CUSTOMER

How A Large Horizontal E-commerce Platform Grew Ads Business 4X

Our customer had built a small but growing advertising business on their platform, catering solely to their own sellers, and solving two problems:

  • For the sellers, placing advertisements in the form of banners or sponsored listings led to a demonstrable lift in sales on the platform.
  • For the platform itself, advertising could keep a premium set of sellers happy, while adding a revenue stream to their own business .

Challenges

Complex Tech Stack

Adding advertising required our customer to add new components to their tech stack and make changes to their platform.

Cumbersome Workflows

Creating this business also created several new and complicated workflows, many of them run manually via email chains, excel sheets, or other offline documents.

Hard To Learn

Our customer experienced a steep learning curve in setting up this business, primarily because advertising was so different from their core e-commerce business. As a consequence, our customer was held back from growing as fast as they wanted. New technology added complexity to their business, made worse because each component was disconnected from others. For example, their ad server did not talk to their booking system, or to their downstream revenue and invoicing systems. Additionally, because teams were disconnected from each other, even simple tasks like booking and flighting ad campaigns became painful. Sales teams double-booked limited inventory, resulting in revenue losses. Finally, with advertising being such a dynamic business, the business team was constantly looking for improvements, enhancements, experiments, or changes to their technology and ways of working. But with most of our customers’ engineers focused on their core platform, the ads business was often sidelined.

Solution

Growth

Grow the third party ads business with no day-to-day operational disruption.

Consolidation

Bring all ad monetisation workflows into a single end-to-end platform.

Interoperability

Make it easy and efficient for several connected teams to work together.

Insights

Elevate the levels of information and insights available to each team in real-time.

Customer Outcomes

Efficiency

We simplified their workflows, bringing down their campaign setup time by 95%, to under 15 minutes.

Cost Savings

Our customer’s monthly reconciliation and invoicing cycle time dropped by over 80%, bringing them sizable working capital savings.

Visibility

Our revenue reconciliation engine ensured that all of that delivery data could be translated into revenue figures that were real-time, correct, and consistent across their organisation.

Ease Of Work

Via our API integrations, Voiro was easily able to fit into our customer’s intricate network of systems, many of them custom-built. We enabled our customer to transform their revenue practices, without any large-scale disruptions to their existing ways of working.

As a consequence of the benefits that we’ve described above, our customer has been able to effectively scale. Their teams are data-driven and higher performing. They are able to run events with 500-1000% spikes in ad volumes without worrying about workflow overloads. And they have achieved this without massive investments in time or resources. The end result: ever since they started using Voiro about 2 years ago, this customer has grown their ads business 4X.