Ecommerce personalization vendor Bluecore just took a $35 million Series C funding, bringing its total to $63 million. Bluecore assembles unified customer profiles and generates targeted messages in real time. It’s not a Customer Data Platform because (so far as we know) they don’t also expose that data for use by other systems. The company had more than 400 clients.
We all know that retailers face massive change, but sometimes don’t recognize how aggressively many are responding. This study from BRP Consulting found that 51% now offer same day delivery, up from just 16% a year ago. About one-quarter have other advanced capabilities such as promotions based on real time events and identifying customers within the store. Lots of other interesting information.
And there’s more. Mobile marketing solution provider yellowHEAD reports a 27% increase in return on ad spending from its new machine learning-based product, which identifies campaign opportunities and predicts performance. YellowHEAD looks at the lifetime value generated by its campaigns, not just initial response rates and costs. As it should.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.