ChannelAdvisor Strengths, Domain Expertise, and Key Differentiators
ChannelAdvisor is an e-commerce cloud platform whose mission is to connect and optimize the world’s commerce. For over two decades, ChannelAdvisor has helped brands and retailers worldwide improve their online performance by expanding sales channels, connecting with consumers around the world, optimizing their operations for peak performance and providing actionable analytics to improve competitiveness. Thousands of customers depend on ChannelAdvisor to securely power their sales and optimize fulfilment on channels such as Amazon, eBay, Facebook, Google, Walmart, and hundreds more.
ChannelAdvisor Recent Developments
In October 2021, ChannelAdvisor has released ChannelAdvisor Commerce Network, an in-platform experience designed specifically for brands and retailers searching for preferred selling channels for their products. This centralized network enables online channels — including marketplaces, websites, and retail channels— to easily scout, engage, and grow with select brands and retailers looking to diversify in the highly competitive e-commerce landscape. Available to all ChannelAdvisor sellers and partner channels on October 12, ChannelAdvisor Commerce Network can help brands and retailers identify new selling channels, amplify their brand presence, and expand their global footprint.
ChannelAdvisor Mergers and Acquisitions (M&A) Activities
In 2020, ChannelAdvisor Corporation acquired BlueBoard, a leading e-commerce analytics company. By acquiring BlueBoard, ChannelAdvisor continues to enhance its capabilities for brands seeking to accelerate e-commerce growth.
In May 2017, ChannelAdvisor acquired all of the issued and outstanding shares of HubLogix Commerce Corp. and renamed to ChannelAdvisor Fulfillment, Inc. With this acquisition, ChannelAdvisor plans to further enhance its fulfillment network offering and capabilities.
ChannelAdvisor Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ChannelAdvisor applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ChannelAdvisor and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ChannelAdvisor, customers.
ChannelAdvisor Overview
Ownership: - ECOM:NYSE
Number of Employees: 846
Functional Markets: eCommerce,
Key Verticals: Automotive, Consumer Packaged Goods, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Retail, Transportation,
ChannelAdvisor Key Enterprise and Cloud Applications
ChannelAdvisor,
ChannelAdvisor Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ChannelAdvisor Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
ChannelAdvisor Enterprise Applications Revenues By Functional Markets, $M:
ChannelAdvisor Enterprise Applications Revenues By Verticals, $M:
ChannelAdvisor Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
ChannelAdvisor Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ChannelAdvisor Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ChannelAdvisor Customers
No. of ChannelAdvisor Customers: 3000
No. of ChannelAdvisor Enterprise Applications Customers: 3000
No. of ChannelAdvisor Cloud Customers: x
No. of ChannelAdvisor Cloud Subscribers: x
ChannelAdvisor has 3000+ worldwide customers, including retail and branded manufacturer customers across many consumer product categories. Among their customers are Birchbox, Diageo, Indochino Apparel, Inc., Johnson & Johnson, LuckyVitamin, Maclaren Services, Milestone AV Technologies, PFSweb, Dune Group Limited, HARMAN, JML, Lids Sports Group, Otter Products, LLC, Panasonic Consumer Electrics Company, SHOP.COM powered by Market America and The British Museum Company, Ann Taylor, eBags.com, Alex& Ani, BlueStem Brands, Quiksilver, TireBuyer.com and WMF Americas Group, Inc. as well as manufacturers such as Dell, Dooney and Bourke, Lenovo, Sony and Under Armour.
ChannelAdvisor Market Opportunities, M&A and Geo Expansions
In October 2021, ChannelAdvisor Adds Solutions to Use with Amazon Local Selling, Helping Sellers Grow Their Businesses. Amazon is among more than 200 selling channels integrated with ChannelAdvisor's robust platform, enabling brands and retailers to reach consumers worldwide. ChannelAdvisor's platform includes powerful automation capabilities that offer brands and retailers a competitive edge, helping streamline operations, improve inventory and order management, and boost product visibility across marketplaces, search engines, retail and social sites.
In November 2018, ChannelAdvisor made a data sharing agreement with NPD Group, a market information company that provides data, industry expertise, and prescriptive analytics for more than 20 industries. NPD will share stock status data with ChannelAdvisor to help enhance Buy Local capabilities for manufacturers. Buy has selected ChannelAdvisor as a strategic partner to expand Best Buy’s Marketplace. ChannelAdvisor had an addition of Alibaba Group’s Tmall Global solution to the ChannelAdvisor platform. ChannelAdvisor Corporation integrated its digital marketing platform with Yahoo Gemini, Yahoo’s unified marketplace for mobile search and native advertising.
In October 2018, DHL eCommerce, a division of the world’s leading logistics company Deutsche Post DHL Group (DPDHL), started a strategic alliance with ChannelAdvisor, a leading provider of cloud-based e-commerce solutions. Through the partnership, brands and retailers can easily expand internationally by reaching foreign markets and delivering to customers around the world, with a seamless connection to DHL e-commerce fulfillment and shipping.
In August 2018, ChannelAdvisor made an expanded strategic alliance with Google to support its new program, Shopping Actions.
ChannelAdvisor Risks and Challenges
The channels in which their solutions are integrated have no obligation to do business with Channel Advisor and can stop at any time. The clients can at any time terminate their relationships with Channel Advisors which could significantly reduce their revenue.
ChannelAdvisor incurred net losses of $16.6 million and $8.0 million during the years ended December 31, 2017, and 2016, respectively, and had an accumulated deficit of $180.1 million as of December 31, 2017. It is possible that ChannelAdvisor operating expenses will increase in the foreseeable future as they invest in increased sales and marketing and research and development efforts. To achieve profitability, ChannelAdvisor will need to either increase their revenue sufficiently to offset increasing expenses or reduce the insurance levels. ChannelAdvisor recent revenue growth may not be sustainable, and if they are forced to reduce expenses, growth strategy could be compromised. If ChannelAdvisor is not able to achieve and maintain profitability, the value of the company and its common stock could decline significantly.
ChannelAdvisor Ecosystem, Partners, Resellers and SI
In October 2021, ChannelAdvisor Corporation e-commerce solutions that enable brands and retailers to increase global sales has integrated with Click Central, Australia's newest curated online shopping marketplace. Merchants looking to expand their digital footprint in Australia can manage inventory, process orders, list products, launch and track advertising campaigns, and more from ChannelAdvisor's centralised platform.
ChannelAdvisor Corporation partnered with ShipStation to bring to market ChannelAdvisor Starter Edition, a new, simplified version of its e-commerce platform. ShipStation, a world leading web-based e-commerce shipping solution, will be the first go-to-market partner, positioning ChannelAdvisor to extend channel management solutions to a new market segment.
In January 2019 ChannelAdvisor has partnered with Motoroso, an interactive platform that connects automotive and powersports enthusiasts with products and social-rich content. ChannelAdvisor is the first third-party integrator to collaborate with Motoroso, allowing brands and retailers to compete in a major business vertical. Through a seamlessly integrated experience, both companies are poised to empower brands and retailers to capture more consumer demand with visually-stimulating and informative content such as “how-to” videos, featured projects, and customized product listings that showcase a broad spectrum of items from powersports parts to automotive lifestyle apparel. Motoroso is a niche channel with more than a thousand brands available for purchase. For more than a decade, ChannelAdvisor has been a trusted e-commerce solution to many automotive and powersports retailers. The integration between ChannelAdvisor and Motoroso will give brands and retailers access to an elevated e-commerce experience. ChannelAdvisor sells subscriptions to its SaaS solutions primarily through its direct sales force. Its system integrators partners include Ecomitize, Kevy, and Odin Technologies.
In 2017 ChannelAdvisor expanded their research and development capabilities with new talent through organic growth, acquisition and expanding operations overseas with the opening of a new research and development facility in Madrid, Spain. In November 2018, ChannelAdvisor and Interpark made a new strategic partnership to accelerate e-commerce sales in South Korea.
ChannelAdvisor Cloud Infrastructure Insights
Subscribe to read more about:
- ChannelAdvisor Public Cloud and Infrastructure (IaaS)
- ChannelAdvisor Platform (PaaS)
- ChannelAdvisor Application Delivery
- ChannelAdvisor Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
Copyright © 2023, APPS RUN THE WORLD