Advantage Solutions , an Irvine, Calif.-based business solutions provider, acquired Quantum Networks, a New York City-based e-commerce retailer and agency representing more than 100 brands on seven global online marketplaces.
The terms of the transaction were not disclosed.
An Amazon third-party seller across a wide range of categories, including consumer electronics, audio, sports and outdoors, health, household, and camera and photo, Quantum provides brand management and brand identity services. These include minimum advertised price monitoring, targeted online advertising strategies, brand optimization through enhanced online content, detailed monthly reporting, forecasting and reverse logistics to ensure full in-stock rates and customer-review monitoring.
In addition to working with Amazon, Quantum represents brands on E-Bay, Newegg, Walmart.com, Reverb, Google Shopping Actions and Quantum’s own Blucoil.com consumer electronics and audio site. Blucoil sells Quantum’s proprietary Blucoil-branded products and “Blucoil bundles,” which pair Blucoil accessories with partner brands’ complementary products. .
Quantum is the latest addition to Advantage Digital Technology, a division Advantage launched in 2015 to help clients find and optimize omnichannel opportunities. Advantage Digital Technology companies offer business intelligence solutions that automate reporting and provide critical insights; content services that help clients create, enhance and syndicate their brand content; and e-commerce services that optimize brands’ online presence and sales.
Advantage Solutions is a business solutions provider committed to driving growth through insights and execution. Its customizable and technology-enabled sales and marketing solutions — including headquarter sales, retail merchandising, business intelligence and a full suite of marketing services — are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales and achieve operating efficiencies.
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia and Europe.
FinSMEs
09/01/2020