Retail technology company Jisp - which recently celebrated the three-year anniversary of its Scan & Save app - has announced that following a strategic review the business has a new long term growth plan to enable it to scale sustainably for the future.
The new growth plan identifies five pillars of growth and how to develop the business around these principles. To support that plan a new management and business structure has also been designed and implemented.
During the review, the newly established strategy and planning team identified five strategic pillars of growth; Scan & Save, Scan & Win, White Label, Data & Insights and Direct to Retailer, including a supplier to retailer NPD launch service. Opportunities have been identified in these areas for growth across a broader range of offerings, leading to a more robust and sustainable business model.
The NPD launch service under the Direct to Store pillar or business unit sees suppliers able to push NPD out to convenience retailers with execution and performance of the activity then trackable through the Jisp app. Activity will also be supported by Jisp’s retail growth team to maximise impact and effectiveness for the brand.
Julian Fisher, CEO, said: “While we had continued to grow year-on-year, we needed to refocus our strategy to ensure the business moved forward in a way that set it up for long term success. The new team has worked hard to identify opportunities to generate new revenues for the business while improving our service to retailers, suppliers and shoppers alike.”
No comments yet