Revolutionizing QR Package Codes: Unleashing the Power of AI & ML for Maximum Returns with Relotis
(Wilmington, DE) – June 28, 2023 – In the fast-paced world of tech investments, astute investors are always on the lookout for companies utilizing cutting-edge technologies like Artificial Intelligence (AI). However, forward-thinking investors understand that true value lies in visionary companies that offer practical application solutions. Relotis, Inc., a groundbreaking start-up, has emerged as a game changer in the QR package code space by leveraging AI and Machine Learning (ML) to engage customers, build loyalty, and unlock cross-selling opportunities for retailers, resellers, direct-to-consumer brands, manufacturers, and distributors.
Relotis introduces a revolutionary platform that simplifies the process for businesses to create incentives or discounts within the system, which can then be seamlessly printed and affixed to packages during fulfillment. By scanning a Relotis QR code on their package, customers instantly receive personalized marketing and smart engagement messaging, such as incentives, discounts, and product information, aimed at inspiring future sales. The platform also offers robust metrics, tracking data, and comprehensive engagement tracking and management capabilities.
“As a small team of entrepreneurs, we invite both individual investors and venture capitalists to join our burgeoning start-up,” says Alani Kuye, CEO and founder of Relotis, Inc. With two decades of global technology experience and a focus on accelerated growth, rapid application development, and scaled deployments, Kuye adds, “My mission is to simplify and scale technology platforms based on my years of managing ERP programs as an engineer, executive, and founder.”
Relotis projects an impressive revenue of $2 million in its first year of operation, with a projected growth rate of 300% over the next three years. The company aims to achieve profitability within two years of launch, with operating expenses projected at 25% of revenue. By the end of 2023, Relotis plans to reach 10 million scans, costing just $0.20 cents per customer interaction (scans).
To fuel its expansion and scale its platform, Relotis AI is seeking $12 million in funding. The investment will be allocated to product development, marketing initiatives, and hiring additional team members to support the company’s growth trajectory. An important target market for Relotis is the highly regulated specialty-controlled goods sector, encompassing pharmaceuticals, vape products, and hazardous materials, which face restricted marketing channels. Relotis provides an automated solution that ensures compliance while streamlining marketing efforts.
“The potential value capture for specialty-controlled goods is 0.001 of the $900 billion enterprise market share, and it is projected to grow at a compounded annual growth rate (CAGR) of 5.5% over the next five years,” explains Kuye. “We already have contracted customers on board, and three additional enterprise partners are in the pipeline for four-year contracts.”
Notable industry players have quickly recognized the value of Relotis. Rocketship, a provider of professional logistics services for major Fortune 500 companies, has partnered with Relotis to streamline its shipping, fulfillment, and packaging divisions. “Our partnership with Relotis combines logistics and technology expertise,” says Jerad Sorensen, CEO of Rocketship. “By leveraging artificial intelligence and machine learning, we enhance our customers’ software experience.”
EightVape, one of the largest online distributors of premium vape products, has already seen significant financial benefits from the Relotis platform. “Relotis has revolutionized our customer interactions. We can now provide incentives and discounts the moment our customers open their packages,” says an EightVape representative. “It’s a cost-effective and efficient sales tool that drives growth and improves customer engagement across our entire company.
To learn more about the investment opportunity or capabilities of the Relotis system for your business, please email support@relotis.com.
About Relotis, Inc.
Relotis is a high-tech company that uses advanced ai and ML to streamline enterprise data insights for product retailers, resellers, direct to consumer brands, manufacturers and distributors through a custom created QR code displayed on a shipping label or package. The platform is ideal for specialty-controlled goods to reduce compliance risks and increase efficiency. The Relotis system integrates ai and ML capabilities into a company’s existing infrastructure via a clean, intuitive interface, while delivering real-time customer retargeting and conversion to increase sales.