Boston, MA 06/18/2014 (wallstreetpr) – LiveDeal Inc. (NASDAQ:LIVE) has announced that it has continued to experience a significant uptake of restaurants offering consumer deals on its platform, as well as an increase of new restaurants registering for its services. The announcement has seen the company’s stock surge in the market by 13.49% to $4.29 in Wednesday Mid-morning trading session.
35 City Advertising Campaign
The increase in uptake of restaurants offering follows LiveDeal Inc. (NASDAQ:LIVE) announcing earlier in the month the initiation of the 35 city advertising campaign geared towards supporting restaurant owners who had created more than 10,000 deals. The company has already experienced more than 400% increase in the registration of the number of restaurants for its unique real time “Deal Engine” on a daily basis. This clearly shows that spreading of the campaign to other major cities across the U.S could make LiveDeal’s platform a household name.
LiveDeal Inc. (NASDAQ:LIVE) has already expressed its gratitude through its CEO, Jon Isaac, on the feedback they continue to receive from restaurants across the various markets where deal opportunities occur. Initiation of a multi-layer advertising campaign aimed at supporting approximately 35 markets across the U.S looks to be bearing fruits at last. The company’s advertising campaign includes TV Radio and Web Based ad delivery. The campaign is expected to create awareness of the company’s platform sure to increase registration as well as driving traffic into restaurant locations.
LiveDeal Focusing on Merchants
LiveDeal Inc. (NASDAQ:LIVE) is on a rally in terms of restaurant registrations attributed to resources and efforts geared towards the 35 city campaign. The company has already announced that the campaign contributed a 244% increase in visits, in the first week of inception.
LiveDeal Inc. (NASDAQ:LIVE) looks to have mastered the value of increased exposure to merchants who have embraced its platform with its ease of use and superior functionality. The advertising campaign has already increased restaurant opportunity to connect with potential customers
