Mobile Lads Corp. (MOBO) Continues to Expand its Portfolio o Mobile Lads Corp. (MOBO) Continues to Expand its Portfolio of eCommerce Solutions
Through its joint venture with Domark International, Inc., Mobile Lads Corp. (OTCBB: MOBO) has taken operational control of the North American rights to online shopping solution SimbaDeals.com.
The website uses a proprietary technology called Monetizer101 to collaborate media owners, retailers and consumers into a single online discount shopping solution. The platform is unique in that it provides major benefits to all involved parties. First, media owners are paid for driving traffic to the retailers. Then, retailers receive new revenue streams and increased page reviews on their websites. Finally, consumers obtain access to brand name products at heavily discounted prices.
With products from over four hundred blue chip retailers currently listed on the site, Mobile Lads expects to maximize the established asset through its formidable combination of necessary funding and technical expertise. In particular, the company has been quick to point out the site’s potential fit with its recently launched CouBox mobile couponing platform.
CouBox is a system that gives merchants the capability to list coupon items in a more easily discoverable format for consumers. Through its use, consumers can more effectively search for deals for specific items, brands and stores before ‘clipping’ the items to their mobile accounts for later use. By aggregating coupon items from existing mobile coupon destinations such as Groupon, Smartsource and RetailMeNot, CouBox will serve as a one stop solution for all of customers’ mobile coupon needs.
Through its entry into both the ecommerce and mobile couponing markets, Mobile Lads is positioning itself for significant growth in the years to come. Studies by CouponPros.com indicate that online coupon redemptions grew from just 200,000 in 2009 to more than 66.9 million in 2013. The ecommerce sector is experiencing similar growth, with the overall market set to reach $50 billion this quarter.
As the company continues to grow its portfolio of solutions to serve the ecommerce industry, both executives and shareholders are excited for major growth opportunities in the years to come.
Get more info on Mobile Lads by visiting www.mobilelads.com
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