Business Warrior Platform Demand Soars, Increases Subscribers by 20% in July and Launches Revenue Generating Marketplace
The source for small businesses receives new stock ticker - BZWR
Tempe, Arizona--(Newsfile Corp. - July 30, 2020) - Business Warrior Corporation (OTC Pink: BZWR) (formerly KDNG), the source for small businesses in America to get more customers, announces the launch of their marketplace and receives FINRA's approval of their new stock ticker, BZWR. The company's results continue to improve as demand increases for their solution with July on pace to have a 20% increase in new subscribers.
In addition to the soaring demand, the marketplace is a big step in Business Warrior's strategy to convert free subscribers into monthly recurring revenues. Since going public through a reverse merger in early February, the executive team continues to fulfill the business plan objectives, reducing debt, generating revenue, and changing the stock ticker.
Proving Demand
Business Warrior is a Software as a Service (SaaS) built for small businesses with a freemium model to maximize engagement and keep acquisition costs at optimal rates. The demand for their solution has been rising consistently while their Average Cost Per lead has decreased each month for the last seven months in a row. July's subscriber growth is on pace to increase by 20% over June's results.
"The demand for our solutions have been much higher than we expected and engagement has been steadily increasing each month, which proves that the problem we're solving is important to small businesses," said Rhett Doolittle, CEO & Chairman of Business Warrior Corporation.
Business Warrior's Marketplace
On July 15th, Business Warrior launched their marketplace, which offers a suite of new solutions to their free subscribers. Each new solution is tied to a problem identified in the subscriber's business. The software automates the process of identifying problems in a business that would usually require a salesperson with a high level of technical expertise to consult on every new account. This enables Business Warrior to scale their solutions with better accuracy, at a much faster pace and lower costs than their competition, without sacrificing margins.
Marketplace services
The marketplace solution solves the main difficulty that small businesses owners face: getting more customers. The base software and marketplace solutions collect thousands of data points about each business, automate as much as possible, and layer in human touch wherever needed. Here are the four main categories the marketplace solutions focus on:
Marketing - creation of marketing campaigns on behalf of each small business on Google, Facebook and Instagram.
Website/SEO - improvements made on small business's website like homepage user experience, page speed and monthly search engine optimization (SEO) to improve search rankings.
Reputation - delivers daily alerts of their customer reviews from Google, Facebook and Yelp. Subscribers also receive best-in-class review templates to help take the guesswork out of how to respond to reviews.
Listings - improve accuracy and refresh online listings with over 150,000 providers including Google, Bing, Yahoo, Yelp, Facebook and Foursquare.
Business Warrior subscribers can also purchase a bundled package to get all four services at a heavy discount.
Marketplace Launch Video
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Increasing Revenue
The most important piece to a freemium SaaS model is the company's ability to acquire and retain new subscribers at a low cost. The company's acquisition per new subscriber has been decreasing each month and their attrition has been almost zero. Now that they have a solid base of subscribers and they're acquiring new ones at the rate that fits their model, they are focused on increasing their monthly recurring revenue.
"Our revenues have primarily been coming from legacy revenue prior to our merger, which have been attriting until now. The plan is that our revenue will be increasing each month from here on out, which is coming directly from the marketplace," Doolittle explained.
BZWR - The Stock for Small Businesses
On July 22nd, the company announced on social media that their new stock ticker was approved by federal authorities. They began transitioning all materials and online publications to BZWR immediately and continue to complete this process. This enhances their brand on a national level and positions them for success in the public markets moving forward.
Since going public, the company has been consistently performing. The number of new subscribers has increased each month and the rate at which they're acquiring subscribers is climbing as well. They launched their marketplace on time and the company is reporting early indications that revenues will be increasing from August forward.
Rhett Doolittle summarizes the company's performance by saying "Our results across the board from our marketing, new subscribers, sales, customer retention and software development have been performing on target or ahead of schedule. I couldn't be more excited about where we are now and the trajectory we're on."
BZWR Ticker Symbol Reveal
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About Business Warrior
Business Warrior is the source for small businesses in America to enhance their brand and boost marketing results. The Business Warrior software takes a holistic view of a business's online reputation, listings, website search results and social media. Predictive algorithms are utilized to recommend the most imperative actions needed to drive new customers, positively impact daily operations and improve profitability. For more information, please visit businesswarrior.com.
Investor Relations:
investors@businesswarrior.com
(855) 884-5805
$BZWR WOW! Business Warrior Platform Demand Soars, Launches Revenue Generating Marketplace
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