Locafy Expands Partnership with Experience.com to Boost Market Penetration
Locafy Ltd (LCFY) saw a significant price drop of 21.76% as it crossed below its 5-day SMA, reflecting a challenging trading environment.
The company has expanded its partnership with Experience.com, allowing the latter to sell Locafy's Localizer product across the U.S., targeting over 800,000 home service businesses. This partnership aims to enhance Locafy's market penetration and could significantly boost revenue, contingent on market conditions and execution. Locafy will support Experience.com's sales efforts through educational webinars and AI-powered sales technology, indicating a proactive approach to market adoption.
Despite the current stock decline, the partnership with Experience.com presents a potential growth opportunity for Locafy, as early traction and pipeline development suggest a positive outlook for future sales.
Analyst Views on LCFY
About LCFY
About the author






