What is Teikametrics? Teikametrics Review

Founder Introduction

In 2001, Alasdair founded an e-commerce company in his dorm room, which grew into a multi-million dollar high-end sporting goods company that became one of Amazon’s first third-party retailers in the sporting goods category in 2003.

He also founded Traineo, a weight loss and fitness company, and built and delivered e-commerce solutions for large organizations including Newscorp, The Times of London, L'Oréal and the New York City Marathon.

Alasdair received his Bachelor of Arts in Economics from Harvard University, where he was captain of the track and field team and a member of the Great Britain and England national track and field teams.

Function

1. It can help you monitor your competitors’ prices 24 hours a day. For example, you can set a price that is $0.01 lower than your competitors to keep your prices competitive at all times. If your competitors are out of stock, these tools will automatically raise prices to maximize your profits.

2. Teikametrics allows sellers to combine transaction data, inventory data, pricing data and other information through its "retail optimization platform" Flywheel. Therefore, when sellers view the results of advertising campaigns, they can see the gross margin and profit after advertising expenses.

cost

TeikaMetrics offers 30 days of free use, but monthly subscriptions are very expensive (ranging from $150 to $4000+ per month)

Financing

In October 2018, TeikaMetrics announced that it had raised $10 million in Series A funding led by Granite Point Capital, Jump Capital, and FJ Lab.

References

• 1. Teikametrics received $10 million in Series A funding to help third-party merchants cope with Amazon’s advertising war: Lieyun.com [cited on 2018-10-27]