W

wickfire

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Company Domain www.wickfire.com link_icon
lightning_bolt Market Research

Overview


Wickfire is a prominent digital marketing company headquartered in Austin, Texas, specializing in search marketing and working on a pay-for-performance model to enhance online visibility and sales. By leveraging technology and data-driven strategies, Wickfire impacts significant consumer decisions in e-commerce, contributing to over $1 billion in client sales.

Digital Platforms


  • BuyersGuide.org: Assisting 6 million consumers monthly in product evaluations and purchase research.

  • TheCoupon.co: Offers deals and coupon codes, attracting over 500,000 unique visitors each month.


Leadership Team


  • Chet Hall: CEO and Co-founder, previously VP of Product Development at ReachLocal, with a B.A. in Communication from USC.

  • Jon Brown: CTO and Co-founder, former Director of Automation Technology at ReachLocal, holding a B.S. in Computer Science from UMass Amherst and a Master’s in Language Technologies from Carnegie Mellon.

  • Katy Hall: COO, focuses on sustainable growth, a Princeton alumnus with a J.D. cum laude from NYU School of Law.

  • Cheney Wakeman: VP of Operations, specializes in managing SEM campaign performance, with a B.A. in Mathematics from the University of Texas.

  • Jose Olaguez: Senior Manager Business Development.


Achievements


  • Recognized as one of the most innovative digital marketing companies in Texas.

  • Finalist positions for performance marketing technology, automation or AI, and data use across multiple years.

  • Katy Hall was a finalist for Microsoft Advertising's 2022 Trailblazer of the Year.


Business Model


Wickfire combines affiliate marketing with search engine marketing (SEM), enhancing reach and conversion across platforms like Google, Yahoo, and Bing.

Operational Insights


  • Headquarters: Austin, Texas

  • Employee Range: 11-50 employees, recent 5% reduction

  • Promotes remote working through collaborative technologies


Financial Information


Wickfire operates with an estimated annual revenue of $3.5 million, which equates to approximately $175,000 per employee. Despite a vast client base and visitor reach, the company remains self-funded and privately held.

Notable Mentions


Named by CJ as a top publisher in Q4, reinforcing its influence in affiliate marketing. They continue to innovate in digital strategies to remain competitive.

Competitive Landscape


Wickfire competes within a dynamic digital advertising ecosystem. Key competitors include:

1. S4M: Revenue: $69.3M, Employees: 252
2. Lin Digital: Revenue: $16.7M, Employees: 74
3. AdRoll by NextRoll: Recognized as significant players in digital advertising.
4. TARGETLEADS: Revenue: $2M, despite being smaller-scale, deemed competitive.

Wickfire's competitive stance aligns around maximizing conversion potential through strategic digital marketing, positioning itself firmly against larger and similar scale companies in affiliate marketing and SEM.

Recent Developments and Legal Matters


Wickfire faced legal challenges, including a notable case at the Fifth Circuit Court of Appeals. Despite losses, the company sustains a strong digital marketplace presence.

Strategic Insights


Potential engagements with Wickfire should consider its performance marketing focus, digital footprint, leadership expertise, and competitive pricing model. The recently faced legal challenges and workforce reduction could influence current and future operational strategies, providing a landscape for potential strategic positioning or collaboration in digital marketing dynamics.
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