive personalized offers, and pay directly through their smartphones. The platform's patented Magic Shopping List® technology guides shoppers through the store, suggests relevant offers, and facilitates queue-free checkout. By integrating scan-pay-go functionality, loyalty programs, and real-time promotions, Ubamarket helps retailers increase basket size, reduce overheads, and build stronger connections with their customer base. The platform also provides retailers with access to valuable data insights, enabling them to optimize store layouts, personalize marketing campaigns, and improve overall operational efficiency.
Target Audience
Ubamarket primarily targets grocery retailers, convenience stores, and hospitality venues looking to enhance the customer shopping experience, increase revenue, and gain valuable data insights.
Features
- Patented Magic Shopping List® technology for personalized shopping experiences
- In-app barcode scanning for product information and price verification
- Integrated mobile payment system for queue-free checkout
- Real-time, location-based personalized offers and discounts
- Digital loyalty program integration for earning and redeeming points
- White-label app solution customizable with retailer's branding
- Data analytics dashboard for retailers to track sales, customer behavior, and campaign performance
- Optional NOMM® module for hospitality venues, enabling order, pay, stay or take-away service