AdAdapted Company Research Report
Company Overview
- Name: AdAdapted
- Mission of the Company: No information is available.
- Founded: 2012 by Molly McFarland and Michael Pedersen.
- Key People:
- Julia Miller, Group Vice President, Commerce Media
- Abby Thiets, Shopper Marketing Manager
- Henry Cook, Associate Director
- Christina De Vecchis, VP Marketing
- Ethan Goodman, SVP, Commerce Media and Innovation
- Anna Baker, Senior Digital Media Buyer
- Simon Gilbert, Sr Dir. Channel & Customer Marketing
- Headquarters: 206 East Huron Street, Suite #101, Ann Arbor, MI 48104
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: AdAdapted is known for being the leading add-to-list and add-to-cart advertising solution for CPG brands and retailers, utilizing proprietary zero-bounce Add-It™ technology to drive sales by inserting products directly onto digital shopping lists.
Products
Main Offering:
AdAdapted's primary product is their mobile advertising solution that targets Consumer Packaged Goods (CPG) brands, retailers, and their agencies.
- High-level Description: AdAdapted leverages exclusive first-party data and patented technology to influence shoppers' purchasing decisions by integrating its ads directly into digital shopping lists and carts.
- Key Features:
- Exclusive Audience: Access to a proprietary network of active and verified shoppers.
- Zero-Bounce Add-It™ Solutions: Facilitates true one-click advertising solutions driving eCommerce and in-store sales.
- Expertise in CPG: Specialized knowledge in various categories including food, beauty, and alcohol beverages.
- Engagement Tools: Video ads and shoppable media experience that increase awareness and sales in a single click.
Recent Developments
- New Products Launched: No specific new product launch information available.
- New Features:
- Enhanced shoppable video capabilities with 6.5x longer view times as claimed over traditional social videos.
- The expansion of product offerings to drive sales through digital list applications.
- Partnerships and Collaborations:
- Strategic partnership continuation with the National Frozen & Refrigerated Foods Association through 2025.
- Partnership with Gopuff highlighted in Adweek and Progressive Grocer.
- Strategic alliance with The Mars Agency, offering enhanced data and reporting capabilities.
- Awards:
- MarTech Breakthrough Award for Mobile Marketing Innovation in 2023.
- Featured in Store Brands and Store Producers articles for strategic expertise and technology.
Noteworthy Trends:
- Digital Shopping Lists: A growing trend; about 49.6% of consumers now regularly rely on digital lists to plan their grocery purchases.
- Mobile Utilization: Over 60% of shoppers use their phones to manage grocery lists while shopping, providing brands with direct engagement opportunities at the point of purchase.
- Pre-Shop Influence: Targeting consumers' pre-shop behavior to enhance brand loyalty and guide purchase decisions beyond traditional discount-focused strategies.
Recent Articles and News:
- Various articles and strategic insights highlighting the importance of targeting Millennial shoppers, the growth of digital shopping lists, and trends in CPG advertising.
- Thought leadership pieces discussing the impact of pre-shop strategies on consumer behavior and brand success.
For additional insights and to explore collaborations, contact AdAdapted at info@adadapted.com or +1 (313)-744-3383.