CommerceIQ

🍁 How’s your Fall Prime Day prep going? 🍂 With big ad spend and even bigger discounts, Amazon sellers got a boost in July … but at what cost? ICYMI: In our latest industry report, we examine brand performance before, during and after this summer's Prime Day—unlocking comprehensive insights and recommendations to help you fight diminished sales impact, declining ROAS and inventory challenges heading into the next event. Download your free report now to start prepping for the next Prime Day. https://hubs.li/Q02Mb3P60 #PrimeDay24 #ROAS #ecommerceinsights

EXCLUSIVE REPORT! Secrets of Prime Day 2024: Insights to Skyrocket Your Amazon Growth 🚀 We’re excited to announce the release of our comprehensive Prime Day 2024 Report, packed with actionable insights to help you optimize your strategies for the year ahead. This report goes beyond the hourly recap reports we created during the event, offering a deep dive into the overall trends, strategies and key takeaways from Prime Day, including: 💡 Category sales growth 💡 The cost of advertising & ROAS 💡 How out-of-stocks affected revenues 💡 The most profitable discount strategies 💡 Prime Day’s impact on residual sales Download your free report now to start prepping for the next Prime Day. https://hubs.li/Q02Lq61h0

⚡🎯 INNOVATION UPDATE! 🎯⚡ We’re thrilled to announce that CommerceIQ’s Retail Media Management (RMM) solution, which includes our proprietary Incremental Return on Ad Spend (iROAS) metric, now fully integrates with Criteo: unlocking incrementality and enhanced retail media capabilities in more than 187 retailers across 14 countries. 🌍 ✔️ Build smarter ad budgets ✔️ Connect to leading retail media platforms ✔️ Measure worldwide incrementality ✔️ Optimize for incremental sales Read the full announcement to see how CommerceIQ can supercharge your incremental sales: https://hubs.li/Q02KgvwR0

🎯 CommerceIQ is proud to support Roundel as part of our robust partner network, who today announced open access to the Roundel™ Media Studio platform for all its advertisers. See how this makes our Retail Media Management solution even more powerful, and how your brand can boost incremental sales with this update. https://hubs.li/Q02JLGKz0

CommerceIQ is proud to be named a G2 Leader in Retail Media Advertising Platforms. See why our customers say CIQ’s Retail Media Management Platform “does it all”: “Rather than having to have multiple different platforms for different aspects of the business, CommerceIQ does it all. Easy to use for all parts of the business. Sales, Ops, Finance, Marketing, Brand … It checks every box. They make managing at scale possible.” -CIQ customer Request a demo now: https://hubs.li/Q02HG9Sf0 #G2Leader #retailmedia #retailinnovation

What did we learn from #PrimeDay2024? Savvy shoppers aren't just chasing the lowest price anymore. They're patiently waiting for deals and discounts to grab the higher-ticket items they've been eyeing. 👀 👀 💳 💡 Get our full Prime Day Insights Report now: https://hubs.li/Q02H9xsJ0 #PrimeDayInsights #ecommerce

📄 FREE PRIME DAY REPORT We’ve put together a Prime Day Insights Report to show category performance across Amazon's hottest retail event. Our key insights: 💸 Prime Day 2024 saw revenues nearly triple compared to the previous week, with an overall 15% increase in average prices—suggesting that discounts prompted consumers to purchase higher-priced items when they could access them at the lowest prices. 🥁 Toys, Electronics, Home & Kitchen, and Patio, Lawn & Garden categories thrived, boasting revenue increases ranging from 400 to 600+% as compared to the week prior. 🐕 Pets saw prices fall by 14% and only a 79% revenue increase—making it relatively one of the weakest-performing categories over Prime Day. 🍅 Grocery, Beauty, and Office Products saw nominal price fluctuations WoW, suggesting stable consumer purchasing habits in these areas. 📊 Prime Day 2024 spending patterns indicate that shopper behavior is shifting across categories, as discerning consumers are looking for more than just the lowest price online. Want the full report? Download your copy now: https://hubs.li/Q02H9Q8M0

Our team at CommerceIQ's just shared this quick recap of the first day of Prime Day. Here's what we saw 1. Prime Day has had a 330%+ impact on overall sales, with categories like Toys, Home & Kitchen and Patio, Lawn and Garden growing between 5x to 15x on the first day. 2. This growth has coincided with an increase in ASP of +17%, signaling while consumers are certainly benefitting from discounts, they are likely buying more expensive items, or larger bundles to take advantage of the deals. This was not true however in Pets, Patio, Office, Home & Kitchen and Electronics all saw price levels fall, likely indicating deep discounting within the categories. 3. Prime Day 2024 paced much faster than Prime Day 2023. 2024 saw a higher percentage of first day sales generated in the first 9 hours of Prime Day. Shoppers this year were shopping more in the early hours of the morning or in the middle of the evening as compared to 2023. *Note: all figures are comparing to the 6-Day averages between July 10 to 15 leading into Prime Day How did your Day 1 go? We'll be doing a full breakdown by end of week, comment below if you want me to send that to you 👇

🛍️ Has your #PrimeDay24 been as successful as it could be? See why the world's best brands trust CIQ, named a G2 Leader in Retail Media Platforms, to skyrocket their #Amazon sales.🚀 "Commerce IQ has truly transformed our Amazon business. Their tools for listing health analysis and automation are second to none. We've seen a significant improvement in our product listings' performance and discoverability ... Highly recommended!" #AmazonBrands #G2reviews