Adoption of CommerceIQ’s Machine Learning-Based Ecommerce Platform Soars; Driving 300% Annualized Revenue Growth and $6B in Amazon Revenue Under Management
Summary
At the same time, prominent customers including Bayer, Hamilton Beach and Homestyles have doubled-down and expanded their use of CommerceIQ’s machine-based ecommerce platform to optimize their advertising, sales and supply chain operations with a focus on increasing Share of Voice (SoV). CommerceIQ’s inventory and profit-aware ecommerce channel optimization platform has become the solution of choice for brands spanning Consumer Packaged Goods, Hardline and Softline categories. By focusing on SOV, CommerceIQ consistently outperforms traditional ad agencies, delivering superior incremental sales growth and lower cost to serve than return on advertising spend (ROAS) based strategies. “Forward-thinking customers like Bayer, Hamilton Beach, Homestyles, Logitech and Nature’s Bounty recognize the need for speed and scale in their ecommerce operations and understand that a machine learning-led approach differentiates them from the competition and helps drive growth in even the toughest of times.” To learn more about CommerceIQ’s Advertising Managed Service, or to receive a free competitive benchmarking and ecommerce advertising strategy assessment, please visit our website or contact us at gearup@commerceiq.ai. These brands rely on CommerceIQ’s machine-based commerce technology and business processes, which are purpose-built to tune ecommerce algorithms, collaborate and share data-driven insights in real-time in response to changing variables across hundreds of products on leading retail sites.
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