Movers & Shakers: ChannelAdvisor
E-commerce platform provider ChannelAdvisor, a software provider that helps retailers manage sales (through product catalog feed distribution) within channels such as marketplaces, paid search and comparison shopping engines, is on the move.
The company brought on 320 new customers in the past quarter alone including top retailers like Motorola, Deckers Europe, Misco and Cloggs. This brings ChannelAdvisor’s client roster to more than 3,000 retailers globally. Other retail brands utilizing the service include Nike, Wal-Mart, Dell, Victoria’s Secret, Under Armour, Staples, Crocs, Bed, Bath & Beyond, Jos. A. Bank, Urban Outfitters and more.
“We’ve come into 2011 with our foot on the accelerator,” said ChannelAdvisor President and Chief Operating Officer David Spitz. “This quarter was our largest first quarter ever and marks our fastest growth in more than two and a half years, and we’re forecasting continued acceleration in growth for the rest of 2011. Our business continues to grow at such an impressive rate because we’re incredibly well-positioned within a global market that is projected to grow to $1 trillion by 2014.”
Recent WM Coverage of ChannelAdvisor: