Loop Insights (MTRX:TSXV) could very well be the best e-commerce technology company we've seen in the past 10 years. We thought it when we saw it for the first time ... and then the thinking really took hold when we showed Loop's technology to retailer friends of ours, who jumped out of their phones.
So what does Loop do? As their name suggests, they close the loop between brick and mortar locations and their e-commerce stores
But how do they do that?
Well, we know that all e-commerce sites have easy access to real-time insights, which leads to personal marketing. That's how:
Amazon recommends a product based on a real-time purchase you are making;
Spotify recommends music based on music you are listening to in real-time;
NetFlix recommends other movies based on what you just watched.
What Loop is doing is creating that same experience for you in a physical retail location, which has NEVER been done. Whether you are in a hotel, casino, store, or stadium, Loop's disruptive capability creates a real-time increase in spend, loyalty, foot traffic and wallet share.
But don't just take our word for it, here is what the largest brick & mortar CBD retailer in America had to say:
"There's no greater time to utilize top-tier artificial intelligence technology to gain an edge in this industry. Our customer base is huge, and it's important to understand their needs and preferences to maximize basket size, loyalty and wallet share. We look forward to working with Loop and building unparalleled experiences for our customers."
If that wasn't enough, here is what MTRX announced last month:
Now you know why we're calling Loop Insights the best e-commerce technology company we've seen in 10 years.
Grab your favourite summer beverage, get comfortable and watch this powerful video with CEO, Rob Anson.