- Wishpond signs collaboration agreement with Roomvu, a leading
real estate marketing platform, to equip SalesCloser.ai, the
Company's next-generation AI-powered virtual sales agent, to
promptly follow-up on leads, increase real estate sales conversion
rates, and ensure no sales opportunities are missed.
VANCOUVER, BC, Oct. 23,
2024 /CNW/ - Wishpond Technologies Ltd. (TSXV:
WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a
provider of marketing-focused online business solutions, is pleased
to announce SalesCloser.ai ("SalesCloser"), the Company's
AI-powered virtual sales agent platform, has entered into a
collaboration agreement with Roomvu Technologies Inc.
("Roomvu"), a leading real estate marketing platform used by
over 220,000 real estate agents, to utilize SalesCloser to enhance
lead follow-up and sales conversion for Roomvu. This collaboration
marks a transformational leap forward in the real estate industry,
equipping Roomvu's real estate agents with the tools they need to
excel in an increasingly competitive market. SalesCloser and Roomvu
are anticipated to empower real estate agents to significantly
improve the efficiency of managing leads, with aims to ultimately
drive sales higher at the same time as improving the client
experience.
Ali Tajskandar, CEO of Wishpond, commented on the collaboration,
"We are thrilled to collaborate with Roomvu and to provide real
estate agents with a powerful tool to improve follow-ups with their
sales leads. SalesCloser takes immediate action with outbound
calling to turn leads into potential real estate buyers.
SalesCloser ensures that every lead is given the attention it
deserves, allowing real estate agents to build stronger
relationships and achieve their sales goals."
Sam Mehrbod, CEO of Roomvu added,
"We are excited to work with Wishpond's SalesCloser to provide our
real estate agents with a powerful tool to improve lead management
and follow-up. Our goal is to enable real estate agents to
take immediate action on the leads they receive, ensuring no
opportunity is missed, driving higher sales outcomes."
This collaboration addresses a critical gap in the real estate
industry, being the lack of follow up after a lead is identified.
This collaboration aims to transform the way real estate agents
manage and convert their leads. In the past year, Roomvu
generated over 500,000 leads, however, only a minuscule number of
agents actually followed up on these leads, highlighting a
significant missed opportunity and the critical need for effective
lead management strategies. Through this collaboration,
SalesCloser's advanced calling technology will be integrated with
Roomvu's platform to bridge the gap in lead follow-up. Management
of the two companies anticipate that this integration will enable
agents to efficiently contact their leads, facilitating in-person
meetings and ultimately driving successful home sales and
purchases.
SalesCloser delivers a multitude of benefits that position real
estate agents for success. The platform is designed to enhance lead
conversion rates by enabling agents to promptly and effectively
follow up on leads. Among its many use cases, SalesCloser and
Roomvu is anticipated to facilitate AI-driven sales follow-ups that
prevent lost opportunities, handling of routine support calls to
free up time, and seamless 24/7 self-service booking and data
capture that optimize the sales funnel and increase deal
closures.
SalesCloser is a cutting-edge lead management platform that
empowers sales professionals to efficiently manage and convert
their leads. The platform can be utilized for a diverse range of
industries such as auto sales, software/SaaS, professional
services, financial services, education, travel & hospitality,
insurance, and more. Whether it's delivering tailored sales demos,
conducting pre-qualifying discovery calls, managing technical
onboardings, or optimizing bookings and data capture, SalesCloser
is anticipated to enhance lead conversion and streamlines the sales
process. Additionally, it supports product upsells, ensures timely
follow-ups, aids in customer retention, and handles routine support
tasks, freeing up valuable time for the sales team irrespective of
the industry.
Ali Tajskandar
Chief Executive Officer
Wishpond Technologies Ltd.
About Wishpond Technologies Ltd.
Based out of Vancouver, British
Columbia, Wishpond is a provider of marketing-focused online
business solutions. Wishpond is a leading provider of digital
marketing solutions that empower entrepreneurs to achieve success
online. The Company's Propel IQ platform offers an "all-in-one"
marketing suite that provides companies with marketing, promotion,
lead generation, ad management, referral marketing, sales
conversion and outbound sales automation capabilities in one
integrated platform. Wishpond replaces disparate marketing
solutions with an easy-to-use product, for a fraction of the cost.
Wishpond serves over 4,000 customers who are primarily small and
medium-sized businesses (SMBs) in a wide variety of industries. The
Company has developed cutting-edge marketing technology solutions,
including an AI powered website builder, an AI email automation
tool, an AI Sales Agent and continues to add new AI enabled
features and applications. The Company employs a
Software-as-a-Service (SaaS) business model where most of the
Company's revenue is subscription-based recurring revenue which
provides excellent revenue predictability and cash flow visibility.
Wishpond is listed on the TSX Venture Exchange under the ticker
"WISH", and on the OTCQX Best Market under the ticker "WPNDF". For
further information, visit: www.wishpond.com.
About Roomvu Technologies Inc.
Roomvu is a pioneering force in video marketing for real estate
agents. It offers hyper-local and relevant video content for social
media, advertisements, and email campaigns. Backed by the National
Association of Realtors and serving over 220,000 real estate agents
across the United States and
Canada, Roomvu positions real
estate professionals as market leaders.
Forward-Looking Statements
Statements that are not reported financial results or other
historical information are forward-looking statements or
forward-looking information within the meaning of applicable
securities laws (collectively, "forward-looking
statements"). This press release includes forward-looking
statements regarding the Company, its subsidiaries and the
industries in which they operate, including statements about, among
other things, all information contained under the heading "Outlook"
herein, references to expected results from future operations,
future growth of the Company's products and platforms, the
anticipated success of the collaboration between the Company and
Roomvu, the anticipated benefits from SalesCloser that can be
derived, the future development and increased use of products
incorporating artificial intelligence, including SalesCloser AI,
improvement in the Company's cash position and increased revenue
generation, references to the growth of the Company's product
portfolio and future profitability, including whether additional
products or features may be developed in the future, and the
functionality and timing of such products, financial results or
operational activities that may be undertaken by the Company, the
results of the Company's cost-savings, research and development and
other initiatives, any future acquisitions or other activities done
to grow the Company both organically or inorganically,
expectations, beliefs, plans, future operations, the impact of
broader economic factors including inflation and other general
economic risks on the Company, business and acquisition strategies,
opportunities, objectives, prospects, assumptions, including those
related to trends and prospects, and future events and performance.
Sentences and phrases containing or modified by words such as
"expect", "anticipate", "plan", "continue", "estimate", "intend",
"expect", "may", "will", "project", "predict", "potential",
"targets", "projects", "is designed to", "strategy", "should",
"believe", "contemplate" and similar expressions, and the negative
of such expressions, are not historical facts and are intended to
identify forward-looking statements. Readers are cautioned to not
place undue reliance on forward-looking statements. Actual results
and developments may differ materially from those contemplated by
forward-looking statements. Although the Company believes that the
expectations reflected in forward-looking statements in this press
release are reasonable and are based on, among other things, the
expectations and analysis of current market trends and
opportunities of management of the Company, such forward-looking
statements has been based on expectations, factors and assumptions
concerning future events which may prove to be inaccurate and are
subject to numerous risks and uncertainties, certain of which are
beyond the Company's control, including, but not limited to,
changes in laws and regulations regarding real estate advertising,
sales and marketing, changes in laws and regulations regarding real
estate agent behavior and conduct, economic uncertainty and
instability as a result of the ongoing inflation and supply chain
issues, higher interest rate climate, tightening of credit
availability and recessionary risks, pandemic related risks, wars,
instability in global commodity and securities markets, shifts in
consumer and institutional spending and marketing strategies, risks
related to data breaches and privacy, the changing global market
and competition for the products and services supplied by the
Company, and the additional risk factors discussed in the
continuous disclosure materials of the Company which are available
under the Company's profile on SEDAR+ at www.sedarplus.ca. The
forward-looking statements contained in this press release are
expressly qualified by this cautionary statement and are made as of
the date hereof. The Company disclaims any intention and has no
obligation or responsibility, except as required by law, to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Wishpond Technologies Ltd.