Bountiful, Utah – – KwikClick on, Inc. (Pink: KWIK) (“the Company or “KWIK”), an industry-leading software program platform developed to uniquely join sellers (customers) and influencers with consumers (contributors) whereas merging the advantages of social media advertising and marketing with the extraordinary energy of particular person affiliate and phrase of mouth advertising and marketing, takes day out with Fred W. Cooper, PhD., the founder and visionary behind the modern Kwik.com platform. In this up shut and private interview, Mr. Cooper (FWC) explains his position at Kwik, his imaginative and prescient for the corporate transferring ahead, and the way and why he believes the Kwik.com platform can change E-commerce panorama.
Interview:
Q. Fred, you’re the founder and visionary behind the Kwik platform. But in it, you had been talked about as “stepping apart.” Is that an correct evaluation?
FWC: For a time, I’m stepping except for the obligations that attend being chairman and CEO. Much of a chairmans position is administrative at this level, and I really feel that Dave Hunt, the brand new Chairman has a few years of expertise and his expertise on this space to verify we’re OTC compliant.
Our government crew may be very skilled of their areas of Expertise. We have a CFO with public expertise, and a President who has been with KWIK since nearly the start. As a consequence, the route of the corporate is nicely established.
This stepping apart will permit me time to rescue one other state of affairs that’s demanding my quick consideration. However, I’ll nonetheless be influential to guarantee that the route for Kwik is about, and future developments within the platform are prioritized.
Q. With your involvement, are you able to clarify the evolution of the Kwik platform, the place it’s at present, and what traders and platform customers can anticipate within the platforms subsequent technology?
FWC: After over 1.5 years in growth, the platform is now able to the first performance it was initially designed for. We are capable of; 1). Sign up manufacturers on the platform, 2). Sign up customers and influencers, 3). Make a referral between a person and a possible buyer, 4. Collect fee for a purchase order whereas correctly accounting for all payment’s and funds to the model, and 5. Pay our waves of commissions to customers. This central fee engine (we name CCE) is on the coronary heart of the Kwik platform, it’s by way of this potential to permit anybody to earn commissions like influencers with giant followings. And this in flip motivates clients of any firm to change into ambassadors for the manufacturers they love.
As for the following technology within the platform, performance, usability, and integration on subsequent on the horizon. As we proceed to code the app, we’re including objects and API’s to permit integration into current e-commerce platforms comparable to Shopify, magento, and woo commerce to call just a few. We are additionally persevering with to develop our e-commerce performance for these manufacturers who want to have an alternate totally built-in e-commmerce retailer with KWIK and an irresistible worth… FREE.
Future upgrades on the docket embrace a simplified person interface which can cut back the variety of clicks required to share a hyperlink on any social media platform, increasing the platform to accommodate brick and motor procuring, service sector, and WEB3, enhancing the liquidity of commissions, and portability of commissions to banks, bank cards, different customers, manufacturers and so on.
Q. The attention-grabbing a part of that reply is its inclusionary function. It actually can attraction to everybody and anybody, proper?
FWC: That is a MAJOR purpose for its attraction. The app is free to manufacturers and to customers, it gives one other channel of distribution to manufacturers with a “no threat” proposition since KWIK solely earns income if a sale happens, and eventually, by paying waves of affect, somebody who would by no means contemplate themselves an individual of affect can earn on their true attain of affect. Anyone can earn commissions by endorsing and sharing a product as a result of it is not simply your folks you earn commissions on, it’s also the chums of your folks of your folks!
Q. It’s described as simple to make use of, too. As easy as a single click on from a Kwik-generated hyperlink to earn cash?
FWC: We have tried to make sharing a referral as simple as dropping a pin location. In this case, fairly than dropping your location to somebody, you merely drop the situation of product to somebody. Connecting your referral to the buyer in an unobtrusive method, makes the method a lot easier and customers don’t even have to be taught “how” it’s achieved. Only that with KWIK, the system retains tracks of all of the purchases of individuals inside a marketing campaign, after they buy, and your commissions, all inside a easy app.
Q. The shareholder replace highlighted how firms additionally profit from the Kwik platform. How so?
FWC: Right now manufacturers are VERY restricted within the info they get for the cash they spend on social media and influencers. Usually manufacturers should work with a dealer. They pay a payment to those brokers, who then entice the influencers with him the dealer as an affiliation with, to advertise the manufacturers service for a specified time period to earn a specified quantity of commissions.
The truly info the model receives again when it comes to ROI, buyer suggestions, marketing campaign success, and public opinion from the promotion is proscribed at finest. With KWIK, not solely do manufacturers know precisely how a lot gross sales had been generated from the marketing campaign, but additionally the precise legitimate scores they obtained, the variety of engagements, feedback, who was only and so forth. Data, probably the most priceless side of any firms advertising and marketing marketing campaign, is probably the most priceless. With kwik the price of that knowledge is once more, an irresistible worth…. FREE.
Q. Does that profit open doorways to partnership alternatives within the E-commerce house?
FWC: It does. It now makes it potential to supply manufacturers on E-commerce platforms an alternate market place. The model doesn’t must abandon their present funding in E-commerce, fairly KWIK can present a second distribution channel at nearly no value, until a sale happens. Exposure is what KWIK has to supply, and with USERS from different clients of different firms utilizing the platform, their specific model can get publicity as they get on the KWIK platform providing commissions to anybody who needs to advertise their model.
Furthermore, KWIK has the chance both by way of joint ventures, partnerships, or acquisition, to construct their platform and person base of current social media, E-commerce, and different social media providers. With KWIK because the associate, current clients of such platforms additionally change into quick manufacturers and customers of KWIK with a “aspect hustle” providing that’s like no different referral or associates program out there at present.
Q. In that respect, would these potential partnerships be dilutive, accretive, or a mix?
FWC: Such acquisition would solely be accretive. The further gross sales generated by on-line software program providers would yield increased gross sales and profitability to KWIK. Further, by adopting Kwik as their unique associates program to all manufacturers and clients, the joint ventures or acquisitions would result in elevated gross sales to all manufacturers and current clients.
Q. That suits into what the shareholder letter stated, “2022 might be a breakout yr.” Do you anticipate success that early?
FWC: With our skill to place manufacturers on the platform now, and pay their clients commissions in a means that has by no means been achieved for shoppers and influencers, we now have had manufacturers already categorical robust curiosity in launching our platform to their clients.
It is our hope {that a} couple giant manufacturers together with just a few giant influencers selling fast to their followers, will reveal to customers and corporations that KWIK is firstly of adoption.
While gross sales won’t be monumental the fourth quarter, the adoption of nicely know manufacturers on the platform we hope to be the start of one thing large.
Q. That optimism requires managerial and sector-specific experience. Is that in place?
FWC: Most all the managers and coders that we now have in home have been with us from the start. They are very acquainted with our technique, route, and coding philosophy. Beyond our in-house coders, we now have employed specialist in coding objects and API’s to make integration into internet platforms fast, simple, and correct. We do not must be one of the best at coding interfaces, we discover specialists of their particular area, and rent them to write down the code. The key for us, is that when the outsourced work is accomplished, we personal, and therefore can handle, the supply code.
Q. Assuming all goes in line with plan on the efficiency entrance, what protections are in place to safe Kwik’s aggressive benefits?
FWC: We are a cloud-based software program platform. We might be first to market with our wave fee processing, and our consolidation of affiliate applications supplied by manufacturers. First to market all the time gives a aggressive benefit when it comes to title recognition.
Beyond first to market, we now have filed over 30 patents inside the U.S. and internationally for a lot of of them to guard the way by which our waves of compensation are paid. The means we pay is easy for USERS to grasp, and we do not need a competitor to have the ability to copy our methodology for paying commissions in such a simple trend.
Our software program has been QC and stress examined for efficiency and reliability by impartial firms which specialize on this.
And lastly, our software program is “cloud agnostic.” What I imply by that’s presently we’re working utterly within the cloud with all of the safeguards in place with AWS. However, if for any purpose, we’re faraway from that service, our software program is written such that we are able to shortly and effectively transfer to some other cloud service supplier. We do not need to be beholding to any particular service for us to have the ability to function.
Q. It’s been recommended that the Kwik platform can revolutionize elements of the E-commerce panorama. As the imaginative and prescient behind the platforms growth, do you agree with that aggressive evaluation?
FWC: I consider revolutionary has change into trite in enterprise currently. But I consider with KWIK the time period is warranted, listed here are some explanation why…
*Go speak to any influencer, ask them in the event that they obtain indefinite commissions from all subsequent purchases from their followers, AND the chums of their followers, AND the chums of their associates. Not solely has no influencer ever been paid like that, they’ve by no means HEARD of it.
*When we method giant manufacturers about our CCE as a method to pay their clients for referring their model, whereas on the similar time offering that model with knowledge about their particular manufacturers, they’ve NEVER heard of such a associates program and solely want an illustration to show it really works, they usually like it. After all, what’s to not love about paying for a advertising and marketing marketing campaign provided that a sale happens, primarily based on a fee the model will get to find out, and will get to mine all the info from that specific marketing campaign. ALL at a worth they can not assist however love….. FREE
Q. Obviously, you might be bullish on the corporate’s prospects. But is there something conserving you up at night time relating to how briskly Kwik can develop?
FWC: First might be what I do not know. This idea, no matter time it takes to catch maintain, when it does, will seemingly go viral. I can not think about all the problems that will come to be an element with such development.
Also there are such a lot of joint ventures, partnerships, and enterprise relationships potential with KWIK, staying targeted and never increasing our providers quicker than our skill to handle must be fastidiously watched over.
Q. Two extra questions, and they’re hypothetical, not steering. How do you see the Kwik platform positioned within the sector within the subsequent 12-months and might you converse to the market measurement the corporate is focusing on?
FWC: Kwik goes to start its toehold by gaining adoption on its platform with midsize cap firms. These firms have a big sufficient client base, that by turning into the associates program for firms of this measurement, public consciousness of the brand new method to earn cash might be potential with out essentially having to have giant public media promoting to garner consciousness.
Additionally, KWIK will goal mid to giant scale influencers with a attain in extra of 1M followers to advertise KWIK as a brand new compensation technique for influencers and the manufacturers they promote.
The third technique to realize market consciousness might be within the integration of E-commerce platforms like shopify. These internet providers suppliers have an current clientele of shops with thousands and thousands of shoppers. By making KWIK a simple interfacing app with these shops, 1000’s of manufacturers and their 1000’s of shoppers will translate into publicity to thousands and thousands of potential Users of KWIK.
Shortly thereafter, the success tales of Users incomes important revenue regardless of their comparatively small attain will entice others, by way of phrase of mouth advertising and marketing, to deliver manufacturers to the platform, and share their commissionable merchandise with their associates.
Q. Ending the interview with this question- the Kwik shareholder letter advised traders that “they ain’t seen nothin’ but.” Since you might be part of the event crew, are you able to develop on that assertion?
FWC: Kwik while you first hear about it, appears like a referral program by which, in the event you suggest a product to a pal, they usually purchase, you earn a fee each time they repurchase. But it’s so way more than that. Kwik is a consolidation platform for affiliate applications, a social media platform the place people with comparable tastes and likes in items and providers can converse, an information gathering and mining firm, and even a public opinion discussion board to call just a few.
Since the important thing to kwik is compensating people for making clients conscious of products and providers, it’s the good advertising and marketing platform the place manufacturers get what they pay for, and clients receives a commission for what they love to purchase and share on a regular basis.
Thank you to Fred W. Cooper, PhD., Founder of KwikClick on, Inc. A replica of this interview is posted on our web site at kwik.com.
For extra details about KwikClick on, Inc., please go to their web site at kwik.com.
About KwikClick on Inc.
KWIKClick is a social software program platform developed to attach sellers with consumers (contributors) whereas merging the advantages of social media advertising and marketing with the extraordinary energy of particular person affiliate marketing online usually related solely with community advertising and marketing organizations. The free account has the potential to show all social media exercise right into a product solicitation on behalf of sellers in an unobtrusive method. Furthermore, the app permits contributors to be compensated for all gross sales ensuing from referring any services or products they want to promote actively or passively as they correspond socially, by way of cell gadgets, or on-line. Visit us at kwik.com
Safe Harbor StatementThis launch doesn’t represent a suggestion to promote or a solicitation of presents to purchase any securities of any entity. This launch comprises sure forward-looking statements primarily based on our present expectations, forecasts and assumptions that contain dangers and uncertainties. Forward-looking statements on this launch are primarily based on info out there to us as of the date hereof. Our precise outcomes could differ materially from these acknowledged or implied in such forward-looking statements, because of dangers and uncertainties related to our enterprise, which embrace the danger components disclosed in our Form 10-Ok filed with the Securities and Exchange Commission on March 28, 2022. Forward-looking statements embrace statements relating to our expectations, beliefs, intentions, or methods relating to the longer term and may be recognized by forward-looking phrases comparable to “anticipate,” “consider,” “may,” “estimate,” “anticipate,” “intend,” “could,” “ought to,” and “would” or comparable phrases. All forecasts are supplied by administration on this launch are primarily based on info out there presently and administration expects that inside projections and expectations could change over time. In addition, the forecasts are completely on administration’s finest estimate of our future monetary efficiency given our present contracts, present backlog of alternatives and conversations with new and current clients about our services. We assume no obligation to replace the data included on this press launch, whether or not on account of new info, future occasions or in any other case.
Investor Relations
Contact: KwikClick on
Marketing: advertising and [email protected]
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Media Contact
Company Name: KwikClick on, Inc
Contact Person: B. Cooper
Email: [email protected]
City: Bountiful
State: Utah
Country: United States
Website: https://kwik.com/
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