{"id":2251,"date":"2020-08-17T17:44:49","date_gmt":"2020-08-17T17:44:49","guid":{"rendered":"https:\/\/techclot.com\/index.php\/2020\/08\/17\/nextech-ar-ramps-up-augmented-reality-ecommerce-business-with-major-brand-deals\/"},"modified":"2020-08-17T17:44:49","modified_gmt":"2020-08-17T17:44:49","slug":"nextech-ar-ramps-up-augmented-reality-ecommerce-business-with-major-brand-deals","status":"publish","type":"post","link":"https:\/\/techclot.com\/index.php\/2020\/08\/17\/nextech-ar-ramps-up-augmented-reality-ecommerce-business-with-major-brand-deals\/","title":{"rendered":"NexTech AR ramps up augmented reality ecommerce business with major brand deals"},"content":{"rendered":"<p><a href=\"https:\/\/www.google.com\/url?rct=j&#038;sa=t&#038;url=https:\/\/www.proactiveinvestors.com\/companies\/news\/926845\/nextech-ar-ramps-up-augmented-reality-ecommerce-business-with-major-brand-deals-926845.html&#038;ct=ga&#038;cd=CAIyHGQzYWQwNmI0YTFiYjA3MmU6Y28udWs6ZW46R0I&#038;usg=AFQjCNEAit2NJkTqUS3XhLtzBCI-hdttEQ\">NexTech AR ramps up augmented reality ecommerce business with major brand deals<\/a><\/p>\n<p><div><img data-recalc-dims=\"1\" decoding=\"async\" data-src=\"https:\/\/i0.wp.com\/techclot.com\/wp-content\/uploads\/2020\/08\/vIcDdO.jpeg?w=640&#038;ssl=1\" class=\"ff-og-image-inserted lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\"><\/div>\n<p>NexTech AR Solutions Corp (<a class=\"companyPopupTrigger\" href=\"https:\/\/www.proactiveinvestors.com\/CNSX:NTAR\/Nextech-AR-Solutions-Corp.\/\" rel=\"17622\">CSE:NTAR<\/a>) (<a class=\"companyPopupTrigger\" href=\"https:\/\/www.proactiveinvestors.com\/CNSX:NTAR\/Nextech-AR-Solutions-Corp.\/\" rel=\"17622\">OTCQB:NEXCF<\/a>) said it has begun a major expansion of its augmented reality (AR) ecommerce business over the past two months, inking deals with some with major brands.<\/p>\n<p>Over the past 60 days, NexTech noted that it has signed distribution deals with Dyson, Philips Norelco, MR. Coffee, VitaMix, MetroVac, Breville and Cuisinart. The agreements allow the company to leverage its full AR technology stack, which includes its WebAR, ARitize360 app and 3D\/AR advertising network.<\/p>\n<p>\u201cUp until 60 days [ago], Miele [Vacuums} accounted for the majority of our AR ecommerce business,\u201d NexTech CEO Evan Gappelberg said in a statement. \u201cNow with seven major new brands and more in the works, we are exponentially increasing our AR e-commerce revenue potential.\u201d<\/p>\n<h4><a href=\"https:\/\/www.proactiveinvestors.com\/companies\/news\/926637\/nextech-says-infernoar-platform-selected-by-canadian-urban-transit-association-for-virtual-conference-926637.html\">READ: NexTech says InfernoAR platform selected by Canadian Urban Transit Association for virtual conference<\/a><\/h4>\n<p><iframe allow=\"autoplay; fullscreen\" allowfullscreen frameborder=\"0\" height=\"360\" data-src=\"https:\/\/player.vimeo.com\/video\/386503574\" width=\"640\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\">[embedded content]<\/iframe><\/p>\n<p>\u201cDuring this digital transformation where above all else the customer experience is paramount, NexTech\u2019s augmented reality solutions for ecommerce gives us a competitive selling advantage,\u201d Gappelberg added. \u201cWe\u2019re now taking a proven business model built for scale and applying it to these seven blue-chip consumer brands.\u201c<\/p>\n<p>NexTech noted that global ecommerce sales are expected to top US$4.2 trillion in 2020 and reach more than $6.5 trillion by 2023, according to Statista.&nbsp;<\/p>\n<p>\u201cEverything we\u2019re seeing with ecommerce is unprecedented, with growth rates expected to surpass anything we\u2019ve seen since the Great Recession,\u201d said Andrew Lipsman, principal analyst at eMarketer. \u201cCertain ecommerce behaviors like online grocery shopping and click-and-collect have permanently catapulted three or four years into the future in just three or four months,\u201d<\/p>\n<p>NexTech, based in New York and Toronto, also offers AR for e-commerce companies, AR in Chat, AR University for education and \u201cv-commerce,\u201d an in-store virtual reality experience.<\/p>\n<p><em>Contact Andrew Kessel at <a href=\"https:\/\/www.proactiveinvestors.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"55343b312730227b3e30262630391525273a3436213c23303c3b233026213a27267b363a38\">[email&nbsp;protected]<\/a><\/em><\/p>\n<p><em>Follow him on Twitter @andrew_kessel<\/em><\/p>\n<\/p>\n<p>Published at Mon, 17 Aug 2020 14:14:57 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NexTech AR ramps up augmented reality ecommerce business with major brand deals NexTech AR Solutions&#8230;<\/p>\n","protected":false},"author":12,"featured_media":2250,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[61],"tags":[],"class_list":["post-2251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-augmented-virtual-reality"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/techclot.com\/wp-content\/uploads\/2020\/08\/vIcDdO.jpeg?fit=1200%2C630&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3orZX-Aj","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/2251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/comments?post=2251"}],"version-history":[{"count":0,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/posts\/2251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media\/2250"}],"wp:attachment":[{"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/media?parent=2251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/categories?post=2251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techclot.com\/index.php\/wp-json\/wp\/v2\/tags?post=2251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}