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Friday, 05/17/2024 11:42:57 AM

Friday, May 17, 2024 11:42:57 AM

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NEXTECH3D.AI ANNOUNCES NEW DEALS AND RENEWALS IN 3D MODELING BUSINESS

Nextech3D.ai Continues to Sign New & Renewal 3D Modeling Deals plus AR Visualization for Enterprise e-commerce.

TORONTO, O.N, Canada – May 17, 2024 - Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D generative AI-powered 3D model supplier (Patent #11,948,248) for major e-commerce retailers including Amazon, Miele, P&G, and Kohl's, is pleased to announce a series of exciting new deals and renewals for its 3D modeling business. To date, the company has delivered over 70,000 models to customers across various industries and expects significant growth in 2024 and beyond, driven by Amazon's expanding platform for 3D models and AR experiences. The company is also extending its market reach into sectors like brake pads, calipers, crossbows, power tools, pallet jacks, and more.

CEO Evan Gappelberg Comments on Expansion and Innovation:

Evan Gappelberg, CEO of Nextech3D.ai, stated, "Today, we are seeing more companies, both large and small, across many new industries interested not just in 3D AI models but also in 3D AI digital renders, which we now offer alongside our 3D AI models. This creates additional value from the 3D model itself. 3D AI and AR produce immersive shopping experiences that customers now expect in e-commerce. With our end-to-end integrated solutions, white-glove service, ability to scale production, and large enterprise customers, Nextech3D.ai is emerging as a leader in 3D AI e-commerce."

Showcase of New 3D Models

Brake Pad
Caliper
Rotor
Crossbow
Power Tool
Global Pallet Jack
Global Industrial Fan

Renewals with Global Brands
City Grounds: Offering innovative merchandise for urban cycling needs and more. View Crew Bike Co CB275 27.5" BMX Bike and View Crew Dart V2 Electric Bike
Surplus Furniture: Surplus Furniture quickly became a top furniture and mattress retailer with the buying power to provide incredible value at a warehouse price. View Kempton Black Double Motion Loveseat
William Wood Mirrors: A UK-based company with decades of experience in mirrors, lighting, and furniture. View Liberty - Black Full Length Arched Metal Mirror
X Rocker UK: X Rocker is renowned for redefining home entertainment for gamers across the globe.

Explore Existing 3D Product Models on Amazon:

View Vornado Vintage Air Circulator Fan
View Metal Meat Claws, BBQ Pork Shredder, Walnut Wood Handles

Why AI and 3D Modeling, and Why Now?

The e-commerce landscape is evolving rapidly, with consumers demanding more interactive and engaging shopping experiences. This is where AI and 3D modeling technology come into play, offering a dynamic, immersive, and personalized shopping journey. The shift from 2D to 3D modeling for e-commerce is a major multi-decade transformation that is being led by AI. This transformation is evident as major brands and companies are incorporating 3D models and AR shopping.

Amazon (AMZN - Worth $2 Trillion) Amazon is leading this shift, transitioning from traditional 2D images to 3D models for all their products, setting a new standard in online retail. Nextech3D.ai is proud to be a 3D model supplier for Amazon, already creating tens of thousands of 3D models per month.

According to Amazon Prep: Amazon Has Measured the Following 3D/AR Model Benefits:

an 8X increase in customers who viewed a product in AR at Amazon, from 2018
2X improvement in purchase conversion observed on average in 2022 when AR Virtual Try-On (shoes and eyewear) or View in 3D is enabled on an Amazon Product Listing
94% of customers surveyed by Amazon said they would use Virtual Try-On again (2022 survey of over 2,000 Amazon customers)
9% improvement in sales observed on average when View in Your Room is enabled on an Amazon product listing

Other Benefits of 3D:

3D content that is created can be used beyond the detail page.
Save money on product photography by using 3D assets to render detailed page images
Lifestyle images or other brand marketing content can be quickly created without the need for a studio setup
Many 3D content creators can use 3D assets to create animations, videos, and interactive or animated infographics. Clients should talk to their content creators to learn more about capabilities

The Power of 3D Models in e-commerce

3D models in e-commerce enable customers to visualize products in high detail from every angle, significantly enhancing decision-making confidence. This shift leads to higher conversion rates, as customers are more likely to purchase when they can thoroughly explore a product. Moreover, 3D visualization reduces returns, as buyers have a clearer expectation of what they are purchasing, thus saving costs and improving customer satisfaction. Additionally, interactive 3D models increase customer engagement, keeping them on your site longer, which directly correlates with increased sales.

Timely

As online shopping continues to grow, the demand for more immersive and interactive experiences is growing. Businesses adopting 3D models are setting new benchmarks for customer engagement and satisfaction.

Nextech3D.ai believes it stands at the forefront of this mega-trend, leading the shift from static 2D images to immersive 3D experiences. Its patented AI-powered 3D modeling technology creates photo-realistic 4K 3D models that cater to major e-commerce platforms like Amazon. With years of expertise and a portfolio of high-profile clients including Amazon, P&G, Kohls, Miele, and others - Nextech3D.ai is transforming online shopping into an interactive adventure.

ARitize3D is your one-stop-shop AR solution with automated 3D model creation at an unbeatable price. Our Artificial Intelligence (AI) will turn your existing 2D product images or CAD files into 4K 3D AI and Augmented Reality experiences. It's fast, it's easy and it will transform your e-commerce website.

ARitize3D is the One-Stop-Shop 3D + AR solution for e-commerce that is:?

Affordable - ?lowest cost provider
Scalable - fastest, seamless, high quality
Frictionless - requires low implementation effort ?
AI & ML powered - automated 3D model creation
End to End - from model creation to CMS & AR visualization

Nextech3D.ai: Leading the Future of e-Commerce.

As online shopping continues to grow, the demand for immersive and interactive experiences is increasing. Nextech3D.ai is at the forefront of this mega-trend, transforming online shopping into an interactive adventure with its patented AI-powered 3D modeling technology, catering to major e-commerce platforms like Amazon.

Brands are invited to Contact Us to let our team help you start selling using 3D models for your online store today.
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