Company Research Report: Ubamarket

Company Overview

• Name: Ubamarket

• Mission: To revolutionize in-store shopping by providing a seamless, efficient, and technology-driven experience for both customers and retailers.

• Founded: 2012

• Founder: Will Broome

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Ubamarket is recognized for its innovative 'Scan, Pay, Save' in-store shopping app, which provides a seamless experience combining shopping efficiency, app-based loyalty systems, consumer insights, and personalized promotions.

Key People

• Will Broome: Founder and CEO

• Andrew Kempe: CTO

• Will Stead: COO

• Guy Ousey: Brand Partnerships Director

• Luke Davis: Director

• Wayne Swallow: Head of Retail and POS Partnerships

• Chris Stapleton: POS Lead

• Faye Williams: Client Services Manager

• Huw Williams: Head of Analytics

• Tatiana Withanage: Head of PR

• Neil Turton: Retail Advisor

• Keith Ho: Board Advisor

Products

Scan, Pay, Go App

• Description: Ubamarket’s leading product is a revolutionary in-store shopping app designed to enhance the shopping experience for both retailers and consumers. It streamlines the in-store shopping process by allowing users to scan, pay, and save digitally.

• Key Features:

• Magic Shopping List®: Personalizes the shopping experience by using customer-created lists.

• Scan Products: Allows consumers to scan items as they shop, providing real-time updates on costs and offers.

• In-App Payment: Facilitates a queue-free checkout process by paying directly within the app.

• Loyalty Integration: Accumulates and redeems loyalty points within the app.

• Personalized Promotions: Offers customized deals based on consumer behavior and preferences.

Recent Developments

• Partnerships:

• Morrisons Partnership: Ubamarket’s technology is being leveraged for the trial of unmanned stores by Morrisons, showcasing the app’s influence in 'stores of the future.'

• Product Launches:

• NOMM Launch at British Open Golf Championships: Released new 'magic menu' technology, enhancing user experience with personalized menu suggestions and a streamlined ordering process.

• New Features:

• Plastic Alerts: Introduced functionality aimed at reducing plastic use, providing customers with notifications and alternatives to plastic bags.

• Contactless Shopping Experience: Expanded capabilities to include a fully autonomous checkout experience, allowing consumers to leave the store without traditional cashier interaction.

Summary

Ubamarket aims to transform the brick-and-mortar retail landscape by integrating advanced digital functionalities into a simple, user-friendly app. Their commitment to constantly innovate ensures they remain at the forefront of retail technology, aligning traditional shopping with modern consumer demands for efficiency and personalization.