Algopix has product-market fit in marketplaces, but not yet CPG
Ori Greenberg · AlgoPix Hits $2.4m Revenue Helping CPG Brands Monitor Competitors Pricing · Dec 18, 2020 · at 10:43
Algopix CEO Ori Greenberg explains why he has not yet handed off the sales playbook to hired sales reps.
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“We have a good product market fit in the marketplace segment, but we still need to finalize, kind of make sure we have a good product market fit on the brand and CPG space.”
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More from Ori Greenberg
Greenberg: Algopix is the only provider of multi-marketplace transactional market share data
“We're actually the only ones who provide market share insights into sales that occur on amazon.com as well as Walmart, eBay, Google Shopping, etc. There are other players that do only one of these platforms, usually it's Amazon, and they're basing their data o…”
Greenberg: Over 70,000 sellers share data with Algopix for free tools
“So we support more than 70,000 brands and online sellers that share data with us in return for using free e-commerce tools.”
Greenberg: Algopix sees zero churn among enterprise customers
“Oh, we don't see any churn at all. For the enterprise customers, which is the focus, I mean, they continue building features and capabilities over our engine, so I'm not concerned about churn.”
Greenberg: Google Shopping, Facebook Marketplace, and Walmart are Algopix customers
“So it would be the CPG brands as well as the marketplaces themselves. We have customers like Google shopping, Facebook's marketplace, Walmart. So both.”