Fluent, Inc. Announces Commerce Media Partnerships with Top-Tier Brands
07 Januar 2025 - 2:30PM
Fluent, Inc. (NASDAQ: FLNT), a leading commerce media solutions
company, today announced the addition of several new media partners
to its commerce media network, reflecting the growth of the
Company’s Commerce Media Solutions.
Top-tier brands such as Fanatics, Vivid Seats,
Barnes & Noble College, Forever 21, Belk, Bealls Florida, and
Hammacher Schlemmer are now partnered with Fluent to capitalize on
the rapidly growing opportunities in commerce media and generate
new revenue streams for their businesses. By seamlessly integrating
non-endemic advertising across their sites and mobile apps,
partners can enhance the customer experience with personalized
offers that deepen brand loyalty and maximize customer
monetization.
“We’re proud to work with such an impressive roster
of media partners across retail, grocery, ticketing, quick-service
restaurants, and other emerging verticals,” said Tim Lukens,
President of Commerce Media Solutions at Fluent. “With a growing
media network comprised of over 100 million annual transactions, we
aim to maximize revenue opportunities for partners, increase
conversion rates for advertisers, and build more meaningful
experiences for consumers.”
Fluent’s first-party identity graph and advanced
AI-driven algorithms are a key differentiator among industry peers,
enhancing ad relevance, boosting conversions, and creating stronger
and more profitable connections between brands and consumers.
The commerce media sector continues to expand
rapidly, with Boston Consulting Group estimating it will grow to
$100 billion within five years, accounting for over 25% of digital
media spending by 20261.
Fluent’s Commerce Media Solutions reflect this
momentum, reporting a 341% year-over-year revenue increase in Q3
2024, rising to $10.4 million (16% of total revenue) from $2.3
million (3% of total revenue) in Q3 2023. With an annual recurring
revenue run rate exceeding $50 million, Fluent’s Commerce Media
Solutions demonstrate strong traction as the company executes a
strategic pivot towards the fast-growing commerce media market.
1Boston Consulting Group, How Retail Media is
Reshaping Retail
About Fluent, Inc.
Fluent, Inc. (NASDAQ: FLNT) has been a leader in
performance marketing since 2010, offering customer acquisition and
partner monetization solutions that exceed client expectations.
Leveraging untapped channels and diverse ad inventory across
partner ecosystems and owned sites, Fluent connects brands with
consumers at the most optimal moment, ensuring impactful engagement
when it matters most. Constantly innovating and optimizing for
performance, Fluent unlocks additional revenue streams for partners
and empowers advertisers to acquire their most valuable customers
at scale. For more insights visit https://www.fluentco.com/.
Forward-Looking Statements
This press release contains forward-looking
statements. All statements other than statements of historical
facts are “forward-looking statements” within the meaning of
federal securities laws. In some cases, you can identify
forward-looking statements by terminology such as “will,” “would,”
“expect,” “intend,” “plan,” “objective,” or comparable terminology
referencing future events, conditions or circumstances, or the
negative of such terms. Forward-looking statements in this press
release include, without limitation, statements about the Company’s
expected growth and results of its strategic shift. Although Fluent
believes that it has a reasonable basis for the forward-looking
statements contained in this press release, they are based on
management’s current beliefs and expectations about future events
and circumstances and are subject to risks and uncertainties, all
of which are difficult to predict and many of which are beyond the
Company’s control. These risks, described under “Risk Factors” in
Fluent’s most recently filed annual report on Form 10-K, as updated
from time to time in Fluent’s quarterly reports on Form 10-Q and
other filings with the Securities and Exchange Commission, may
cause actual results, performance or achievements to differ
materially from those expressed or implied by forward-looking
statements in this press release. You are cautioned not to place
undue reliance on forward-looking statements, which speak only as
of the date on which they were made. Fluent undertakes no
obligation to update any forward-looking statement contained in
this press release to reflect events that occur or circumstances
that exist after the date of this press release, except as required
by law.
Contact Information:
Investor RelationsFluent,
Inc.InvestorRelations@fluentco.com
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