Xtend Introduces Powerful AI-Powered Products That Boost Marketing Conversions, Business News

SINGAPORE, June 14, 2024 /PRNewswire/ — Xtend, a leading AI marketing and analytics company, announced the launch of a comprehensive suite of products designed to dramatically increase conversions at the critical bottom of the marketing funnel. Using advanced data analytics and cutting-edge artificial intelligence strategies, Xtend enables companies in e-commerce, fintech, travel and more to unlock their full marketing potential and achieve significant growth.

In today’s digital landscape, customer acquisition costs are skyrocketing, making it imperative for businesses to retain and keep existing app users engaged. A recent study by QuanticMind revealed that e-commerce retailers using AI-powered advertising saw an average revenue increase of 20% and a remarkable 10% reduction in cost of acquisition. Moreover, mobile commerce is poised for explosive growth, with mobile spending expected to account for a staggering 43.4% of all retail spending by 2026. However, the challenge remains – the average mobile app loses 77% of users within the first 3 days after installation.

Xtend’s suite of AI-powered products tackles these challenges head-on. X-core helps companies win back inactive customers and attract high-potential buyers through personalized campaigns based on data analysis. This increases customer lifetime value and provides valuable information for future strategies. X-ShopConnect provides e-commerce partners with a contextual environment to increase order frequency and connect with ready-to-buy consumers through personalized recommendations, targeted user acquisition, and innovative features that drive orders and traffic. X-pand focuses on cross-promotion and development with new categories and services offered by customers. With AI-powered ad extension solutions, it connects retailers with engaged consumers through personalized ads and targeted audience acquisition to increase traffic and engagement rates. Xtend data labs complement the offering by providing in-depth data analysis and strategic marketing guidance, ensuring cost-effective campaigns for all business partners.

Karam MalhotraCEO of Xtend, said: “We are proud to be at the forefront of AI-powered advertising solutions that are revolutionizing the way businesses connect with their target audiences. Xtend was built to expand the capabilities of some of the best performance-driven companies in the world and drive difficult conversions lower down the marketing funnel. We are constantly innovating and using artificial intelligence and deep machine learning as a core part of our technology to create valuable customer journeys. Xtend’s robust algorithms generate an estimated 10 million buyers per month, supporting a variety of re-engagement and upsell acquisition needs.”

Xtend is actively exploring new AI-powered services to further enhance its offerings and is seeking partnerships to accelerate its go-to-market strategy. They are also using their AI expertise to explore new applications in the financial industry and beyond, expanding its reach to a wider range of industries with numerous use cases.

About Xtend

Xtend is at the forefront of digital marketing technology, offering customized AI-powered algorithms tailored to enhance creative strategies, precise targeting and traffic growth. Our innovative solutions are designed to optimize user conversions in dynamic e-commerce, fintech and travel environments.

With a network of over 50 of the most influential e-commerce companies, Xtend’s global reach extends to 127 countries, serving a diverse clientele. Our robust algorithms play an instrumental role in generating an estimated 10 million buyers each month by meeting a variety of needs, including acquiring new buyers, re-engaging dormant buyers, targeting buyers in a specific category, and facilitating upsells to existing users.

For more information on how Xtend can improve your digital marketing campaigns, visit us at http://xtend.com/