P&G clears plan for mobile coupons

Source: 
The Wall Street Journal Online

Digital coupons are catching on with consumers, but the market's growth has been hampered by a pesky problem: Many retailers still aren't equipped with laser scanners that can detect bar codes off of the reflective, shiny, backlit screen of a smartphone.

Procter & Gamble Co. is working on a potential solution. The consumer-goods giant said Monday it is working with start-up mobeam Inc. on a pilot program that will allow consumers to redeem coupons for P&G products straight from their phones. San Francisco-based mobeam has patented a way to beam out a bar code from the screen of a phone that is legible to normal laser scanners.

US consumers saved more than USD1.2 billion from redeeming digital coupons in 2010, according to a research report by digital-coupon provider Coupons.com, up 41 percent from a year earlier.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.
 

Your rating: None Average: 5 (1 vote)

Join 1970-01-01
Connections (0)
Pending Connections (0)
Inbox (0)

RIA Poll

Which is your favourite sourcing destination in Asia?
China
60%
India
20%
Indonesia
0%
Bangladesh
20%
Vietnam
0%
Cambodia
0%
Thailand
0%
Others
0%

Related Articles