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    Marchex Announces Additional AI Solutions to Empower Businesses

    10/30/24 9:00:00 AM ET
    $MCHX
    Computer Software: Prepackaged Software
    Technology
    Get the next $MCHX alert in real time by email

    Marchex's AI Solutions are trained to be industry-specific because customer experiences, products, services, and topics vary across each vertical.

    Marchex (NASDAQ:MCHX), which harnesses the power of AI and conversational intelligence to drive operational excellence and revenue acceleration, today announced the phased rollout of its vertical-specific advanced AI solutions for lead identification, lead value assessment, and trending topics discovery. These innovative AI solutions deliver descriptive, predictive, and prescriptive insights that enable businesses to improve return on ad spend, understand the primary elements driving changes in customer behavior, and increase sales. Launching in Q4 2024, these solutions are tailored for automotive OEMs and dealers, home services, medical, dental, and automotive services.

    Advanced AI Solutions key benefits:

    • High-Value Lead Identification: Scoring that reveals the highest potential leads.
    • Industry-Specific Customization: Businesses receive the most relevant, actionable insights.
    • Data-Driven Decisions: Track trends, optimize resource allocation, and make informed decisions based on comprehensive customer insights.
    • Marketing Optimization: Industry specific lead and appointment rate models that optimize marketing campaigns to drive high-value leads.
    • Improved Attribution: Segment target audiences and improve automated bidding using any combination of lead outcome, lead value, and topics.
    • Understand relevant customer topics: Identify topics and trends that are most important to a successful sale and customer experience.

    "Marchex's industry leading AI solutions provide an unprecedented level of visibility into customer interactions, offering industry-specific context so businesses can better understand lead value and lead outcomes, the topics that matter most to their customers, and how those topics change over time," said Troy Hartless, Chief Revenue Officer at Marchex. "As businesses strive to make informed decisions and drive impactful business outcomes, these new AI solutions underscore our commitment to transforming customer data into a strategic advantage."

    For more information, visit https://www.marchex.com/.

    About Marchex

    Marchex harnesses the power of AI and conversational intelligence to provide actionable insights aligned with prescriptive vertical market data analytics, driving operational excellence and revenue acceleration. Marchex enables executive, sales, and marketing teams to optimize customer journey experiences across communication channels. Through our prescriptive analytics solutions, we enable the alignment of enterprise strategy, empowering businesses to increase revenue through informed decision-making and strategic execution. Marchex provides conversational intelligence AI-powered solutions for market-leading companies in leading B2B2C vertical markets, including several of the world's most innovative and successful brands.

    Please visit http://www.marchex.com/, www.marchex.com/blog or @marchex on X (formerly Twitter) (x.com/Marchex), where Marchex discloses material information from time to time about the company and its business.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241030309464/en/

    Get the next $MCHX alert in real time by email

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    Q&A

    New
    • What industries do Marchex's AI solutions cater to?

      Marchex's AI solutions are industry-specific, focusing on various verticals such as automotive, home services, and medical. This customization allows them to provide more relevant insights tailored to the unique needs of each industry.

    • What are the key benefits of Marchex's advanced AI solutions?

      The key benefits include high-value lead identification, industry-specific customization, data-driven decisions for trend tracking, marketing optimization, improved attribution, and understanding relevant customer topics for better sales outcomes.

    • When will Marchex launch its vertical-specific advanced AI solutions?

      Marchex will begin rolling out these advanced AI solutions in Q4 2024.

    • How do Marchex's AI solutions assist businesses in understanding customer interactions?

      The solutions use AI to provide descriptive, predictive, and prescriptive insights. This means they can help businesses identify potential leads, assess their value, and understand the topics that drive customer behavior changes over time.

    • What does Troy Hartless, Chief Revenue Officer at Marchex, say about the impact of their AI solutions?

      Troy Hartless stated that these AI solutions offer unprecedented visibility into customer interactions and are designed to give businesses a strategic advantage by transforming customer data into actionable insights.

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