Similarweb Adds Walmart, Target, Best Buy and Chewy Consumer Insights to its Shopper Intelligence Solution
November 23 2021 - 8:00AM
Business Wire
Launched in July with Amazon insights, the platform now covers
four additional U.S.-based online retail giants
Similarweb (NYSE: SMWB), the digital intelligence company, today
announced the expansion of its retail coverage through Similarweb
Shopper Intelligence to include sales and market-share insights for
Walmart, Target, Best Buy and Chewy, in addition to Amazon, which
became available in July. Available in the U.S. through Beta
launch, Similarweb Shopper Intelligence now provides detailed
insights into approximately 78% of all sales volume from the top
ten online stores in the U.S. *
Now, powerful insight into consumer browsing and purchasing
behavior across all five distinct retail leaders is available in
one single solution. The expanded Shopper Intelligence offering
helps to combat a lack of visibility into category, brand and
product-level performance across the most popular retailers and
marketplaces.
“When it comes to digital point of sale and consumer behavior,
we believe we are well on our way to becoming the standard through
this Beta launch,” says Benjamin Seror, Chief Product Officer at
Similarweb. “We are very excited for the opportunity to work with
the largest CPG companies on a unique offering that is better than
anything else available in the market.”
In the intensely competitive ecommerce landscape, digital
intelligence is paramount to understanding potential risks and
opportunities. Consumer brands have long suffered from a lack of
visibility into competitive performance on the largest
marketplaces, making it difficult to optimize their customer
experience and drive sales.
Seror adds: “Traditional Digital Shelf and Market Research
companies have struggled for years to provide sales and
market-share data for retailers other than Amazon, whereas in just
six months we’ve made significant strides in this area. The release
of insights for Walmart, Target, Best Buy and Chewy within Shopper
Intelligence highlights our ability to innovate at a rapid pace to
meet customer needs.”
*Statista - Top online stores in the United States in 2020, by
e-commerce net sales
About Similarweb:
As a trusted platform for understanding online behavior,
millions of people rely on Similarweb insights to strengthen their
knowledge of the digital world. We empower anyone — from the
curious individual to the enterprise business leader — to make
smarter decisions by understanding why things happen across the
digital ecosystem. Learn more here:
https://www.similarweb.com/corp/about/
All data, reports and related materials (“Materials”) provided
or made available by Similarweb Ltd. or any of its affiliates
(collectively, "Similarweb"), are intended for informational
purposes only. The Materials are based on data obtained from third
parties, including estimations and extrapolations based on such
data, and are not intended to be predictive of the movement of the
market prices of the securities of the company(ies) referred to
therein. Under no circumstances are the Materials to be considered
or relied upon in any manner as legal, tax or investment advice.
Similarweb shall not be responsible for the accuracy of the
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This Press release may contain certain "forward-looking
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Actual results may differ materially from those described in such
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control, including those described in our Securities and Exchange
Commission filings and reports including the final prospectus for
our initial public offering filed with the Securities and Exchange
Commission on May 11, 2021, as well as future filings and reports
by us. Except as required by law, we undertake no duty to update
any forward-looking statements contained in this release as a
result of new information, future events, changes in expectations
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20211123005460/en/
Press: Maayan Weiss Similarweb press@similarweb.com
Investors: Alex Wellins The Blueshirt Group, for
Similarweb ir@similarweb.com
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