Xhibit Corp.’s recent re-launch of their digital advertising network under the new AdBind™ brand is delivering industry leading results for consumer brand products by engaging highly targeted consumers online
Tempe, AZ Mar. 26, 2013 – Xhibit Corp. (OTCQB: XBTC) (“the Company” or “Xhibit”), a leading provider of digital marketing and advertising solutions is reporting record increases in Ad Spend and revenue since the re-launch and consolidation of its online ad network and distribution platform in early 2013.
The most recent data received by the Company for March 2013 shows record level advertising distribution for Adbind.com part of Xhibit. From March 1st to March 21st, traffic through AdBind network increased to averaging over 23,000 clicks and generating an average of over 1,100 sales per day with an average transaction item price of $75.00 or more for its clients.
AdBind™ is Xhibit Corp.’s digital advertising network, ad delivery and bidding system that utilizes sophisticated strategies to aggregate ad inventory across the digital space to engage consumers. Beyond simply delivering the right message to the right consumer, adbind.com allows for advertisers to select from variables that result in industry leading engagement levels generating outstanding performance base results. This service provides the promoting brands across various channels of display, social, search and email from a single one-stop shop.
The growth in the digital advertising marketplace has exploded over the last 48 months. Spending on online advertising topped $100 billion for the first time last year, according to a report by eMarketer. The report shows that nearly one in five ad dollars are now going into the digital space. Data also indicates digital spending is continuing to grow at a rapid clip, forecast to stay at double-digit increases through at least 2015. According to eMarketer, online ad sales will rise 15.1% to $118.4 billion and digital ad spending will pass a quarter of all ad dollars by 2016.
Xhibit Chief Financial Officer, Michael Schifsky states, “We know that AdBind™ has the ability to deliver tremendous results for consumer products. These latest numbers coming out on generating actual sales for our clients are just validating what we’ve been able to do with the consolidation and relaunch of our digital advertising network. It’s important to us as a Company to see the network delivering this kind of ramp-up in traffic and considerable results from ads for our clients. This is an area where we can really deliver for leading consumer products and brands using our cutting edge approaches and unique capabilities.”
Currently access to AdBind is still in beta and on an invite only basis. To request more information please visit http://www.xhibitcorp.com/about-us
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