Datable Technology Corp (OTCMKTS:TTMZF) Stock Gains Momentum: Here is Why
Datable Technology Corp (OTCMKTS:TTMZF) was up 7% after revealing that since the launch of its collaboration with Adjoy Inc., it has entered agreements with two top consumer products firms.
Market Stats
On Wednesday, TTMZF stock increased 6.65% at $0.0561 with more than 637k shares, compared to its average volume of 36k shares. The stock has moved within a range of $0.0526 – 0.0649 after opening the trade at $0.0649.
Integrated Marketing Programs
As per the terms of the two agreements signed on October 2021, Datable and Dabbl will partner to offer a solution that integrates Datable’s PLATFORM with the Dabbl app. Most importantly, the digital marketing programs outlined in the agreements will begin in late this year and last until early 2022.
The home entertainment unit of a top US film production and supply firm, an existing Datable customer, will launch an advertising program to add more members to their customer loyalty program accommodated on PLATFORM.
The film customer will give a budget of $500,000 to reward new customers registering for their PLATFORM loyalty program through the Dabbl app. The other contract is with a bottling division of a Western US-based food and beverages distribution leader that will unveil a reward with a purchase program to receive digital gifts. So, investors should watch TTMZF.
Key Quote
“These two agreements early in our partnership with Dabbl, are consistent with the growing demand from leading consumer goods companies to engage consumers and collect first-party opt-in data. It is encouraging that one of our largest customers is allocating a significant budget for our first collaboration with Dabbl,” said Rob Craig, CEO of Datable. “The trial with the leading distributor of beverages is an indication that our combined product can shorten sales cycles with major brands. The trial is an opportunity to prove our value proposition and then increase the scope and scale of relationship.”
