DENVER, May 11, 2021 /PRNewswire/ — Leveraging the energy of gamification, synthetic intelligence, machine studying, and neuroeconomics, Live Hive, an progressive Colorado-based firm, has launched a singular SaaS platform answer to assist unlock the potential of ecommerce and cellular gaming for a lot of small to medium enterprises (SMEs) struggling to compete with multinationals via ineffective high-cost, low engagement Pay Per Click (PPC) and Cost Per Acquisition (CPA) adverts.
LiveHive, (https://www.livehive.com ), allows small to medium-sized ecommerce corporations to model, publish, and share video games to drive long-session site visitors and incentivize purchases. In addition, its platform provides a number of enterprise functionalities to improve reporting and analytics, platform, social media administration, synthetic intelligence chatbots, web site plug-ins, and seamless integration.
Also isolating the firm’s platform is its utility of neuroeconomics — combining neuroscience (the perform of the nervous system and mind) with behavioral economics (results of psychological, cognitive, emotional, cultural and social components on the selections of people) — to affect consumers into making financial selections.
“We love video games and making video games, in addition to the ecommerce area, and we needed to fuse them collectively serving to our SME shoppers with much less branding energy generate substantial returns like massive enterprise corporations for a fraction of the price,” mentioned Patrick Womack, CEO and chairman of LiveHive. “Think of LiveHive as Steam meets Groupon for ecommerce. LiveHive is the best platform for B2B clients who’re conversant in AdWords and Facebook campaigns to create profitable gamified advertising and marketing. Our rivals solely have one part, or a small fraction at finest, of the whole lot that LiveHive has to supply.”
Womack added that LiveHive is wanting to faucet into the potential of the gamification market globally, which in accordance to a report by marketandmarkets.com, was valued at $9.1 billion in 2020 and anticipated to attain $30.70 billion by 2025 and develop at a compound annual progress fee of 27.40% over the forecast interval (2020 – 2025). Retail gamification additionally holds the largest market share.
The platform’s high advantages and options embrace:
- Innovative promoting: Companies can select from an ever-expanding library of easy and enjoyable video games. Add in customized branding and publish distinctive advertising and marketing messages in as little as quarter-hour.
- Utilize Neuroeconomics: Data insights based mostly on neuroscience and economics ship predictable shopper conduct and a greater ROI in contrast to PPC and CPA promoting.
- Boost Brand Impressions: Increase viewers consciousness, conversions, common order worth (AOV), and lifetime worth (LTV) via mobile-optimized, browser-based video games. Improve person time-on-site and deepen buyer familiarity by way of high-quality model engagement.
- Integrate Across Key Channels: Seamless plug-ins hyperlink between social, web site, cart, and electronic mail platforms. LiveHive works throughout each desktop and cellular functions.
LiveHive plans to unveil a beta launch in July 2021 together with test-driving the platform with pioneer manufacturers and ramping up its gross sales with B2B customers towards an official launch in the fourth quarter of 2021.
LiveHive is a SaaS platform that allows small to medium-sized ecommerce shoppers to model, publish, and share video games to drive long-session site visitors and incentivize purchases. For extra data, please go to https://www.livehive.com.
Conservaco/The Ignite Agency
