Even while you go for purchasing by yourself, you’re not in reality on my own. Countless buddies, fans and resources are there in your pocket to steer your shopping for choices. However, with so many alternative buying options, you're never certain if you are shopping for a product at the nice to be had deal. On the opposite hand, retailers are understanding that they need to seize up with converting patron demand and rising growth of mobile and tablet commerce.
Also Read:- HOW SEARCH ENGINE OPTIMIZATION CAN HELP IN YOUR BUSINESS GROWTH
For bridging this hole between tech savvy users and shops, “Scandid”, a barcode scanner software, locate its region in this niche.
Launched in late 2013 with the aid of Madhur Khandelwal and Sushil Choudhari, Scandid, help users to get the excellent offers by using in reality scanning the product box or searching the product call. The app available on Android and iPhone compares the costs and coupons from all on line shops.
Earlier the duo launched ShoppingWish, a price assessment portal. But analyzing the shopping conduct and behavior of customers in India, the portal pivoted to “Mobile First” technique with Scandid.
What?
The cellular app presents unique and simple capabilities that help customers to save time and money. The local buying feature of app let users to choose local shops in Delhi, Mumbai, Gurgaon, Pune, Kolkata, Ahmedabad, Bangalore, Chennai, Hyderabad and Jaipur. Users have an alternative of selecting from two hundred on-line as well as over 10,000 offline buying alternatives indexed within the application.
Scandid is about to deliver the brand new trend of research offline and purchase online to India against these days’s famous trend of studies on line and purchase offline. The software has been majorly utilized by people to discover the bottom expenses and then purchase it both on-line or from in the application. Also customers can use it for “Showrooming” i.E. For looking offline after which shopping for on-line.
How?
Currently, nearly 10,000 users have downloaded this utility. Out of which, nearly one 1/3 are weekly lively. User institution of Scandid includes humans of age organization 18-25 years based totally out of 6 most important metro towns.
The app aggregates users’ facts from 3 sources to advantage in addition insights approximately their buying conduct. The primary data source is scraping the net to find on line and offline stores, pricing and coupons. Secondary facts is gathered by using partnering with outlets and integrating product feeds sent by way of them. Other records is crowd-sourced from the app submitted via the users even as the use of it.
Also Read:- TOP 10 ROBOTICS INVESTMENT AND FUNDING IN JANUARY 2021
As in line with the information accumulated from numerous assets suggests that maximum famous category on the utility is books. This has been closely observed by way of devices and mobiles.
Revenue
The enterprise has already began seeing early income as it gets affiliate fee whilst a person buys some thing using Scandid web platform or cellular software. The founders are also running with local retailers through charging them on a fee-in step with-lead foundation.
The employer is in plans to put money into paid advertising and marketing in coming years for lead generation and getting more enterprise. However it's going to preserve to take part in various occasions for emblem constructing purposes.
The Pune primarily based app has raised angel investment from Sandeep Johri and different angel buyers based totally out of Silicon Valley and New York in 2013. Also the software has been featured at pinnacle tech activities including Techcrunch Bangalore, MobileSparks, NASSCOM Product Conclave, Google App Expo and feature received an encouraging reaction.
Team
In their earlier roles, Madhur became a founding engineer at Thefind.Com (considered one of the biggest purchasing engines like google in the US) while Sushil became a co-founder at Dhingana (a main Bollywood song app in India). Both of them have labored in advance at Microsoft together.
