Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF) has announced the launch of its ARitize Configurator as an upgrade to the ARitize 3D app in Shopify (TSX:SHOP), offering one integrated solution for Shopify merchants.
The company said the ARitize 3D app for Shopify has had a 40% conversion rate to date with 312 downloads, and 124 merchants in a paid plan subscriptions.
Adoption is growing in the Shopify community for 3D models, and it is anticipated that adding the Configurator option will only accelerate merchants' adoption, it added.
In a statement, Nextech AR CEO Evan Gappelberg said: “Over the past several years, eCommerce sales have sky-rocketed on Shopify and Amazon (NASDAQ:AMZN). Customers are shopping more online and making more purchases online than ever before in new categories like furniture due to 3D models and AR.
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“In my opinion, it is only a matter of time before all brands and businesses will need to shift and embrace new 3D modelling technologies to gain an edge over the competition. Brands must invest in 3D models, or they will risk being left behind by their competitors,” he said.
Gappelberg said the company is seeing strong momentum in its business and is working with the largest e-commerce Prime Marketplace as well as others “who have a very large appetite for 3D models”.
“We have what I believe is the highest-quality AI-powered 3D modeling and configuration technology that’s now available on Shopify which is another major eCommerce merchant platform,” he said.
ARitize Configurator allows eCommerce sites to display multiple product variations from only one 3D model, which is all that is needed to lay the groundwork for an extended product portfolio.
With a single 3D model acting as the base, Nextech AR’s technology has made it easy to swap and display all product options and customizations. Customers have the ability to interchange colors, parts, materials and textures in real-time 3D to suit their personal preferences.
With the augmented reality feature, customers can also place the customized high-quality 3D product in their home or desired location, to see how the product would look in their space, providing an immersive shopping experience that keeps customers more engaged, Nextech AR said.
In a separate statement, Nextech AR Solutions announced that its CEO Gappelberg will be attending the Q3 Virtual Investor Summit via the following link: https://us06web.zoom.us/webinar/register/WN_VKIoe5B4R4C3w6IMi3xf9A.
During the presentation, Gappelberg will discuss the company's groundbreaking 3D modelling for e-commerce and metaverse spatial mapping technologies, and how they are impacting Web 3.0. The presentation will be webcast and an archived recording will be made available in Investors' section of the company's website.
Contact the author at jon.hopkins@proactiveinvestors.com