Through its joint venture with Domark
International, Inc., Mobile Lads Corp. (OTCBB: MOBO) has taken operational
control of the North American rights to online shopping solution
SimbaDeals.com.
The website uses a proprietary
technology called Monetizer101 to collaborate media owners, retailers and
consumers into a single online discount shopping solution. The platform is
unique in that it provides major benefits to all involved parties. First, media
owners are paid for driving traffic to the retailers. Then, retailers receive
new revenue streams and increased page reviews on their websites. Finally,
consumers obtain access to brand name products at heavily discounted prices.
With products from over four hundred
blue chip retailers currently listed on the site, Mobile Lads expects to
maximize the established asset through its formidable combination of necessary
funding and technical expertise. In particular, the company has been quick to
point out the site’s potential fit with its recently launched CouBox mobile
couponing platform.
CouBox is a system that gives
merchants the capability to list coupon items in a more easily discoverable
format for consumers. Through its use, consumers can more effectively search
for deals for specific items, brands and stores before ‘clipping’ the items to
their mobile accounts for later use. By aggregating coupon items from existing
mobile coupon destinations such as Groupon, Smartsource and RetailMeNot, CouBox
will serve as a one stop solution for all of customers’ mobile coupon needs.
Through its entry into both the
ecommerce and mobile couponing markets, Mobile Lads is positioning itself for
significant growth in the years to come. Studies by CouponPros.com indicate
that online coupon redemptions grew from just 200,000 in 2009 to more than 66.9
million in 2013. The ecommerce sector is experiencing similar growth, with the
overall market set to reach $50 billion this quarter.
As the company continues to grow its
portfolio of solutions to serve the ecommerce industry, both executives and
shareholders are excited for major growth opportunities in the years to come.
Get more info on Mobile Lads by
visiting www.mobilelads.com
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