MOUNTAIN VIEW, Calif. – February 14, 2019 — Boomerang Commerce, the machine-learning e-commerce platform, announces over 500-percent growth in annual recurring revenue over the past six months — including over 600%-percent growth in new customer accounts — new industry recognition, expanded product innovation with its CommerceIQ platform, the industry’s first end-to-end platform for consumer brands to drive profitable growth on Amazon.
Highlights of the past six months include:
New Customer Wins & Success Leading companies including Kimberly Clark (US and UK), Bayer Healthcare, Kellogg’s, Kraft Heinz, The J.M. Smucker Company, Hill’s Pet Nutrition (a subsidiary of Colgate-Palmolive), Reckitt Benckiser, Avery Dennison, Nestlé Skin Health, Hamilton Beach, Goodbaby, and Flexsteel Homestyles partnered with Boomerang and subscribed to CommerceIQ to drive incremental ROI and top line growth on Amazon.
“To best meet our consumers where they shop, Hill’s Pet Nutrition, Inc. continues to invest in our e-Commerce and Amazon business. As our Amazon business scales, CommerceIQ will provide us the growth automation platform to efficiently and effectively minimize revenue leakage and maximize sales opportunities on Amazon.” - Francesca Hahn, eCommerce Director, Hill’s Pet Nutrition, Inc.
Innovation in Automation to Help Brands Win on Amazon CommerceIQ is now generally available and has been recognized by customers and the industry as the first and only solution that unifies sales, marketing and operations — from retail POS, to campaign performance, to inventory and promotion data — to enable brands to increase market share and sales through end-to-end automation of their Amazon business.
“The goal is to provide each of our teams across sales, marketing, operations, and supply chain their own view that shows their own recommendations and actions that are specific to their function. CommerceIQ has helped take us from where we were in the manual, disconnected, siloed concept more to the connected, automated hub concept.” - Andrew Freeman, Global Director, E-commerce Capability at Kellogg’s
Introducing CommerceIQ Advertising for incremental ROI With the general availability of CommerceIQ, the CommerceIQ Advertising module is now launched as the industry’s first solution that unifies AMS campaign performance with Amazon vendors’ retail POS, inventory and promotion data (AVC) while anticipating competitor activities to drive incremental top line growth and share of search on Amazon.
“We evaluated several options and concluded that only Boomerang’s CommerceIQ platform would give us the accuracy, breadth and depth of actionable insights to grow sales, improve marketing ROI, and proactively manage inventory to win in a digital-first world.” - Gabe Mattingly, Vice President of E-Commerce, Bayer Healthcare LLC.
CommerceIQ Advertising helps brands:
“To win in modern commerce today, new capabilities are required to profitably grow sales and market share on Amazon versus traditional retail. CommerceIQ provides consumer goods companies a unified technology platform that breaks down the silos across sales, marketing and supply chain to deliver automated, cross-functional insights and actions to efficiently scale and grow share.” - Boomerang Commerce CEO Guru Hariharan
Moving on Up to Seattle To better partner with consumer goods e-commerce teams and customers, agencies and Amazon, Boomerang Commerce has established its second headquarters (HQ2) in downtown Seattle.
To sign-up for a 3 month trial of CommerceIQ, click here.
About Boomerang Commerce and CommerceIQ Founded by veterans from Amazon in 2012, Boomerang Commerce powers intelligent commerce for leading consumer brands. CommerceIQ™ is the industry’s first end-to-end commerce platform for Amazon, that enables brands such as Kimberly-Clark, Kellogg’s, Bayer, Hamilton-Beach, Logitech and dozens of household name brands to drive profitable market share and sales growth through automation. CommerceIQ unifies and analyzes sales, marketing, operations, and competitor data to automatically recommend and take actions to stop revenue leakage and grow sales. The company is backed by Madrona Venture Group, Shasta Ventures and Trinity Ventures and has offices in Seattle, Chicago, Mountain View and Bangalore. To learn more, visit www.BoomerangCommerce.com.
CommerceIQ is a trademark of Boomerang Commerce in the U.S. and other countries. All other trademarks are the property of their respective companies.
For more information, contact: Gary Liu, firstname.lastname@example.org