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Feedvisor is an algorithmic repricing and revenue intelligence solution for high-volume Amazon sellers.
Selling over $50,000 a month on Amazon
|Platforms||Web Based / SaaS|
|Amazon Sites||Amazon.ca, Amazon.co.uk, Amazon.com, Amazon.de, Amazon.fr|
Trial: 3 month proof-of-concept
Amazon repricing company Feedvisor has picked up a "Most Promising Startup" award from leading Israeli publication Globes and also Deloitte Israel's 2017 "Technology Fast 50 Winners Award".
Eyal Lanxner, Feedvisor co-founder and CTO, said, "It's a real honor to be included in the top 10 most promising and fastest growing Israeli startups by Globes and Deloitte. This recognition is a testament to our vision and continuous efforts to break through the eCommerce space with intelligent data and technology offerings. I'd like to take this opportunity to thank our investors, customers and of course, our employees for helping us reach this point."
Feedvisor has grown by 774% in the past four years, leading to the awards.
Amazon repricing software company Feedvisor has launched a new office in New York, which will serve as their new global headquarters.
In five years, Feedvisor has grown from a small startup to a global company, with offices in Tel Aviv, Seattle, and now New York. Feedvisor machine-learning algorithms are used by hundreds of top-selling businesses on Amazon.
In the last year, Feedvisor has raised $20 million of Series B funding, and now manages over $2 billion in gross merchandise value (GMV) on Amazon.
Many of Feedvisor's clients are located in New York or other East Coast cities, and the city has a robust retail and commerce ecosystem. The company's New York office has grown from three to 26 staff in nine months, including the CEO, VP Marketing, VP Sales, VP Business Development and Chief Customer Officer. They plan to double their headcount by the end of next year, on top of almost 100 people in Tel Aviv.
Amazon repricing company Feedvisor has released the latest version of their popular Buy Box Bible eBook.
The 2016 Buy Box Bible includes all the content of previous versions, including how the Buy Box works, every variable that determines Buy Box winners, how to work with the Buy Box to maximize sales and profits, and crucial differences between the regular Buy Box and the Mobile Buy Box.
It also adds the latest information on the Buy Box impact of Seller-Fulfilled Prime, pro hacks to win the Buy Box and new metrics introduced by Amazon. It can be downloaded here.
The Buy Box Bible is based on Feedvisor's extensive research into the Amazon marketplace, including hundreds of millions of price changes and sales, Buy Box wins and losses, and the performance and behavior of Amazon sellers of all sizes.
Amazon repricing software company Feedvisor has released a new solution for private label sellers.
The new repricing tool is the first of its kind for private label sellers, says Feedvisor. The solution uses machine-learning algorithms to model the demand for private label items based on hundreds of data-points, in order to identify the right price for the item according to the retailer's business goals.
Feedvisor CEO Victor Rosenman said, "We've witnessed an upward trend in private label selling in today's market, but most repricing solutions cannot address the unique challenges private label selling presents. With no competition for these items, many retailers struggle with pricing decisions, and guesswork is often their default baseline."
Private label sellers create unique products by adding their own branding to generic items. This means that there are normally no competing sellers offering exactly the same product on Amazon, but often many similar products with differing branding and sometimes minor design differences.
Feedvisor's new solution enables private label sellers to price their items without inputting any rules or identifying similar products. Instead, Feedvisor's algorithms calculate demand for the product based on historical sales and current market data, enabling accurate pricing that eliminates human bias. This enables private label retailers to increase profit margins, maintain a steady pace of sales, and make accurate purchasing and replenishment decisions.
Rosenman continued, "The private label repricing solution has been developed closely with Feedvisor's customers, and in its beta form has already produced incredible results. In the last two months, some customers have seen their private label sales jump by as high as 58 percent and their profit grow by 65 percent."
A recent Feedvisor and Web Retailer survey found that 17% of Amazon sellers only sell private label products.
Amazon marketplace repricing and analytics software company Feedvisor has received $5 million of new investment.
Feedvisor has closed a $5 million venture funding round led by Square Peg Capital. This latest investment follows the $6M Series A funding in August 2014 and brings Feedvisor's total raised capital to date to $13 million. The round also included participation from existing investors, JAL Ventures and Titanium Investments. The company will use this capital to continue accelerating growth and global business expansion, including opening offices in the US.
"For retailers to stay relevant in today's market, there is an urgent need to adopt a dynamic pricing strategy that reflects ongoing changes in market conditions and the competitive environment," said Victor Rosenman, CEO and Founder of Tel-Aviv based Feedvisor. "Consumers are far more sophisticated, prices more transparent, and online retailers simply cannot sit still and wait."
Feedvisor is used by hundreds of online retailers worldwide to manage over $1.5 billion in gross merchandise volume.
The CEO of repricing software company Feedvisor has been interviewed for an in-depth article on the Web Retailer blog.
In The Science of Pricing Feedvisor CEO Victor Rosenman talks about:
- Has background as an ecommerce consultant.
- Why algorithmic repricing is preferable to rules-based repricing.
- How Feedvisor calculates the best price to maximize profit.
- What's next for the company.
Source: Web Retailer Blog
Amazon marketplace repricing and analytics tool Feedvisor has unveiled a new brand and website design.
Feedvisor have defined a new concept they call "Algo-Commerce", and have a new tagline which is "The Algo-Commerce Company". Algo-Commerce, says Feedvisor, is the discipline of using big data and machine learning algorithms to make business-critical decisions for online retailers.
"With vast amount of transactions occurring in today's online marketplaces, e-commerce has solidly entered the Big Data age. However, access to Big Data alone is not sufficient." said Victor Rosenman, CEO and Founder of Tel-Aviv based Feedvisor. "Like a refinery that turns oil into fuel, our proprietary machine learning algorithms turn this Big Data into actionable insights and real-time pricing decisions that drive a retailer's business growth. That's what our new brand seeks to encapsulate."
In Algo-Commerce, hundreds of thousands of data-points are analysed in real-time, solving complex problems faster and more effectively than any human-based solution. Based on Feedvisor's extensive research, it combines mathematical and statistical models with predictive analytics to completely eliminate human error in business-critical decision-making.
"As human beings, we naturally carry a set of biases which impact our ability to make accurate pricing decisions," continued Rosenman. "Feedvisor's self-learning algorithms eliminate this bias, driving more effective and powerful results."
Last year Feedvisor's customer base grew 200%, and the company's software now manages over $1 billion in gross merchandise sales.
Amazon marketplace repricing tool Feedvisor has won an award from the Business Intelligence Group (BIG).
The 2015 BIG Innovation Award recognizes innovations in a variety of fields, with 16 companies awarded in total.
"The ability to dynamically change online pricing automatically is clearly an innovation worth of global recognition," said Russ Fordyce, managing director of the Business Intelligence Group. "Feedvisor's technology and platform is clearly a market leader in this space and continues to help online retailers with unique advantages to drive change and revenue in their own businesses. Congratulations to the entire team!"
Feedvisor's technology has won several prestigious industry awards, including the Red Herring Top 100 in 2014 and Frost and Sullivan's Technology Leadership Award 2014.
Amazon dynamic pricing solution Feedvisor has updated their recently launched Revenue Intelligence Dashboard with a new "Unrealized Profit" alert.
Feedvisor's monitoring identifies items that are winning the Amazon Buy Box, but could be winning it at a higher price without affecting sales volume. The "Unrealized Profit" alert highlights those items that could be sold for a higher price but are restricted by the ceiling price which the seller has set.
The Unrealized Profit alert exists alongside four other alerts, which highlight items that are not selling or selling too fast, for example. The Dashboard also enables sellers to see a high-level view of their key performance numbers such as sales and profitability.
Algorithmic Amazon repricing solution Feedvisor has won an award from business consultancy Frost & Sullivan for "Enabling Technology Leadership".
The award was based on Frost & Sullivan's research into the analytics-based repricing software market, which concluded that Feedvisor repricing platform offered key advantages ahead of competitors (who were not named in the report).
"Feedvisor employs self-learning algorithms that adapt to various business objectives, thereby completely eliminating the need to define pricing rules or change the rules periodically," said Frost & Sullivan Research Analyst Sathya Vendhan. "Furthermore, as it is not dependent on rule definitions, it can be evolved for use in accurate repricing of stock options when financial laws and rules change often."
Each year, Frost & Sullivan presents this Award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of newer products and applications.
FeedVisor also won a Red Herring award this year, in April.
Source: PR Newswire
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The Supplier Says
Ultimate Amazon Repricing Solution
The key differentiator of Feedvisor repricing software is its ability to determine pricing without requiring you to put together a set of repricing rules. Instead of demanding sellers to create repricing rules, intelligent computer algorithms learn each and every situation and take the necessary repricing action as if it was a real person. Everything is taken into account: FBA, FBA, shipping, ratings, reviews and many more. A must have solution for serious amazon sellers! Feedvisor, 13 October 2011