CommentSold Acquires Social Retail Success

CommentSold, a digital commerce solutions provider, has acquired Social Retail Success (SRS). Financial terms of the deal were not disclosed.

The SRS advanced business analytics suite helps retailers on the CommentSold platform optimize sales, plan and manage inventory, and manage customer relationships. SRS can generate up to 38 daily reports across sales, inventory planning, inventory management, customer management, and profitability.

Retailers that use CommentSold can access these reports through a single business intelligence (BI) dashboard. Most of the larger-volume boutiques on the CommentSold platform already use SRS to surface insights that drive sales growth and profitability.

"Our overarching goal has always been to empower retailers to grow their businesses, and this acquisition provides our partners with enhanced analytics that will help accelerate their success," said Brandon Kruse, founder and CEO of CommentSold, in a statement. "SRS's analytics suite is a strong complement to the other capabilities we offer retailers, and we couldn't be more pleased to welcome SRS founder Tim Gallagher to our team to lead our retail strategy efforts. He founded and architected SRS specifically for merchants on our platform and he’s an expert at using data and technology solutions to help independent retailers track performance and execute winning growth strategies."

"CommentSold is unique in the industry in terms of both capabilities and culture, and I'm thrilled to join the company and work alongside so many retailers to help them understand and use their business data to create powerful growth strategies," Gallagher said in a statement. "CommentSold continually invests in empowering its account strategists with new knowledge and tools, and I'm proud to bring the SRS capabilities to this team as we help our retail partners identify and make the most of the growth opportunities available to them."

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