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Snipp Interactive Inc. Partners with YouNet to Accelerate Operational Efficiencies Across Products and Operations

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Snipp Interactive (TSX-V:SPN, OTC:SNIPF) announces a strategic partnership with YouNet to enhance operational efficiency through AI integration. The collaboration will implement YouNet's 'Speak-to-Product' technology across Snipp's promotional solutions, focusing on automating customer support, content management, and data personalization.

The partnership aims to streamline processes, reduce costs, and improve customer experience through four key areas: AI-Driven Customer Support for faster query resolution, Dynamic User Manual Integration for instant access to product information, Data Personalization for enhanced customer engagement, and Operational Efficiency through task automation. The Company expects these improvements to directly contribute to increased margins and enhanced profitability.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) annuncia una partnership strategica con YouNet per migliorare l'efficienza operativa attraverso l'integrazione dell'IA. La collaborazione implementerà la tecnologia 'Speak-to-Product' di YouNet nelle soluzioni promozionali di Snipp, concentrandosi sull'automazione del supporto clienti, della gestione dei contenuti e della personalizzazione dei dati.

Il partnership punta a semplificare i processi, ridurre i costi e migliorare l'esperienza del cliente attraverso quattro aree chiave: Supporto Clienti Guidato dall'IA per una risoluzione più rapida delle richieste, Integrazione Dinamica del Manuale Utente per accesso immediato alle informazioni sui prodotti, Personalizzazione dei Dati per un coinvolgimento maggiore dei clienti e Efficienza Operativa tramite automazione dei compiti. L'azienda si aspetta che questi miglioramenti contribuiscano direttamente ad aumentare i margini e la redditività.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) anuncia una asociación estratégica con YouNet para mejorar la eficiencia operativa a través de la integración de IA. La colaboración implementará la tecnología 'Speak-to-Product' de YouNet en las soluciones promocionales de Snipp, enfocándose en automatizar el soporte al cliente, la gestión de contenido y la personalización de datos.

La asociación tiene como objetivo agilizar procesos, reducir costos y mejorar la experiencia del cliente en cuatro áreas clave: Soporte al Cliente Impulsado por IA para una resolución más rápida de consultas, Integración Dinámica del Manual del Usuario para acceso instantáneo a información del producto, Personalización de Datos para un mayor compromiso del cliente y Eficiencia Operativa a través de la automatización de tareas. La empresa espera que estas mejoras contribuyan directamente a aumentar los márgenes y la rentabilidad.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF)는 YouNet와의 전략적 파트너십을 발표하여 AI 통합을 통해 운영 효율성을 향상시킵니다. 이 협력은 Snipp의 프로모션 솔루션 전반에 YouNet의 'Speak-to-Product' 기술을 구현하여 고객 지원, 콘텐츠 관리 및 데이터 개인화의 자동화에 중점을 둘 것입니다.

이번 파트너십의 목표는 네 가지 주요 분야를 통해 프로세스를 간소화하고 비용을 절감하며 고객 경험을 개선하는 것입니다: AI 기반 고객 지원을 통한 신속한 문의 해결, 동적 사용자 매뉴얼 통합을 통한 제품 정보의 즉각적인 접근, 데이터 개인화를 통한 고객 참여 향상, 작업 자동화를 통한 운영 효율성. 회사는 이러한 개선이 직접적으로 마진 증가와 수익성 향상에 기여할 것으로 기대하고 있습니다.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) annonce un partenariat stratégique avec YouNet pour améliorer l'efficacité opérationnelle grâce à l'intégration de l'IA. La collaboration mettra en œuvre la technologie 'Speak-to-Product' de YouNet dans les solutions promotionnelles de Snipp, en se concentrant sur l'automatisation du support client, de la gestion de contenu et de la personnalisation des données.

Le partenariat vise à rationaliser les processus, à réduire les coûts et à améliorer l'expérience client dans quatre domaines clés: Support Client Alimenté par l'IA pour une résolution plus rapide des requêtes, Intégration Dynamique du Manuel Utilisateur pour un accès instantané aux informations produit, Personnalisation des Données pour un meilleur engagement client et Efficacité Opérationnelle grâce à l'automatisation des tâches. L'entreprise s'attend à ce que ces améliorations contribuent directement à augmenter les marges et à améliorer la rentabilité.

Snipp Interactive (TSX-V:SPN, OTC:SNIPF) gibt eine strategische Partnerschaft mit YouNet bekannt, um die operationale Effizienz durch KI-Integration zu verbessern. Die Zusammenarbeit wird YouNets Technologie 'Speak-to-Product' in Snipps Promotionlösungen implementieren, mit dem Fokus auf die Automatisierung des Kundensupports, des Inhaltsmanagements und der Datenpersonalisierung.

Das Ziel der Partnerschaft ist es, Prozesse zu optimieren, Kosten zu senken und das Kundenerlebnis in vier Schlüsselbereichen zu verbessern: KI-gestützter Kundensupport für schnellere Problemlösungen, Dynamische Benutzerhandbuchintegration für sofortigen Zugriff auf Produktinformationen, Datenpersonalisierung für ein verbessertes Kundenengagement und Betriebliche Effizienz durch Aufgabenautomatisierung. Das Unternehmen erwartet, dass diese Verbesserungen direkt zu höheren Margen und besserer Rentabilität führen werden.

Positive
  • Integration expected to contribute directly to margin improvement and profitability
  • Implementation of AI automation to reduce operational costs
  • Enhanced operational efficiency through task automation
  • Improved customer service capabilities through AI-driven support
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / December 11, 2024 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V:SPN)(OTC PINK:SNIPF), a Platform-as-a-Service (PaaS) leader in the global loyalty and promotions sector is pleased to announce a strategic collaboration with YouNet, a pioneer in AI-driven customer service and interactive content solutions. This partnership is poised to significantly enhance the operational efficiency of Snipp's products and internal operations, leveraging YouNet's cutting-edge AI platform to streamline processes, reduce costs, and elevate the customer experience.

Through this new partnership, Snipp will integrate YouNet's innovative "Speak-to-Product" technology and AI-powered tools into its vast suite of promotional solutions. By doing so, Snipp aims to automate and optimize several key functions, including customer support, content management, and data personalization, allowing the company to scale faster, while also improving both product performance and operational workflows. The Company expects savings to directly contribute to margin and enhanced profitability

Atul Sabharwal, CEO of Snipp Interactive, shared his excitement about the collaboration: "In today's fast-paced market, efficiency is a competitive advantage. With YouNet's powerful AI-driven platform, we can optimize multiple areas of our business-allowing us to scale our operations, reduce manual labor, and offer a more personalized, real-time experience for customers. This collaboration positions us to stay agile and lead the way in innovation within the loyalty and promotions space."

The integration of YouNet's "Speak-to-Product" application will provide Snipp with a range of powerful tools to drive automation across multiple areas of its operations. These include:

  • AI-Driven Customer Support: YouNet's AI-powered customer service bots will streamline the process of managing customer queries, reducing response times and improving overall service levels.

  • Dynamic User Manual Integration: Snipp will use YouNet's "Speak-to-Product" API to quickly create interactive, AI-powered product and user manuals and FAQs, enabling near-instant access to product information, instructions, and troubleshooting support for customers.

  • Data Personalization: YouNet's platform will allow the Company to personalize product recommendations and promotional offers based on real-time customer behavior, enhancing customer engagement and conversion rates.

  • Operational Efficiency: Automating routine tasks, such as content updates, user manual generation, and customer support, will free up valuable resources, thereby allowing Snipp to focus on more strategic growth initiatives and to reduce expenditures.

Alex Kapralov, CEO of YouNet, emphasized the value of the collaboration: "We're excited to partner with Snipp to help them unlock new levels of operational efficiency. By leveraging our AI technology, Snipp can automate many time-consuming processes, while also delivering more personalized experiences to their customers. This partnership is a win-win, improving productivity, reducing costs, and enhancing the value that Snipp provides to its clients."

This collaboration marks a significant step forward for Snipp, underscoring its commitment to leveraging cutting-edge technology to elevate operational performance and customer satisfaction. As Snipp continues to expand its product offerings and address growing market demand, the integration of YouNet's AI tools positions the Company to set new benchmarks for success in the loyalty and promotions marketplace.

About Snipp:

Snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. Our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. We also provide the services and expertise to design, execute and promote client programs. SnippCheck, our receipt processing engine, is the market leader for receipt-based purchase validation; SnippLoyalty is the only unified loyalty solution in the market for CPG brands. Snipp has powered hundreds of programs for Fortune 1000 brands and world-class agencies and partners.

Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. The company is publicly listed on the Toronto Stock Venture Exchange (TSX-V) in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

FOR FURTHER INFORMATION PLEASE CONTACT:

Snipp Interactive Inc.
Richard Pistilli
Chief Financial Officer (Interim)
investors@snipp.com
1-888-99-SNIPP

About Younet:

Younet has developed and is currently in the process of commercializing a proprietary AI platform that offers clients a suite of tools designed to significantly enhance task completion efficiencies through the utilization of personalized "sand-boxed" AI models or agents. Stemming from an innovative concept in 2021, Younet is dedicated to automating individual or group/department tasks by reducing the time required for completion by up to 90%.

The flagship application of Younet, known as "Speak to Product" ("StP"), is revolutionizing the multi-billion-dollar user manual market. It enables clients to swiftly deploy an StP agent for any product, almost instantaneously, and provides a QR-based interface. By simply capturing a picture of the QR code on a handheld device, users can activate a fully integrated StP agent, eliminating the necessity of reading extensive user manuals or contacting customer support. This innovative solution significantly reduces costs for clients and enhances the speed of problem resolution for users.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

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

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

SOURCE: Snipp Interactive Inc.



View the original press release on accesswire.com

FAQ

What is the impact of Snipp's (SNIPF) partnership with YouNet on operational costs?

The partnership is expected to reduce operational costs through AI automation of routine tasks, customer support, and content management, directly contributing to improved margins and profitability.

How will SNIPF's implementation of YouNet's Speak-to-Product technology affect customer service?

The technology will streamline customer query management, reduce response times, and provide instant access to product information through AI-powered customer service bots and interactive manuals.

What are the key operational improvements expected from SNIPF's YouNet partnership?

The partnership will bring improvements in four areas: AI-driven customer support, dynamic user manual integration, data personalization, and operational efficiency through task automation.

How will the YouNet partnership affect SNIPF's market competitiveness?

The partnership is expected to enhance Snipp's competitive advantage through improved operational efficiency, reduced manual labor, and more personalized customer experiences.

What are the expected benefits of SNIPF's AI integration for customer engagement?

The AI integration will enable personalized product recommendations and promotional offers based on real-time customer behavior, leading to enhanced customer engagement and conversion rates.

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