1606 Corp. (OTC:CBDW) has announced the pricing model for its artificial intelligence (AI)-powered chatbot ChatCBDW designed to enhance online customer engagement for CBD retailers.
The company said the proposed model includes a two-month free trial to allow customers to see the chatbot’s benefits without an initial financial commitment.
This trial period will be followed by a $299 monthly subscription fee.
1606 said this price, when considering the return-on-investment (ROI) potential for businesses, makes it competitive.
It added that the 14-month licensing term, inclusive of the free trial, provides enough time for businesses to assess the long-term benefits of the chatbot, improving renewal likelihood.
"Establishing pricing is a major step toward generating substantial revenues with ChatCBDW,” 1606 CEO Greg Lambrecht said in a statement.
“We're confident that the benefits to merchants starting with the initial ROI makes our pricing model competitive. We're looking forward to going to market in the days to come.”
1606 is a technology innovator focused on resolving the foremost customer service challenges in the CBD space and beyond.
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