Under the Symbol:
CloudCommerce Wins Consecutive Contract for Major Public Utility
Thursday, May 16, 2019 1:00 AM
Substantial marketing services agreement focuses on helping the client gain new customers and expand its business
SAN ANTONIO, TX / ACCESSWIRE / May 16, 2019 / CloudCommerce, Inc. (CLWD), a leading provider of data driven marketing solutions, today announced that it has won a consecutive marketing service contract with a major public utility company. The agreement, for data, messaging, and digital marketing services is representative of the Company's ability to provide its services to large commercial enterprises.
The initial test campaign created by CloudCommerce demonstrated that the Company could help the client acquire new customers that it was previously unable to reach, and at a more rapid rate than marketing programs previously undertaken by the client.
The personalized and targeted digital content was superior to traditional direct mail in terms of performance, resulting in reduced costs of customer enrollment for new customers by 79%. The results of this successful test convinced the client to proceed with rolling out these campaigns in additional markets to scale the efforts and results.
"I am very proud of our team for building the right relationships, creating the right strategy, and executing these campaigns successfully ," commented CloudCommerce CEO Andrew Van Noy. "We have been able to apply our skills and expertise to help the Client grow its business, and they want to leverage these campaigns to help them gain new customers in different markets. We are hopeful that success with this Client, will open the door to opportunities with other enterprise level Clients."
CloudCommerce, Inc. (CLWD) is a leading provider of data driven solutions that helps clients acquire, engage, and retain their customers by finding actionable information hidden in critical sources of data. We focus intently on using quantitative and qualitative analysis to drive the creation of great user experiences and successful digital marketing strategies and campaigns. Whether it is creating omni-channel experiences, engaging a specific audience, or energizing voters in political campaigns, CloudCommerce believes data is the key to digital success. CloudCommerce's goal is to become the industry leader by always applying a "data first" strategy and acquiring other companies that share this vision.
Matters discussed in this shareholder letter contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
SOURCE: CloudCommerce, Inc.