Mobiquity Technologies Expands Partnership with AWINR Brands, Adding Twelve New Clients to its Digital Marketing Platform
- Expansion of partnership with AWINR to onboard twelve new online clients.
- Utilization of Mobiquity's new Conversion Platform to boost website traffic and sales conversion rates.
- Focus on enhancing Return on Ad Spend (ROAS) for clients.
- Positive feedback from clients regarding increased website traffic and sales conversions.
- Opportunity for small to medium-sized Shopify ecommerce sites to grow their business.
- None.
Insights
The recent announcement by Mobiquity Technologies regarding the expansion of their partnership with AWINR and the addition of twelve new clients to their marketing platform is a significant development for the company. This expansion is indicative of Mobiquity's competitive edge in providing data intelligence and advertising technology solutions that are resonating with the market. The positive feedback from clients about increased website traffic and sales conversions is a testament to the effectiveness of the new Conversion Platform. This could potentially lead to increased client retention and attract more partnerships, driving revenue growth.
From a market research perspective, the integration of Mobiquity's technology with AWINR's services addresses a critical need for smaller ecommerce players to compete against larger enterprises. The ability to enhance ROAS is particularly crucial as it directly correlates with profitability. In the ecommerce sector, where margins can be thin, improvements in conversion rates and advertising efficiency can be a game-changer for small to medium-sized businesses. As these businesses grow, Mobiquity's platform could see a scaling effect, further solidifying its market position.
For investors, Mobiquity Technologies' expansion news should be evaluated for its potential impact on the company's financial performance. The success of the Conversion Platform and the partnership with AWINR could lead to an uptick in the company's stock, particularly if the reported client feedback translates into quantifiable financial results. The increase in website traffic and sales conversions should be monitored in subsequent earnings reports to assess the actual impact on the bottom line. Furthermore, the ability of Mobiquity's solutions to deliver tangible results can be a key differentiator that may justify future investments in R&D and marketing.
It is also important to consider the scalability of the Conversion Platform. If Mobiquity can maintain the platform's effectiveness while onboarding a larger number of clients, this could result in a strong, recurring revenue stream. However, investors should be aware of the challenges associated with rapid expansion, such as the need for continued innovation to stay ahead of competitors and the potential for increased operational costs.
The strategic partnership between Mobiquity Technologies and AWINR Brands highlights the growing importance of specialized advertising technology in the e-commerce industry. The focus on small to medium-sized Shopify ecommerce sites is particularly noteworthy as it taps into a segment that is often underserved by larger ad tech firms. By providing these businesses with advanced tools to improve their ROAS, Mobiquity is not only expanding its client base but also empowering these smaller players to carve out their own space in a highly competitive market.
The long-term success of this partnership will depend on the sustained performance of the Conversion Platform and the ability of both Mobiquity and AWINR to adapt to the evolving needs of their clients. As e-commerce continues to grow, the demand for such technology is likely to increase, which could position Mobiquity as a leader in this niche market. The company's ability to continuously innovate and provide value to its clients will be crucial in maintaining its competitive advantage.
NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- Mobiquity Technologies, Inc. (OTC: MOBQ) (the “Company”), a leading provider of next-generation data intelligence and advertising technology solutions, announces the expansion of its partnership with AWINR, welcoming twelve new online clients to its marketing platform since the collaboration commenced two weeks ago. This collaboration leverages Mobiquity's new Conversion Platform, aimed at boosting both website traffic and sales conversion rates, and enhancing Return on Ad Spend (ROAS).
Dean Julia, Mobiquity Technologies CEO said, “We are extremely pleased with the positive feedback our clients are reporting in regard to both increased website traffic and sales conversions, and we look forward to the continued growth of the partnership with AWINR Brands.”
April Sands, Founder of AWINR Brands, added, “The partnership with Mobiquity has provided us with the additional tools needed to help our clients compete with larger enterprises in the competitive ecommerce industry. We see this partnership as an enormous opportunity to help the millions of small to medium-sized Shopify ecommerce sites grow their business.”
About Mobiquity Technologies
Mobiquity Technologies, Inc. (OTC: MOBQ) is a next-gen, Platform-as-a-Service (PaaS) company in the advertising and data technology sector. It boasts a vast audience database accessible to marketers and advertisers, thanks to its subsidiaries. Its platforms, Advangelists, Mobiquity Networks, AdHere and MobiExchange, offer cutting-edge programmatic advertising technologies and insights into consumer behavior, along with automated ad management and multi-channel delivery capabilities. For more details, visit the Mobiquity Technologies website.
About AWINR Brands
AWINR Brands is at the forefront of reinventing how online businesses engage in transactions. It focuses on delivering a market-leading, user-friendly platform that facilitates easy and secure buying and selling experiences for its global users, emphasizing simplicity, user-centric design, and security.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Mobiquity Technologies, Inc. Investor Relations:
Columbia Marketing Group
Email: john@TheColumbiaMarketingGroup.com
Phone: 646-736-1900
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