Bazaarvoice
Financials
Estimates*
EUR | 2015 | 2016 | 2017 |
---|---|---|---|
R&D budget | 46.0m | 39.0m | 34.0m |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$4.0m | Series A | ||
$8.8m | Series B | ||
$7.1m | Series C | ||
N/A | N/A | IPO | |
N/A | $104m | Post IPO Equity | |
N/A | $6.7m | Post IPO Equity | |
N/A | Acquisition | ||
N/A | Growth Equity VC | ||
Total Funding | $19.9m |
Recent News about Bazaarvoice
EditBazaarvoice, a dynamic player in the digital marketing and eCommerce space, specializes in leveraging user-generated content to enhance consumer experiences and drive sales. The company primarily serves retailers and brands, helping them connect with consumers through authentic customer reviews, ratings, and visual content. Operating in the global eCommerce market, Bazaarvoice's services are designed to bridge the gap between online browsing and purchasing, making it easier for consumers to make informed buying decisions.
Bazaarvoice's business model revolves around providing a suite of tools and services that enable clients to collect, manage, and distribute customer-generated content. This includes authentic reviews, ratings, photos, and videos. By integrating with eCommerce platforms and customer relationship management (CRM) systems, Bazaarvoice ensures that this content is seamlessly incorporated into clients' online stores and marketing strategies.
The company makes money through a subscription-based model, where clients pay for access to its platform and services. This includes tools for collecting and publishing reviews, creating product catalogs, and generating shoppable content from social media. Additionally, Bazaarvoice offers product sampling programs that help brands gather initial reviews for new products, further driving consumer trust and engagement.
Bazaarvoice stands out by offering a powerful content engine that not only collects high-quality reviews but also distributes them across a vast retail network. This amplifies the reach of client content, ensuring it influences more potential buyers. The company's strategic partnerships and integrations with social media platforms like Instagram enable clients to turn visual content into actionable purchase points, catering to the modern consumer's expectation to shop anywhere online.
In summary, Bazaarvoice empowers brands and retailers to harness the power of customer opinions and visual content to inspire confidence and drive sales.
Keywords: user-generated content, eCommerce, customer reviews, ratings, visual content, product sampling, social media integration, digital marketing, consumer engagement, retail network.