Supermarkets & Retail
MyBrandForce Banks on Plaid’s Industry-Leading Technology to Scale Payments...
GREENWOOD VILLAGE, Colo., April 13, 2023 (Newswire.com) - MyBrandForce is proud to announce the seamless integration of Plaid Transfer into its platform. Plaid's state-of-the-art payments technology empowers MyBrandForce to issue payouts to its nationwide Brand Agent force in a timely, secure, and convenient way. This partnership marks a significant milestone in MyBrandForce's commitment to deliver scalable, reliable payment solutions to its Brand Agents.
By integrating Plaid Transfer into its technology stack, MyBrandForce is now able to streamline its payouts process, reduce errors and delays, and ensure that its Brand Agents can receive and track their payments directly through the MyBrandForce app.
"We are thrilled to partner with Plaid and integrate its payment technology into our platform," said George Martinez, CEO of MyBrandForce. "This partnership will enable us to provide even greater value to our Brand Agents by ensuring timely, secure, and convenient payments. It's another example of how we are leveraging technology to transform the Consumer and Retail sector." Martinez continued by saying, "We are particularly excited about being one of Plaid's beta partners on its new Instant Payouts capability. We are confident that Plaid's Instant Payouts on Transfer will enable Brand Agents to receive their payments faster and more efficiently and lead to greater satisfaction and higher agent retention."
MyBrandForce leverages Plaid's capabilities to offer Brand Agents:
- Direct payment to the Brand Agent's preferred bank account with no third-party apps needed
- 30-second one-time setup integrated seamlessly into the MBF mobile application
- Highly secure two-factor authentication and encryption for all financial data
- MBF payouts in near real-time using Plaid's new Instant Payouts offering
"We are excited to work with MyBrandForce to bring streamlined payouts to its Brand Agent network," said John Anderson, Head of Payments at Plaid. "This is an example of how Instant Payouts can make a meaningful difference in people's lives. MyBrandForce lets people put money in their pocket when they need it, even after completing just a few tasks."
About MyBrandForce
MyBrandForce — Disrupting CPG execution and data gathering by bringing the power of AI and an on-demand nationwide work force to radically increase brands' sales and distribution. MyBrandForce is the premier provider of real-time observational market intelligence and field services to consumer companies at the retail shelf. MyBrandForce deploys a nationwide on-demand workforce to deliver client missions in retail stores across a wide range of channels.
MyBrandForce's innovative platform offers field services, observational analytics, and brand management, providing brands with actionable data to make informed decisions to maximize sales and distribution. The real-time data allows brands to realize maximum retail execution while simultaneously obtaining valuable insights to make data-driven decisions.
Visit www.mybrandforce.com to learn more about how MyBrandForce is revolutionizing retail execution in the Consumer and Retail sector. Contact us at [email protected] for further inquiries.
Contact Information:Chris Hughes
Chief Commercial Officer
[email protected]
312.953.3012
Original Source: MyBrandForce Banks on Plaid's Industry-Leading Technology to Scale Payments to Its Nationwide Gig-Force of Brand Agents
Jungle Scout’s Amazon vs. Walmart Report Highlights Battle Over...
AUSTIN, Texas - October 26, 2022 - (Newswire.com)
Today, Jungle Scout, the leading all-in-one platform for ecommerce sellers, released its 2022 Amazon vs. Walmart Report, a study of more than 1,000 U.S. consumers and financial reports that examines the retail giants' race to the top in the changing global economy. The report highlights consumer preferences and how investments in omnichannel strategies and technology are shaping the rivalry.
Key insights include:
Amazon is maintaining its e-commerce dominance — for now.
- 75% of U.S. consumers have purchased from Amazon recently, compared to 43% who have shopped on Walmart.com.
- 63% of consumers begin their search for a product online on Amazon over Walmart.com (43%).
- Consumers are more likely to have an Amazon Prime membership (57%) than a Walmart Plus account (31%).
- Consumers prefer to shop on Amazon over Walmart.com for electronics, books, and clothing.
Consumers turn to Walmart for affordability and everyday items.
- 56% of consumers turn to Walmart for groceries, compared to 15% who prefer to buy them from Amazon.
- 43% of consumers say product prices are the main reason they shop at Walmart over Amazon, followed by familiarity with products.
- 71% of consumers are more likely to make smaller purchases ($0-99) from Walmart.com, compared to 66% on Amazon.
- Consumers prefer to shop on Walmart.com over Amazon for groceries, medicine, and cleaning supplies.
"The retail environment is constantly changing due to economic currents and consumer whims. Amazon and Walmart are both leveraging online and offline technologies as a way for brands to create more dynamic solutions that satisfy their customers," says Michael Scheschuk, President of Small & Medium Business and Chief Marketing Officer, at Jungle Scout. "Investments like Amazon's Dash Cart in Amazon Fresh stores and Walmart's Virtual Try-On in their iOS app will raise the bar for all retailers and improve consumer experiences."
Additionally, the report finds that both Amazon and Walmart's marketplaces are largely dominated by third-party sellers, another area where both retailers are investing for growth. Amazon's marketplace is 82% third-party sellers, compared to Walmart's, which is comprised of nearly 79% third-party sellers.
Read the full report with the methodology here.
About Jungle Scout
Jungle Scout is the leading all-in-one platform for selling on Amazon, supporting more than $40 billion in annual Amazon revenue. Founded in 2015 as the first Amazon product research tool, Jungle Scout today features a full suite of best-in-class business management solutions and powerful market intelligence resources to help entrepreneurs and brands manage their e-commerce businesses. Jungle Scout is headquartered in Austin, Texas, and supports 10 global Amazon marketplaces.
Contact Information:
Cathryn Hurdle
Public Relations Strategist
[email protected]
(613) 639 9067
Press Release Service by Newswire.com
Original Source: Jungle Scout's Amazon vs. Walmart Report Highlights Battle Over Grocery and Tech