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Posted On: 05/27/2022 4:39:13 PM
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NetworkNewsBreaks – Friendable Inc. (FDBL) Seeks New Milestones on Heels of Growth in Key Categories
Friendable (OTC: FDBL), a mobile technology and marketing company, and its flagship Fan Pass Live artist platform have seen increased growth in several areas since acquiring Artist Republik and FeaturedX. “Recent key metrics reported by the company about the first 100 days of growth for the year (per stripe merchant reporting) included revenue per subscriber increasing by 107.3% (an average of $10.72 per subscriber), spend per customer increasing 28.3% (an average of $34.12 per customer), and subscriber lifetime value (‘LTV’) increasing 168.5% (an average LTV of $214.45),” a recent article reads. “The reward of seeing results continues to motivate and point our team in the right direction, as our collective efforts of testing, iterating, testing, testing, and more testing pay off,” said Friendable CEO Robert A. Rositano Jr. “We must constantly look at the macro vision and direction, but it’s the micro-levels of detail that provide the most valuable data as we seek the next milestones in artist sign-ups, fan engagement, and conversions to purchases of all kinds, which is what the above results are showing us.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friendable (OTC: FDBL), a mobile technology and marketing company, and its flagship Fan Pass Live artist platform have seen increased growth in several areas since acquiring Artist Republik and FeaturedX. “Recent key metrics reported by the company about the first 100 days of growth for the year (per stripe merchant reporting) included revenue per subscriber increasing by 107.3% (an average of $10.72 per subscriber), spend per customer increasing 28.3% (an average of $34.12 per customer), and subscriber lifetime value (‘LTV’) increasing 168.5% (an average LTV of $214.45),” a recent article reads. “The reward of seeing results continues to motivate and point our team in the right direction, as our collective efforts of testing, iterating, testing, testing, and more testing pay off,” said Friendable CEO Robert A. Rositano Jr. “We must constantly look at the macro vision and direction, but it’s the micro-levels of detail that provide the most valuable data as we seek the next milestones in artist sign-ups, fan engagement, and conversions to purchases of all kinds, which is what the above results are showing us.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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