We know you're manually checking your competitors’ sites to keep up with their promotions—there’s a better way! 👀 With Grips’ newest feature, you can now see which coupons your competitors are offering — saving you hours of time spent browsing their websites! No more manual tracking or guessing. And when you pair this with our daily sales analysis, you’ll instantly see the impact these promotions are having on their sales. Stop checking. Start strategizing. #ecommerce #competitorinsights #newfeature #ecommercestrategy #promotions
Grips Intelligence
Software Development
New York, NY 1,459 followers
Empowering Retailers and Brands with Competitive Intelligence for Tangible Growth.
About us
Grips empowers retailers and brands to transform competitive intelligence, SKU level insights, and market trends into tangible growth opportunities. By leveraging Grips, businesses can drive higher revenues through identifying untapped market share, discovering new categories, brands, and product opportunities, and unveiling competitor strategies and performance. With daily data and extensive coverage spanning over 65,000 domains, millions of SKUs, and more than 65,000 brands, Grips provides unparalleled insights that help you uncover blind spots in competitor performance and stay ahead in a competitive market. Unlock your growth potential with Grips – your partner in strategic market intelligence.
- Website
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https://gripsintelligence.com/
External link for Grips Intelligence
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Market Intelligence, Competitor Intelligence, Benchmarking, Ecommerce, SAAS, and Retail Analytics
Locations
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Primary
Get directions
1 Pennsylvania Plaza
New York, NY 10001, US
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Brückenstraße 6
Berlin, Berlin 10179, DE
Employees at Grips Intelligence
Updates
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Tired of guessing how your competitors' promotions performed. Grips delivers real-time feedback alerting you of critical changes in your competitors' daily sales giving you the ability to take action to defend your market share.
It's been a minute since I've shared some insights, but here are five retailers who have caught my eye in the past week: Funko.com: Is Canada to blame for a spike in online Funko sales? On September 23rd, Funko announced it would start shipping online orders to fans north of the border. The next day, sales were the highest they’ve been since July 25th when the company released their San Diego Comic Con bundle. While Funko.com sales were trending up prior to the Canada announcement driven by the launch of Funko Fusion and the FUNniversary sale, all major promos had ended by the 23rd leaving pent up Canadian demand as the most likely culprit. Stanley1913.com: Stanley's recent colab with Barbie has driven a significant increase in online sales, fueled by daily product drops from September 16-20. The Barbie-themed releases boosted sales by 77% compared to the previous four-week average, generating an impressive $3.3 million in total revenue on Stanley1913.com. The momentum continued with the launch of Stanley's Fall Refresh collection on September 24, featuring a "rich neutral" color palette driving sales up 88% above average. FentyBeauty.com: Fenty’s recent “Fam Sale” was a major success, driving record-breaking sales from September 18-24. The seven-day promotional event kicked off with an exclusive 30% discount for insiders on the 18th, followed by a 25% discount for all shoppers from the 19th through the 24th. During the sale, Fentybeauty.com generated an impressive $2.8 million in revenue, marking a 130% increase over the previous four-week average and setting a record for the brand's best week since Black Friday/Cyber Monday. Gymboree.com: Gymboree's Friends & Family sale, which kicked off on September 18th and runs until Sunday, September 29th, has been a strong performer for the children's brand. Offering 50% off "almost everything," the sale saw an immediate 54% increase in sales on launch day compared to the previous four-week average. Sales have remained consistently strong, with the first full week showing a 45% lift in revenue. Even in the final days of the promotion, Gymboree’s sales continue to trigger Grips anomaly alert. SweatyBetty.com: Sweaty Beauty’s recent sale, which launched on September 16th with discounts of up to 60% off, saw an impressive spike in sales. From the 16th to the 22nd, sales surged to $3 million, representing a 155% increase compared to the previous four-week average. Just as the momentum from the initial discount began to wane, Sweaty Beauty increased the offer to 70% off on September 23rd, which immediately reignited interest. Sales on Monday the 23rd jumped 19% higher than those on the previous Monday, when the 60% promotion began. Let me know if there are retailers you'd like me to look into in next week's summary.
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Tupperware, blamed for lacking a digital-first strategy, posts best single day of online sales after filing for bankruptcy. Ironic? Specifically, sales on September 18th, surpassed Cyber Monday sales by 60% and combined sales on the 18th and 19th were fully 3 times higher than they were during the previous four weeks. Grips helps clients navigate their digital transformation by giving them reliable intel into what is achievable based on industry benchmarks and identifying top performers and North Star brands. Meet with a member of our team today to improve your performance before it's too late. https://lnkd.in/eNR4X3uc
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The Pro Max model was by far the top device driving mobile accessories sales in the days after the iPhone 16 launch. Check out some of the top-selling SKUs below. Get in touch with Grips to learn how you can get insights into your competitor's e-commerce performance, including their best sellers. https://lnkd.in/eAkzdv-K
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🚨 The iPhone 16 launch triggered a wave of revenue across e-commerce! 🚨 While Apple saw a massive boost in sales, third-party mobile accessory sites and refurbished electronics platforms also enjoyed significant increases. Grips clients were alerted to unexpected spikes in revenue for at least 19 mobile accessory sites and a half dozen refurb platforms last week. Apple's halo extended over brands like: 🦦 OtterBox sales exceed expectations by 137% 🧲 MagBak - 1Lss, Inc saw sales jump nearly 4X *️⃣ SpekCase generated more than 3X more in revenue than expected Learn which other companies road Apple's coattails to the bank 👇 https://lnkd.in/eVqCefNe
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We're at eCommerce Expo today! Visit us at Booth H80 to chat with Daniel Suchi and Bushra Raja about how your competitors are performing and which strategies are driving their revenue. Get a comprehensive view of your market and walk away with actionable insights to boost your revenue. Prefer to schedule a meeting in advance? Pre-book your time here! https://lnkd.in/exi5ybgD #ecommerceexpo #london #ecommerce #competitoranalysis
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Amazon just announced Big Deal Days for October 8-9. Make sure your plans take into account learnings from Prime Day, the best indicator of what’s to come during other major events, including Black Friday and Cyber Monday. Grips reviewed the sales performance of hundreds of categories, thousands of brands and millions of products during Prime Day and summarized it in our our free Prime Day Insights report. This report provides real, actionable data that you can use to optimize your plans, including: 🚀 Top categories and subcategories and fast-movers 🏆 The brands that dominated each category 🛒 The top-selling products by category Don’t close your eyes to potentially critical intel—download the report now and maximize your success with data-backed insights! https://lnkd.in/eZpYiq4G
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We'll be at eCommerce Expo London on September 18-19! 🎉 Our team, including Daniel Suchi and Bushra Raja from Grips, will be there to provide valuable insights on how you can benchmark your performance against your competitors and identify opportunities to drive growth. Make sure to drop by booth H80 to connect, share ideas, and explore how you can stay ahead of your competitors. See you there! 👋
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This week's newsletter features: 🔥 Fast-movers, including Converse, Peloton, DJI and more... 📘 New report leveraging Prime Day insights to inform your Black Friday plans. Includes top categories and subcategories, top brands and top SKUs.
E-commerce insights: September 9, 2024
Grips Intelligence on LinkedIn
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Curious about the top-selling categories in the US during the first half of 2024? We’ve just released a detailed comparison with last year's performance. 📊📈 Discover which industries are booming and which are cooling off. E-commerce leaders can use these insights to drive product innovation, fine-tune marketing strategies, streamline inventory, and explore new market opportunities. 💡 Check out the full analysis here: https://lnkd.in/eZ2ND--t Looking for insights specific to your industry? Get in touch with Grips for tailored insights to fuel your strategy! 🚀
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