PX Private Marketplaces seen as key to long-term customer acquisition growth strategy
PX, the leading platform for customer acquisition, today announced an agreement with Alder Holdings, LLC to centralize Alder’s customer acquisition activity and online publisher relationships through the PX platform. Alder will utilize PX Private Marketplaces to purchase leads and calls, to create efficiencies, and strategically grow their customer base.
Under the agreement, PX Private Marketplaces will allow Alder to maintain its relationships with all of their online publishers, including email and comparison review partners, and manage those campaigns in one place, the PX platform. Alder will use PX and its tools, addressing their need to proactively price acquisition campaigns so that they consistently meet Alder’s cost-per-acquisition targets.
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“We’re excited that a leading innovative partner like Alder, who has seen the tremendous benefits of our platform, has chosen to double-down on our ability to help them find new customers,” said Bas Offers, co-founder and COO at PX. “Establishing Private Marketplaces is an important part of our goal to transform the entire customer acquisition industry with efficiency, transparency and trust. This agreement is another strong validation of that mission.”
Today, Alder buys leads through the PX Open Exchange, which brings hundreds of customer acquisition marketers and publishers together in a programmatic marketplace. Alder also maintains relationships with more than a dozen other publisher sources to find new customers. By centralizing their activity through PX, Alder will have a single, consistent lens to measure performance, plus on-demand tools to optimize and build scale, without replacing sources they already know and trust.
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“Over the past year, we’ve been very impressed by the PX technology and how it has enabled us to continually better our performance metrics and reach growth targets,” said Mark Stokes, EVP and General Manager of Inside Sales for Alder Home Security. “The platform and their people continually help us to reach new partners and uncover new opportunities to scale.”
Integration of the Private Marketplaces will begin immediately. As part of the agreement, the two companies will also build out Alder-Branded Campaigns, a third element of the PX platform that focuses on expanding reach to high-intent consumers. Those are scheduled to launch in Q2 2020.
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