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CM8 - Crowd Media Holdings

Dona Ferentes

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Conversational commerce has been around since 2015, when by Chris Messina, the inventor of the hashtag, mentioned it in a short post on the Medium website. It is a simple concept really.

Conversational commerce is about putting the conversation back into the customer experience.

The catch is, this is done via messaging services and technological means.

That’s not to say you shouldn’t have a conversation with your customers if they walk into your bricks and mortar store, however you should consider a tech function that also makes it easy for customers to relate to who you are what you are selling.

We now live in an era where communication is a technological experience, so it makes sense that conversational commerce is at the forefront of commercial thinking.

The increased use of messaging services have been proven to coincide with or improve the sales process as it enables customers to interact with businesses via chatting conversations instead of direct calls.

Customers generally interact via messaging and chat apps like Facebook Messenger, WhatsApp, or WeChat.

ASX listed Crowd Media (ASX: CM8) is a tech-based, vertically integrated social commerce business selling unique state-of-the-art products and services that are integral to the lives of its customers......

.... read all about it....
 

Dona Ferentes

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and clearly, something is afoot

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greggles

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CM8 has broken its downtrend today and is currently up 38.6% to 6.1c.

$7,528,000 in revenue in the last six months. Operating loss of $667,00 in the last quarter on revenue of $4,016,000. It won't take much to turn that operating loss into a profit with revenue increasing and management cutting costs.

Interesting Investor Presentation released on 10 February if anyone is interested in taking a deep dive into what CM8 are up to. Interesting stuff.

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greggles

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No price sensitive announcements for CM8 recently, but it has been moving up in the last week and is currently at previous resistance at 3c.

Something brewing?

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