National Retail Solutions & Koupon Expand Partnership to Offer CPG Brands Integrated, End-to End Customer Engagement Solution...
June 09 2021 - 9:00AM
National Retail Solutions (NRS), a subsidiary of IDT Corporation
(NYSE: IDT) and operator of the leading nationwide point-of-sale
(POS) network for independent convenience and liquor stores, today
announced the expansion of its partnership with Koupon, a leading
provider of shopper engagement services, to significantly extend
the reach of consumer packaged goods (CPG) brands through
independent C-stores.
NRS and Koupon previously partnered to enable
the 2+ million members of IDT’s popular BR Club shopper loyalty
program to receive and use digital coupons. Our expanded
partnership integrates these promotions with NRS’ digital and
in-store displays and provides CPG brands and their agencies with
access to actionable data analytics.
“We are excited to offer Koupon’s CPG clients a
robust, integrated suite of advertising and data offerings,” said
Eli Korn, Chief Operating Officer of NRS. “In-store coupons and
promotions are significantly more effective when complemented by
ads displayed on NRS’ customer-facing digital screens that are
viewed by over 60 million eyeballs every month. Moreover, our
actionable analytics platform provides CPG brands with
unprecedented visibility into the impact of their promotions.”
“The BR Club loyalty program has long allowed
Koupon to deliver value to consumers at independent retailers
across the US at scale,” said Brad Van Otterloo, CEO of Koupon.
“Now, by adding NRS as an advertising and data partner, we can
expand our media program to further increase awareness of our CPG
offers while remaining highly targeted to C-store consumers.”
The fast-growing NRS network now comprises over
14,000 POS terminals operated by independent retailers nationwide.
The network terminals integrate software and hardware to provide
services that help independent retailers compete more effectively
with large retail chains. The NRS platform also expands CPG brands’
visibility and reach into key consumer segments.
“Our expanded partnership with Koupon is a
revolutionary way for CPG brands to appeal to urban shoppers,” said
Jacob Jonas, VP, Innovation for NRS. “These consumers are
traditionally difficult for CPGs to reach because the independent
retailers who serve them lack the technology to offer the same
integrated promotions that chain stores routinely provide. We make
it possible for CPGs to operate more effectively in this formerly
opaque retail segment.”
About NRS
National Retail Solutions (NRS) is the leading
point of sale (POS) provider for independently owned retailers,
including convenience and liquor stores. Over 14,000 stores
nationwide actively use NRS terminals to process over 58 million
transactions per month. NRS offers CPG clients the ability to reach
shoppers in independently owned stores via promotional offers and
digital out-of-home advertising on the POS’ high definition,
customer-facing checkout screen. Through the POS hardware and
software bundle and associated retail services including NRS Pay,
NRS empowers independent retailers to modernize and compete more
effectively. To learn more, please visit nrsplus.com. NRS is a
subsidiary of IDT Corporation (NYSE: IDT).
About BR Club
‘BR Club’ is the official loyalty program for
customers of IDT Corporation’s (NYSE: IDT) Boss Revolution branded
offerings and shoppers at stores that have NRS POS terminals. The
program currently has over 2 Million members. BR Club members are
offered monthly digital coupons at NRS retailers, discounts on Boss
Revolution’s payments and international calling services, and
discounts on travel, dining and more at BRClubsaves.com.
About Koupon
Koupon provides c-store retailers and brands
with the easiest way to connect and engage with shoppers to grow
sales. Koupon works with brands to easily deploy personalized,
channel-wide promotions, and helps retailers to secure additional
brand trade spending and grow shopper engagement. Members of the
Koupon Network - the leading c-store collaborative with 30 of the
top 50 C-store retailers and over 70 brands – realize the benefit
from Koupon’s unmatched channel reach, proprietary technology and
data, and campaign management services. Since its founding in 2011,
Koupon has delivered over 4 billion offers. To learn more, please
visit kouponmedia.com.
Contact:Bill Ulrey IDT Investor RelationsPhone:
(973) 438-3838E-mail: invest@idt.net
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