Two international retail brands extend their Invigor contracts
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Two leading consumer electronics brands have re-signed with Invigor Group Limited (ASX:IVO).
The brands have signed a one year extension to existing contracts, highlighting the value proposition Invigor offers to both retailers and customers.
The contracts will see Invigor provide retail pricing intelligence.
Upon extending the major brand contracts, Invigor Chairman and CEO Mr Gary Cohen said, “It is very encouraging that major international brands continue to re-sign with us, further validating the value proposition that Insights Retail provides for brands and retailers across the Australian retail industry.”
There is further growth in the sales pipeline for Insights Retail, which is continuing its steady progress with major retailers.
Invigor’s Insights Retail platform is a competitive market intelligence platform across a range of product verticals for retailers and brands. The software used via the platform collects real-time data across online and offline prices, freight, consumer demand and marketing activity.
The Insights Retail platform analyses the data and offers clear next actions to clients to maximise revenue and margin.
The Insights Retail platform is a major part of Invigor’s complementary suite of big data products that aggregate, analyse and publish content for the benefit of businesses and consumers.
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