Business
Venzee Reports New Client Activations and Third Consecutive Month Exceeding Retail Channel Growth Goals
Venzee Reports New Client Activations and Third Consecutive Month Exceeding Retail Channe...
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[{"type":"text","content":"Venzee-Metrics-Report\n \n \n \n Venzee Reports New Client Activations and Third Consecutive Month Exceeding Retail Channel Growth Goals\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n CHICAGO, Sept. 29, 2020\n \n \n \n \n \n Content Distribution Platform Adds 64 Retail Channels and Expands Enterprise Client Base\n \n \n \n \n CHICAGO\n \n ,\n \n Sept. 29, 2020\n \n /CNW/ -\n \n \n Venzee Technologies Inc.\n \n \n (TSX-V: VENZ) (\"Venzee\" or the \"Company\") reports continued steady addition of retail channels - outpacing internal growth targets and meeting client demand for digital integration across the valuable \"last-mile\" of global retail.\n \n \n \n \n \n \n \n \n \n According to Venzee CEO\n \n John Abrams\n \n , \"Our ability to monetize our brand clients is directly tied to how quickly we make relevant and requested retail channels available to them. Now, with more than 300 retail channels published on our platform, we are meeting our client needs and well-positioned to achieve our active, revenue-generating retail channel targets for 2020 and 2021.\"\n \n \n In July, Venzee began monthly reporting on key metrics, including the number of retail channels available to clients, and; \"Pipeline Velocity\" - the speed at which it can make available new retail channels for sale.\n \n \n In its September report, the Company again indicates strong growth of both key metrics with rapid retail channel growth demonstrating continued operational improvement and reliable platform scalability.\n \n \n \n Retail Channel Availability - Monthly Metrics\n \n \n \n \n August Retail Channel Availability - the number of unique retail channels available to clients using the Venzee platform solution - was 263.\n \n \n \n Between August 15 and September 15\n \n , the Company added 64 additional Retail Channels to its platform - beating by one the 63 Retail Channels added in the prior reporting period and delivering consistently strong \"Pipeline Velocity.\"\n \n \n On\n \n August 15\n \n , Retail Channels Available th...