Nextech AR Solutions Corp. (“Nextech” or the “Company”) a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services announces an update to the Company’s Shopify app, initially launched in January, allowing merchants to create 3D/AR models for their ecommerce site. The Company has released a Freemium model, offering an enticing incentive to ecommerce businesses which is seeing success since its launch. The Company is also planning to integrate this same Freemium pricing with more ecommerce platforms, including BigCommerce, WooCommerce, and Magento, and is targeting Q2 2022 for completion of these integrations. These integrations will collectively place Nextech’s AI-powered 3D/AR model creation solution in front of millions of merchants globally.
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WSR – Next Super Stock Live!
Nextech AR Solutions CEO Evan Gappelberg will present at the “NEXT SUPER STOCK Live!” event hosted by the Wall Street Reporter.
Nextech AR invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s live stream presentation.
The livestream will also be archived and available for replay. NEXT SUPER STOCK Live! is Wall Street Reporter’s flagship investor conference series featuring presentations by a select group of companies which are at key inflection points, and at the threshold of explosive growth.
Since the launch of Nextech’s 3D/AR modeling self-serve app with Shopify, the Company has quickly expanded its reach to small and medium sized ecommerce websites and is currently in the top 2% or in the 98th percentile of apps downloaded in the 3D modeling category (out of 228). Since the app’s launch in late January, there has been an approximately 44% increase in app installs month over month. Nextech believes the success of the app thus far is due to its affordable pricing, 3D model making scalability, and high quality 3D models. With a frictionless implementation and being the only end-to-end ecommerce app for 3D/AR the company believes that it has a competitive advantage in the 3D model market.
ARitize 3D provides Shopify merchants with a frictionless and seamless one click integration for 3D model making and AR visualization. Through Artificial Intelligence (AI) technology, merchants can take their existing 2D product images and turn them into high-quality 3D and Augmented Reality experiences, transforming their Shopify website and helping their brand stand out from competition.
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When ecommerce sites offer immersive AR shopping experiences, it provides customers with the ability to “try before they buy”, resulting in greater buying confidence. Customers are also able to zoom, rotate and spin 3D product models, and see every product detail from every angle, leading to customers that are more engaged and better informed. This not only benefits the customer, but also provides immense benefits to ecommerce businesses: Shopify data shows that 3D AR can increase conversions up to 94% while reducing returns.
The app provides self-serve access to Nextech’s proprietary AI-powered solution for 3D/AR Ecommerce to all businesses who use Shopify to power their ecommerce business. The app makes the adoption of 3D/AR extremely easy, simple and cheap for Shopify merchants as they can subscribe for different plans which suit their needs and manage the app themselves from their merchant Shopify admin.
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