What is Bazaarvoice? Bazaarvoice Review

What is Bazaarvoice? Bazaarvoice Review
Bazaarvoice was founded in 2005 and is headquartered in Austin, Texas. It has offices in North America, Europe , Asia and Australia . It mainly provides product review platforms and social business platform support and solutions for major brands and retailers, helping brands and retailers collect and analyze user reviews and output content to better understand consumer needs and guide consumer shopping.

Basic Introduction

Bazaarvoice provides support services for the user review platforms and social e-commerce functions of many well-known brand websites such as Best Buy, California Blue Shield, Costco, and Procter & Gamble through the SaaS (Software as a Service) model. As an online review sorting engine, Bazaarvoice can integrate user reviews from the Internet, Facebook, Twitter and other social platforms. Bazaarvoice can also synchronize retailers' product reviews to the shopping comparison engine. So far, Bazaarvoice has received $20 million in investment from venture capital firms such as Battery Ventures and First Round Capital.

status quo

Bazaarvoice currently has partnerships with more than 6,200 brands and retailers around the world, and more than 1 billion consumers create, view and share content on Bazaarvoice's digital platform network every month, such as commenting on products, asking questions, and sharing photos.

Development History

In the three fiscal years of 2009, 2010 and 2011, Bazaarvoice's revenue was US$22.5 million, US$38.6 million and US$64.5 million respectively, and its revenue from foreign countries accounted for 15.8%, 25.2% and 24.9% respectively.

In August 2011, Bazaarvoice, an American user review and social commerce platform, submitted an S-1 document to the U.S. Securities and Exchange Commission (SEC) on Friday, planning to raise up to US$86 million in its IPO (initial public offering).

In August 2019, it acquired the product review platform Influenster.

July 2020, "Turning pictures into stores", Bazaarvoice acquires digital sales software developer Curalate

References

  • 1. Review website Bazaarvoice plans to raise $86 million through IPO: NetEase Technology [cited on 2011-08-20T16:00:00.000Z]

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