Company Market Research Report: Engage3

Company Overview

• Name: Engage3

• Mission of the Company: Help retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image.

• Founded by: Ken and Tim Ouimet

• Key People:

• Edris Bemanian (CEO)

• Tim Ouimet (Co-Founder)

• Anup Doshi, PhD (CTO)

• Headquarters:

• PO BOX 604, Citrus Heights, CA 95611, USA

• 9375 E. Shea Boulevard, Suite 100, Scottsdale, AZ 85260, USA

• One Canada Square, Canary Wharf, E14 5AB, United Kingdom

• 1850 W Ashton Blvd, STE 500, Lehi, UT 84043, USA

• BLVD Deshmoret e Kombit, Twin Tower, Tirana 1001, Albania

• Frederiksborggade 5, 1360 Copenhagen, Denmark

• Number of Employees: No information is available

• Revenue of the Company: Engage3 supports over $4 trillion in global retail revenue.

• Recognition: Featured in Inc. Magazine's List of Fastest Growing Companies for nine consecutive years.

• What is the Company Known For: Engage3 is known for its advanced pricing intelligence and optimization solutions, specifically the Price Image Management Suite, helping over 300 customers in 182 countries, including 8 of the world’s top 10 retailers.

Products

Price Image Management Suite

• Description: A comprehensive suite designed to optimize pricing, enhance competitive pricing insights, and drive revenue through improved Price Image management.

• Key Features:

• Price Image Optimization: Uses Nobel Prize-winning Efficient Frontier theory to manage shopper perception and enhance margins while fostering loyalty.

• Competitive Intelligence: Offers the industry’s most complete view of competitive pricing, leveraging in-store audits, web scraping, and POS data.

• Lighthouse - Product Linking: Links a retailer’s exclusive products to competitive items to provide better context and competitive positioning.

Digital Commerce Intelligence

• Description: Provides the most complete, accurate, and timely competitive data for digital commerce.

• Key Features: Advanced AI-enabled web crawls and self-serve data collection for enhanced visibility and strategic insights.

Self-serve Data Collection

• Description: Enables businesses to control data collection through DIY in-store and online audits.

Recent Developments

• Recognitions:

• Embraced in the Inc. Magazine’s List of Fastest Growing Companies for the 9th Straight Year.

• Secure patent for Personalized Pricing AI Commerce System.

• Product Innovations:

• Expansion of the Price Image Management Suite.

• Enhancements to Omnichannel Intelligence Module announced in February, trusted by the world’s largest brands.

• Deployment of enhanced promotional targeting capabilities for more effective mass-market and personalized offers.

• Partnerships:

• Collaboration with Qsic and SetSight to deliver competitive pricing and assortment insights.

• Strategic alliances with top global retailers and brand technology companies for integrated pricing solutions.

• Client Success:

• Expanded Competitive Visibility for major partners like Allegiance Retail Services by 60% using AI-assisted solutions.

• Transformed pricing strategies for clients like Vitacost by leveraging AI-driven pricing insights and optimization strategies.

Corporate Locations

• USA Corporate Locations:

• Citrus Heights, CA

• Scottsdale, AZ

• Lehi, UT

• Global Offices:

• Canary Wharf, London, UK

• Tirana, Albania

• Copenhagen, Denmark