- Propel IQ is Wishpond's new full-service, 'all-in-one'
marketing and sales solution, utilizing the innovative technologies
from Wishpond's recognized brands to create a powerful platform
with complete marketing functionality.
- Propel IQ is designed to help businesses conveniently manage
all their marketing needs in an easy-to-use solution. With the
addition of artificial intelligence (AI) technologies, Propel IQ is
well positioned to revolutionize the way small businesses approach
marketing.
- Propel IQ is expected to increase customer retention and
long-term customer value for Wishpond and help to improve the
Company's margins.
VANCOUVER, BC, March 9,
2023 /CNW/ - Wishpond Technologies Ltd. (TSXV:
WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a
provider of marketing-focused online business solutions, is pleased
to announce the launch of Propel IQ, the Company's next generation
marketing technology platform. Propel IQ combines Wishpond's
award-winning software with its recent acquisitions to create one
connected platform, providing businesses with a comprehensive,
affordable, and easy-to-use marketing and sales technology
platform.
Propel IQ is the most extensive solution offered by Wishpond to
date, utilizing powerful technology from all of Wishpond's
different brands. In addition to Wishpond's lead generation,
email marketing, automation, and marketing technology solutions,
Propel IQ includes SMS marketing from Winback, referral marketing
from Viral Loops, and sales engagement software from PersistIQ, all
integrated together into one platform. Wishpond is also introducing
generative Artificial Intelligence (AI) technologies in this
platform.
Propel IQ is a unique solution that not only helps solve the
challenge of fragmented marketing efforts, or managing multiple
platforms and tools, but also provides Small-Medium sized
Businesses (SMBs) with a proven foundation for marketing success,
enabling them to compete more effectively and grow their customer
base. Most marketing software solutions are either built for
only one step of the customer journey, require too much expertise
and time to manage, or are simply unaffordable for today's SMBs.
With Propel IQ, businesses can manage the complete customer life
cycle, on one platform, eliminating the need to invest in
additional marketing and sales tools.
Wishpond's Chairman and CEO, Ali
Tajskandar commented, "We believe Propel IQ is the
industry's most complete marketing technology suite for SMBs.
Instead of having to use multiple tools and systems to
attract and nurture customers, businesses can now get absolutely
everything they need on our platform. This is a major
milestone for the Company as it truly combines the power of
Wishpond's legacy platform with its recent acquisitions to create a
fully connected, unique and seamless marketing solution. Propel IQ
offers an enterprise-level marketing and sales platform that small
business owners can easily afford and opens a whole new world of
growth possibilities for SMBs."
Ali Tajskandar further adds, "With deeper integration into
the client's business and marketing systems, we believe Propel IQ
will increase customer retention and long-term customer value for
Wishpond. Furthermore, the Propel IQ platform takes a
software-first approach which we expect will help to improve
Wishpond's margins."
Propel IQ offers an easy onboarding process that starts each new
client with a customized, personalized roadmap to success.
Wishpond's proven onboarding process includes creating a marketing
plan tailored towards the business's specific goals, where
Wishpond's team helps set businesses up in the right direction
before handing over the software to the business owners. This
ensures that SMBs are set up for success from the beginning and can
quickly start seeing the benefits of using Propel IQ.
Propel IQ puts business owners in control of their marketing
efforts and also provides access to Wishpond's expert professional
services marketing team to help power customers' marketing plans.
Businesses who need assistance with tasks such as graphic design,
copywriting, ads management, or search engine optimization (SEO),
can simply access these services at the click of a button. This
integrated service offering ensures that SMBs have access to the
best possible marketing expertise, without needing to go through
the hassle of finding and hiring external professionals.
Jordan Gutierrez, Wishpond's
Chief Operating Officer commented, "Developing Propel IQ has
been a major priority for our team, and we are extremely excited to
launch this groundbreaking platform for our customers. With the
addition of AI technologies, we believe that Propel IQ will
revolutionize the way SMBs approach marketing and we're thrilled to
be at the forefront of democratizing this change. Propel IQ puts
the business owner in control of their marketing efforts,
making it easy for SMBs to stay organized and on top of
their marketing efforts, no matter how small or large their
business may be. At Wishpond, we believe that everyone
should have access to the best possible marketing tools and
services at an affordable price. Our goal is to provide SMBs
with access to the latest marketing tools and technologies, in one
easy-to-use platform, to help them grow and
succeed."
Propel IQ is available now and can be accessed through
Wishpond's website. To learn more about Propel IQ and how it
can help your business succeed, please visit:
www.wishpond.com/propeliq
Wishpond Technologies Ltd.
"Ali
Tajskandar"
Chairman and Chief Executive Officer
About Wishpond Technologies
Ltd.
Based out of Vancouver, British
Columbia, Wishpond is a provider of marketing-focused online
business solutions. Wishpond's vision is to become the leading
provider of digital marketing solutions that empower entrepreneurs
to achieve success online. The Company offers an "all-in-one"
marketing suite that provides companies with marketing, promotion,
lead generation, and sales conversion capabilities on 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
and continues to add new features and applications with great
velocity. The Company employs a Software-as-a-Service (SaaS)
business model where substantially all 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.
Forward-Looking
Statements
This press release may contain certain forward-looking
information and statements ("forward-looking information") within
the meaning of applicable Canadian securities legislation, that are
not based on historical fact, including without limitation
statements relating to the success, functionality and results of
and from the Company's Propel IQ platform as well as statements
containing the words "believes", "anticipates", "plans", "intends",
"will", "should", "expects", "continue", "estimate", "forecasts"
and other similar expressions. Readers are cautioned to not place
undue reliance on forward-looking information. Actual results and
developments may differ materially from those contemplated by these
statements. The Company undertakes no obligation to comment
analyses, expectations or statements made by third-parties in
respect of the Company, its securities, or financial or operating
results (as applicable). Although the Company believes that the
expectations reflected in forward-looking information in this press
release, including, without limitations, expectations that the
Propel IQ platform will be adopted by a substantial number of
customers, new customers will be attracted to use the Propel IQ
platform, and the maturity, functionality and usability of the
Propel IQ platform, are reasonable, such forward-looking
information 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, market
acceptance and adoption of the Propel IQ platform, services offered
under and the success of integration of various parts under the
Propel IQ platform, risks related to data breaches, privacy and
data security, competitive conditions, and the risk factors
discussed in the public disclosure documents of the Company which
such risk factors are incorporated herein by reference and are
available through SEDAR at www.sedar.com. The forward-looking
information 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 information, 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.