- The Vocal platform, which ranks among top online creator platforms, is built on the idea of a qualified ecosystem involving multiple stakeholders, including creators, audiences, and brands
- Vocal experiences significant growth, onboarding hundreds of new creators each day
- JMDA offers Vocal+, a premium subscription membership program with value-added features
After six years of strategic focus and relentless work, Jerrick Media Holdings Inc. (OTC: JMDA), a holding company that creates technology+, has built a distinctive technology platform that ranks among the top online creator platforms in the digital world. Designed to develop, empower, and engage content creators in a cost-effective way, Jerrick’s flagship product, Vocal, has grown to be one of the top online creator platforms, accruing hundreds of new creators daily.
“Vocal is now a scalable and sustainable technology platform ready for the endurance race,” Jerrick CEO Jeremy Frommer stated in the update (http://nnw.fm/I8rpq). “On a daily basis, we onboard 400-500 freemium creators, approximately 5-10% of which upgrade to Vocal+ within seven days, seeking a higher value proposition. The Vocal+ conversion rate is up from what was only 1-2% approximately 60-90 days ago. Underlying this monumental growth potential are accretive math formulas with which we designed the qualified ecosystem that makes Vocal so unique.”
Vocal+ is Jerrick’s premium subscription membership program. Vocal+ members pay a membership fee for value-added features, including increased earnings for their content, reduced platform processing fees on tips received, a Vocal+ badge on their creator page, early access to new features on the Vocal Platform and other rewards. Creators can sign up for free or upgrade to Vocal+, available for purchase on either a $99 annual or $9.99 monthly subscription basis.
According to Frommer, the Vocal platform is built on the idea of a qualified ecosystem, or a well-curated community of individuals, brands, and audiences brought together by a common interest or goal. “Core to the success of this type of ecosystem is a proprietary technology,” said Frommer. “The platform must offer a needed solution to a digital problem while being safe to engage with and efficient to use. From Upwork and Spotify to Vocal and Vimeo, these new platforms are the future of online communities.”
Individuals use these virtual communities of transaction to buy, sell or learn more about products and services; to discuss shared interests; to develop social relations; and to explore new identities. Savvy businesses that create and tap into these powerful virtual communities can experience significant benefits, including increased sales, positive word‐of‐mouth, more effective market segmentation, increased website traffic, stronger brand awareness, higher advertising and transaction fee revenue, and better product support and service delivery.
“Vocal is this type of platform that has cultivated a strong virtual community and is now reaping the benefits,” Frommer noted. “We found success when we stopped believing that we were smarter than the data, and we learned to see where the data was pointing and followed that path.”
Jerrick is focused on the development of digital communities, targeted marketing of branded digital content, and e-commerce opportunities. To accomplish these objectives, Jerrick envisions, designs and builds modern technology companies that redefine how people interact with technology. As the parent company of Vocal, Jerrick has built and shipped products that have influenced millions of people worldwide.
Those interested in weekly news from Jerrick can sign up at http://nnw.fm/hTp91
For more information, visit the company’s website at https://Jerrick.media
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
