Zedge Marketplace Introduces Major Website Updates
Rhea-AI Summary
Zedge announced significant updates to its Marketplace website, enabling users to purchase premium wallpapers directly using Zedge Credits. The new system allows customers to avoid third-party app store fees, providing better value for their purchases. The website upgrade features a modernized interface that aligns with the mobile app experience. Key features include direct premium wallpaper purchases, enhanced credit value compared to in-app purchases, and a refreshed design. The company plans to expand direct purchase functionality to include ringtones and live wallpapers in upcoming months.
Positive
- Introduction of direct website purchases bypassing app store fees increases profit margins
- Platform expansion with new direct purchase functionality
- Enhanced user value proposition through better credit-to-dollar ratio
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ZDGE declined 1.41%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Users Can Now Access More Zedge Content and Get Increased Value from Zedge Credit Purchases Made on the Website
Modernized user interface mirrors mobile app
NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced a significant enhancement to Zedge Marketplace's (https://www.zedge.net/) website that allows users to purchase premium wallpapers directly on the website, providing purchasers with improved value by avoiding third-party app store fees.
"We're making it easier and even more affordable for users to purchase premium Zedge Marketplace wallpapers," said Tim Quirk, SVP of Product at Zedge. "With this update, users can now purchase Zedge Credits on the Zedge website and use them to acquire their favorite wallpapers, saving them from paying additional app store fees - making their dollars go further with more credits per dollar when purchasing directly from us."
The website upgrade also introduces a refreshed and vibrant design aesthetic to the Zedge Marketplace that better aligns with the popular Zedge mobile app experience.
Key Features of the new Zedge Marketplace website update:
Direct Purchase of Premium Wallpapers: Users can buy wallpapers directly on the website with Zedge Credits;
More Value for Zedge Credits: Purchase credits are worth more when compared to in-app purchases, maximizing value for every dollar spent;
Modernized Interface: Enjoy a sleek, colorful design that mirrors the playful and engaging look of the Zedge app.
Zedge plans to expand this direct purchase functionality to include ringtones and live wallpapers in the coming months, providing users with even more choices and flexibility for personalization across devices.
About Zedge
Zedge offers a fun and dynamic suite of digital properties where users can design, play, personalize, and earn. Zedgers can easily create and share content using AI, compete in challenges, decorate their phones, and sell their work - all within the Zedge ecosystem. We serve tens of millions of users monthly across our portfolio of properties, including the Zedge Marketplace, a freemium marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds, and pAInt, a generative AI image maker; Emojipedia, the #1 trusted source for ‘all things emoji'; and GuruShots, "The World's Greatest Photography Game," a skill-based photo challenge game. For more information, visit: investor.zedge.net
Follow us on X: @Zedge
Follow us on LinkedIn: LinkedIn
Contact:
Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
(346) 396-8696
ir@zedge.net
SOURCE: Zedge, Inc.
View the original press release on accesswire.com
FAQ
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