Latham, NY – November 29, 2022 – Rithum, one of the world’s largest commerce networks and provider of software solutions connecting supply, demand and delivery for retailers and brands globally, today announced that Rithum and ChannelAdvisor, a Rithum company, were ranked as the No. 1 and No. 2 channel management providers in the 2023 Digital Commerce 360 Leading Vendors to the Top 1000 Retailers Report. In addition, Rithum is ranked No. 5 in fulfillment software and ChannelAdvisor is ranked in the top 4 for search engine marketing and the top 10 in online advertising services.
Rithum recently completed its merger with ChannelAdvisor, and the two highest ranked channel management providers are now a combined organization with a significantly expanded network and portfolio of SaaS products and services enabling networked commerce for global businesses. This makes it easier for thousands of customers on the network to reach and convert more shoppers, grow margins, and enhance consumer experiences through marketplace, drop ship, delivery management and digital advertising.
“In today’s uncertain economy, it’s more challenging than ever for brands and retailers to keep up with the competition and the changing behavior of consumers,” said Pete Elmgren, Rithum CRO. “Rithum and ChannelAdvisor solutions help customers expand to new channels, increase product selection, enhance the fulfillment and delivery experience, and grow sales and profitability. This recognition from Digital Commerce 360 speaks to our effort and motivates us to keep equipping customers with what they need to be successful.”
In addition to highlighting Rithum and ChannelAdvisor leadership in channel management solutions, the report recognized ChannelAdvisor in the search engine marketing and online advertising categories. Through automated and customizable digital marketing solutions and a team of industry experts, ChannelAdvisor enables brands and retailers to develop strategies that address specific ecommerce business needs, grow sales, meet return on ad spend targets and create a consistent, high-quality consumer experience across digital touchpoints.
In the fulfillment software category, Rithum’s highly ranked commerce solutions are enabling businesses across its network to increase agility, enhance their customer experience and manage fulfillment operations more efficiently. Its Commerce Suite unified solution for drop ship and marketplace gives businesses control of their commerce operations from one platform for connecting with third-party partners—from big brands to artisanal businesses—to increase customer reach and loyalty.
Rithum™ is the industry’s most influential and trusted commerce network, helping brands, suppliers, and retailers work together to deliver connected e-commerce experiences. The Rithum platform helps brands and retailers accelerate growth, optimize operations across channels, scale product offerings and enhance margins.
Using our commerce, marketing, and delivery solutions, our customers create optimized consumer shopping journeys from beginning to end. More than 40,000 companies trust Rithum to grow their business across hundreds of channels, representing over $50 billion in annual GMV. Rithum is the heartbeat of commerce.