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Powering Data-Driven Digital Transformation

Fobi harnesses the power of AI and data intelligence, enabling businesses to digitally transform by driving direct, personalized, and data-driven customer experiences.





 


Bullboard - Investor Discussion Forum Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company. The Company operates in the technology industry and sells software as a service (SaaS), reselling, referring, and licensing its technology to licensors. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences. The... see more

TSXV:FOBI - Post Discussion

Fobi AI Inc > I am getting frustrated with the share price of Loop MTRX.
View:
Post by kingyahoo on Feb 04, 2021 9:01am

I am getting frustrated with the share price of Loop MTRX.

I am getting frustrated with the share price of Loop MTRX. But the game is still on: Bring the price down and buy cheap. O will dd up cheap. Soon, it has to explode.
 
Loop Insights Enters Into First Pure Ecommerce Pilot With UK’s Leading Online Electronics Retailer, Maplin, For Real-Time Artificial Intelligence-Driven Engagement With Customers
 
Under the pilot agreement, Loop and Maplin intend to pursue joint marketing and revenue sharing opportunities through SaaS and ARPU (Average Revenue Per User) models
 
VANCOUVER, BC, February 4, 2021, Loop Insights Inc. (MTRX:TSXV (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the launch of a Pilot agreement with Maplin Electronics, the UK’s leading online electronics retailer, to implement Loop’s real-time artificial intelligence analytics platform.
 
Loop Insights CEO Rob Anson stated “This opportunity with Maplin represents our first enterprise eCommerce retailer, providing Loop with a tremendous opportunity to demonstrate the power of our real-time, artificial intelligence-driven engagement to online customers. Loop will deliver operational efficiencies for Maplin by providing real-time intelligence focused on supply chain and demand analysis, as well as inventory and fulfillment analytics, enabling us to showcase our AI forecasting tools. I have every reason to believe the pilot will be a great success for Maplin and open up the door to further lucrative global enterprise eCommerce opportunities.” 
 
Agreement with Maplin Represents Loop’s Continued Expansion Into UK’s Retail Industry, Including Brick and Mortar and Now Ecommerce 
 
Under the terms of the agreement, Loop will deploy its Insights platform consisting of the Company’s web-based portal, analytics dashboard, and AI-driven retail insights. Maplin will also provide Loop with access to web traffic data from its eCommerce platform, allowing the Company to create a unified picture of Maplin’s retail business in the digital world, thus creating new opportunities for increased revenues, consumer engagement, and data monetization. 
 
Upon successful completion of the Pilot, it is the intention of both parties to implement Loop’s artificial intelligence-driven analytics platform for both Maplin and all of its suppliers including major electronics brands such as Sony, Panasonic, and Samsung. 
 
Maplin Managing Director Ollie Marshall stated: “The signing of this agreement with Loop Insights is the first step towards enhancing our retail capabilities as Maplin looks to optimize its eCommerce operations. As a company that is 100% online, we are dedicated to remaining true to our consumer-focused brand, offering quality electronic products for consumers across Europe. Loop’s AI-driven retail insights add a new dimension to Maplin’s operations that will greatly optimize our operations and improve our overall customer experience.”
 
Insights Revenue Model Provides Potential For Recurring Annual Revenue Streams, Including Annual SaaS Licenses and ARPU (Average Revenue Per User) Fees
 
In previous press releases announcing new and completed successful pilots, Loop has provided shareholders with details pertaining to its pricing models for greater transparency. Each of those models pertained to physical chain locations with numerous tills per location. 
 
The nature of this eCommerce Pilot Agreement does not include tills. As such, Loop expects to generate revenue through ongoing SaaS and ARPU (Average revenue per user) fees in addition to data analysis that will provide both Maplin and suppliers with an improved understanding of consumer trends. In addition, when the Company’s automated marketing "Engage" service and wallet pass loyalty applications are layered in, these numbers quickly multiply by 5-10x and provide the company with an even more significant potential revenue stream.
 
Finally, both Loop and Maplin intend to pursue additional monetization opportunities on a revenue-sharing basis using Loop’s brand segmentation capabilities. Maplin and Loop expect to also generate revenues through combined data sharing opportunities with Maplin suppliers and brands seeking retail insights data that can be leveraged for targeted omnichannel advertising. Under the Maplin model, these targeted marketing opportunities are expected to drive sales of niche and seasonal goods based on the optimization of trends and consumer data.
 
Maplin ECommerce Deployment Marks Continued Success of Partnership with SG-retail
 
The agreement between Loop Insights and Maplin is another result of the contributions of Steve Gray and SG-retail, a UK retail leader that joined Loop to create brand, product, and company awareness for Loop and its market-leading products and services. 
 
On October 13, 2020, Loop announced the signing of a referral agreement with leading UK-based SG-retail to expand Loop’s services and products into the UK and Europe. SG-retail, led by retail industry veteran Steve Gray, is assisting Loop with its efforts to establish a strong presence in Europe. 
 
On January 14th, 2021, Loop Insights entered the UK market through a pilot agreement with leading UK pharmacy solutions provider Pharmassist, with the opportunity for full implementation across 12,000 independent pharmacy locations.
 
After first integrating Loop’s contactless payment platform with Shopify’s API on November 4th, 2020, Loop will continue to provide retailers with the platforms and tools necessary to link their online and offline data, enabling real-time omnichannel insights for retailers in both the eCommerce and brick and mortar space.
 
This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussion 
 
About Maplin
Maplin Electronics is an online retailer of electronic goods in the United Kingdom and Ireland. The company offers a variety of electronic products through the Maplin online store as part of Digital First Retail. Following decades of success in the brick and mortar retail space, Maplin pivoted to become a 100% online retailer in 2019.
 
About Loop Insights
Loop is a Vancouver-based Internet of Things ("IoT") technology company that delivers transformative artificial intelligence ("AI") automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop's products and services are backed by Amazon's Partner Network and sold through the TELUS IoT Marketplace.
 

For more information please contact:

 
Loop Insights
Rob Anson, CEO
T: +1 877-754-5336 x 4
E: ir@loopinsights.ai
Comment by skinner3 on Feb 04, 2021 11:51am
The whole issue is every deal they close they never put down any numbers ,this company can be worth 100 million or two million so until the shareholders see numbers the stock is going to do nothing
Comment by Malachite on Feb 04, 2021 12:11pm
Exactly. What we need to see is actual revenues and revenue projections. we also need to see revenue from operations and not just from shares. Last year they released their quarterly numbers on Feb 26, so I'd imagine they will do it around the same time this year. With the Loop Army coming in tomorrow, sure the sp will move but it doesn't change the "perceived value" of outside ...more  
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AI & AUTOMATION

  • We leverage the power of AI & automation to help businesses connect, leverage, & monetize real-time data to make data-driven decisions.
 

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  • We deliver real-time analytics & insights that enable operators to create more personalized marketing campaigns & unlock enhanced customer experiences.
 

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  • We pave the way for digital sustainability & carbon-neutrality with contactless solutions that eliminate paper & reduce plastic waste at scale.


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