ChannelAdvisor Corporation, together with its subsidiaries, provides software-as-a-service (SaaS) solutions in the United States and internationally. The company's SaaS is a cloud platform that helps brands and retailers to improve their online performance by expanding sales channels, connecting with consumers, optimizing their operations for peak performance, and providing actionable analytics to improve competitiveness. Its suite of solutions includes various platform modules, including Marketplaces module that connects customers to third-party marketplaces; First-party Dropship module, which allows brands and distributors to manage purchase orders, shipment notifications, stock quantities, and invoices for multiple retail dropship partners; Digital Marketing module that connects customers to compare shopping websites that allow customers to advertise products on search engines; Shoppable Media module that allows brands to provide web visitors or digital campaign audiences with path to purchase using dynamic links to the product pages or carts of retailers with the products in-stock; and Brand Analytics module, which helps brands for e-commerce channels with actionable insights into how products are performing across thousands of retailer websites and marketplaces. Its customers include online businesses of brands and retailers, as well as advertising agencies that use its solutions on behalf of their clients. ChannelAdvisor Corporation was incorporated in 2001 and is headquartered in Morrisville, North Carolina.
IPO Year: 2013
Exchange: NYSE
Website: channeladvisor.com
Date | Price Target | Rating | Analyst |
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9/20/2021 | $31.00 → $35.00 | Buy | Needham |