Loop to Generate Monthly Recurring Revenue From 550 Your CBD Store Locations
Global Vend Sales Team Now Actively Selling Loop Platform to Its 25,000 Customers in 140 Countries
Loop will significantly benefit from Vend's large global sales team pushing Loop's products and services to its current 25,000 retail customer base. With Loop's Insights and Analytics service gaining traction, Loop will now look to introduce its automated marketing service to the Vend sales channel, which will provide additional recurring revenue opportunities through monthly SAAS as well as potential revenue share opportunities.
Loop CEO,
Loop Insights Completes Shopify API Integration to Provide Potential Loop Services to Shopify's 500,000 Merchant Base
Completing our Shopify integration further bolsters Loop's efforts to achieve a global scale via e-commerce and bricks and mortar opportunities. Retailers look to leverage data to create personalized shopping experiences across channels and optimize retail supply chain and inventory management. This makes Loop's real-time online and offline data connectivity vital.
Loop has now completed its integration with Shopify's application programming interface (API), providing Loop access to the 500,000 merchants currently using the Shopify platform. Shopify is a retail e-commerce leader, particularly as the COVID-19 pandemic continues to push shoppers towards online shopping platforms. Loop's Shopify integration will allow retailers to link their online and offline data, enabling real-time omnichannel insights for retailers with both e-commerce and brick and mortar retail outlets.
About Vend: Vend is a cloud-based point-of-sale and retail management software that lets retailers run their business in-store, online, and on-the-go. Vend includes inventory management, eCommerce integrations, customer loyalty, and reporting analytics tools. The first POS built for iOS, Vend is trusted by retailers in over 140 countries and is used in more than 25,000 stores worldwide. Vend integrates with leading tools like Bigcommerce, Quickbooks, and Marsello and provides seamless integrated payment options by partnering with major banks and processors around the world. Founded in 2010, Vend has offices in
About
About Loop Insights:
For more information, please contact: | | ||
LOOP Website: www.loopinsights.ai | |||
Rob Anson, CEO | Facebook: @LoopInsights | ||
T: +1 877-754-5336 Ext. 4 | Twitter: @LoopInsights | ||
E: ir@loopinsights.ai | LinkedIn: @LoopInsights |
Forward-Looking Statements/Information:
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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