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NexTech AR Solutions Corp NEXC
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Posted On: 08/31/2021 3:43:15 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Expands WebAR for Ecommerce Contract with Major Retailer

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, today announced the expansion of its partnership with Kohl’s Corporation (NYSE: KSS), one of the largest department store chains in the United States. The partnership began when Kohl’s identified Threedy.ai, now part of Nextech, and its WebAR for Ecommerce solutions as the most attractive option to introduce augmented reality and 3D models into its customer experience. Extensive product testing that began with Kohl’s Innovation Center validated Threedy’s return on investment. According to the update, Kohl’s, in collaboration with Nextech, is now significantly scaling WebAR for Ecommerce, creating thousands of new 3D models that will enhance the augmented reality experience for Kohl’s customers. “Kohl’s is an example of a large retailer that quickly recognized the potential for WebAR to enhance its online business,” said Evan Gappelberg, CEO of Nextech. “Augmented reality in e-commerce can not only drive sales, but reduce customer returns as the buyer feels a higher level of product familiarity before placing the order — the latter being a key point for many e-commerce customers. By combining Threedy’s disruptive AI technology and our leading AR platform, large retailers like Kohls can reach the necessary scale critical to support their e-commerce business.”

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