STOCK TITAN

Perk Labs Announces New M-Commerce Feature Supporting Dropshipping

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF) has announced the launch of new m-commerce features within its Perk Hero platform, enabling support for dropshipping merchants. This addition allows businesses to create mobile storefronts, enhancing customer engagement and providing a new revenue stream. CEO Jonathan Hoyles stated that the platform caters to both e-commerce and brick-and-mortar businesses without needing inventory or shipping capabilities. Perk Hero will promote these merchants through targeted digital advertising, aimed at boosting customer acquisition and sales.

Positive
  • Launch of m-commerce features to support dropshipping merchants is expected to boost platform usage.
  • Enables brick-and-mortar businesses to expand into e-commerce without inventory costs.
  • Increased customer engagement through cashback rewards on purchases.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / August 26, 2020 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ("Perk Labs" or the "Company") the parent company of Perk Hero, the all-in-one mobile ordering, contact-free payments and loyalty app, announced new m-commerce features are now available on the Perk Hero platform with the addition of support for dropshipping merchants. Perk Hero's mobile commerce capabilities, also known as mobile eCommerce or simply m-commerce, enables businesses to use the Perk Hero platform to create and manage their mobile storefront and sell their products to consumers purchasing via a mobile device.

"Our new m-commerce feature allows us to enter into the fast growing vertical of direct-to-consumer goods and offer exciting new high quality and niche products to our customers," says Perk Labs CEO, Jonathan Hoyles. "We empower businesses to provide their customers with an engaging mobile shopping experience and give them access to a new stream of revenue by selling their products through the Perk Hero platform. We further drive engagement and loyalty with our cashback rewards on every purchase."

By incorporating the dropshipping business model, Perk Hero now has the capability to enable both brick & mortar and e-commerce businesses to sell their products through the Perk Hero app, without having to add any inventory or shipping capabilities. Perk Hero provides merchants a mobile storefront and digitally notifies the business of orders placed through the app, including shipment details. The merchant then ships the products directly to the customer. As part of its digital loyalty flywheel, Perk Hero promotes its m-commerce merchants to customers with targeted digital advertising, increasing direct customer acquisition and product sales.

The latest news and information about Perk Hero's features can be found at www.perkhero.com and stakeholders can read about the Company's strategy and ongoing advancements in technology on the company blog, which can be viewed at https://medium.com/@perk_labs.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, a digital loyalty management platform that enables merchants to provide their customers with contact-free payments, digital rewards and a more engaging and convenient customer experience. For more information about Perk Labs, please visit www.perklabs.io

For more information contact:

Jonathan Hoyles, CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company's business strategies and its expectations concerning future operations, that the combination of our m-Commerce feature and dropshipping business model provides Perk Hero a potentially lucrative advantage in one of the fastest growing markets for the sale of consumer goods. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

SOURCE: Perk Labs Inc.



View source version on accesswire.com:
https://www.accesswire.com/603396/Perk-Labs-Announces-New-M-Commerce-Feature-Supporting-Dropshipping

FAQ

What are the new features announced by Perk Labs for PKLBF?

Perk Labs announced new m-commerce features that support dropshipping merchants, allowing businesses to create mobile storefronts.

How does Perk Hero enhance customer engagement?

Perk Hero enhances engagement through cashback rewards on purchases and targeted digital advertising for merchants.

What is the impact of dropshipping support on Perk Hero's platform?

The addition of dropshipping support allows businesses to sell products without managing inventory, potentially increasing user adoption.

When was the announcement made regarding Perk Labs' new features?

The announcement was made on August 26, 2020.

PERK LABS INC

OTC:PKLBF

PKLBF Rankings

PKLBF Latest News

PKLBF Stock Data

6.97M
290.04M
31.09%
Software - Infrastructure
Technology
Link
United States of America
Vancouver