Ove the past 36 mo ths, mo e tha $75 millio i booth sales have bee p ocessed th ough the Compa y’s platfo m. The histo ical figu e ep ese ts g oss booth sales p ocessed a d is p ovided as co text ega di g histo ical platfo m activity. It does ot ep ese t eve ue ecog ized by Nextech3D.ai, a d the Compa y has ot dete mi ed what po tio of this histo ical t a sactio volume would have bee eligible fo o subject to Dy amic P ici g.
U de the Compa y’s comme cial model, Nextech3D.ai will eceive 30% of i c eme tal eve ue att ibutable to Dy amic P ici g, with 70% of such i c eme tal eve ue etai ed by the eve t o ga ize . The amou t of i c eme tal eve ue will va y by pa ticipati g eve t a d will depe d o facto s i cludi g available i ve to y, o ga ize -selected p ici g pa amete s a d custome pu chasi g activity.
Map D Dy amic P ici g ope ates withi pa amete s established by each eve t o ga ize .
O ga ize s establish sta ti g p ices, p ici g ules a d maximum pe mitted i c eases. As o ga ize -defi ed sales th esholds a e eached, p ices fo emai i g i ve to y ca automatically i c ease withi the limits established by the o ga ize .
O ga ize s ca also desig ate p emium zo es withi a floo pla a d establish sepa ate p ici g pa amete s fo those locatio s.
P ices o ly i c ease withi o ga ize -app oved limits. Booths with ma ual p ici g emai u cha ged u less the o ga ize elects to i clude them i Dy amic P ici g.
The platfo m logs each p ici g cha ge a d its easo . The dashboa d i cludes a “Additio al Reve ue Ge e ated” met ic, allowi g o ga ize s to eview the effect of Dy amic P ici g. Repo ti g ca also be expo ted to CSV o Excel.
Map D Dy amic P ici g i cludes AI-assisted p ici g- ule suggestio s.
The system ca suggest a p ici g ule, while the o ga ize dete mi es whethe to Accept, Edit o Ig o e the suggestio . O ga ize s etai co t ol ove maximum p ice i c eases, sta ti g p ices a d p emium zo es.
This st uctu e allows the o ga ize to establish the pa amete s u de which Dy amic P ici g ope ates.
U de the Compa y’s comme cial model, Nextech3D.ai will eceive 30% of i c eme tal eve ue att ibutable to Dy amic P ici g, with 70% etai ed by the eve t o ga ize .
I c eme tal eve ue fo pu poses of the comme cial model is the additio al eve ue att ibuted to Dy amic P ici g. Map D’s epo ti g fu ctio ality is desig ed to t ack Additio al Reve ue Ge e ated a d p ovide o ga ize s with i fo matio ega di g p ici g cha ges.
The amou t of i c eme tal eve ue, if a y, will va y by eve t. The Compa y has ot p ovided a fo ecast ega di g the amou t of eve ue Dy amic P ici g will ge e ate o the pe ce tage of Map D custome s o eve ts that will use the fu ctio ality.
“Dy amic P ici g gives Eve t O ga ize s a additio al way to ma age booth a d spo so ship p ici g as i ve to y is sold. O ga ize s establish the p ici g ules a d maximum i c eases i adva ce, a d the system ope ates withi those pa amete s.”
“The fu ctio ality also p ovides epo ti g o p ici g cha ges a d i c eme tal eve ue ge e ated, allowi g o ga ize s to eview the esults di ectly withi Map D.”
Map D is pa t of Nextech3D.ai’s eve t tech ology po tfolio a d p ovides i te active floo pla i g a d elated tech ology fo eve t o ga ize s. Dy amic P ici g applies to booths a d spo so ships with limited i ve to y. Fo mo e i fo matio about Map D visit the website.
Nextech3D.ai is a AI-fi st tech ology compa y focused o developi g a d comme cializi g tech ology solutio s ac oss eve t tech ology, i te active mappi g, e gageme t a d e te p ise applicatio s. Its po tfolio i cludes Eve tdex, Map D, K aftyLab a d KATE, which fo m the fou datio of the Compa y’s evolvi g AI-fi st e te p ise softwa e st ategy. Fo mo e i fo matio visit the Compa y’s website at https://www. extecha .com/.
This p ess elease co tai s fo wa d-looki g i fo matio a d fo wa d-looki g stateme ts withi the mea i g of applicable secu ities laws, i cludi g stateme ts ega di g custome adoptio a d comme cializatio of Map D Dy amic P ici g.
Fo wa d-looki g stateme ts a e based o ma ageme t’s cu e t expectatio s a d assumptio s a d a e subject to k ow a d u k ow isks, u ce tai ties a d othe facto s that could cause actual esults to diffe mate ially f om those exp essed o implied, i cludi g p oduct-pe fo ma ce isks, custome -adoptio isks, competitive co ditio s, availability of capital, egulato y developme ts, data-secu ity a d p ivacy equi eme ts a d ope ati g costs.
The e ca be o assu a ce that Map D Dy amic P ici g will achieve a ticipated custome adoptio o fi a cial be efits. Reade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts. The Compa y u de takes o obligatio to update fo wa d-looki g stateme ts except as equi ed by applicable secu ities laws.
View the o igi al p ess elease o ACCESS Newswi e
