Saris Cycling Group Partners with OwnerIQ
Saris Cycling Group Partners with OwnerIQ to Support the IBD in the Digital Space
Brand innovator in cycling industry partners with digital advertising leader
BOSTON, MA / MADISON WI— August 18, 2015 — Saris Cycling Group (SCG), the manufacturer of Saris bike racks, CycleOps bike trainers and PowerTap cycling power meters, has partnered with OwnerIQ, a digital advertising leader to launch a retail activation program.
SCG retailers now have a new way to reach local in-market shoppers and drive sell-through of SCG products at retail. With OwnerIQ’s retailer activation platform, retailers of SCG products can reach relevant consumers and drive them to their brick and mortar store. Even with the growing influence of digital and online shopping, 83% of shoppers still prefer to purchase at retail.
The Saris, CycleOps and PowerTap websites are key destinations where consumer’s research products, since 60% of consumers visit a product’s brand website on their path to purchase and 50% of those consumers will purchase within 30 days.
“We are continually looking for ways to help the IBD win at retail,” said SCG National Sales Manager Mike Blang, “We were the first brand to adopt Buy Local Now and are the first brand within the bike industry to partner with OwnerIQ. We believe this is a unique solution to drive our online traffic to the IBD’s store and we are optimistic that it will be very successful for those who implement it.”
Through co-branded digital advertisements, that will feature SCG’s products and participating dealer’s retail location(s), dealers will be able to capitalize on the visitors of the Saris, CycleOps and/or PowerTap websites to let a consumer know that the retailer carries SCG products and drive them to the retailer’s store to buy. OwnerIQ creates the ads and the dealers are able to approve/edit before the ads launch.
“SCG is known as an innovator in the cycling field so it only makes sense that they are the first cycling brand to join our platform. The OwnerIQ team is excited to be working with Sara, Chris and the rest of the SCG team to empower their IBD’s to connect with local in-market shoppers and drive sales of SCG products.” said OwnerIQ CEO Jay Habegger.
This announcement was first featured in Bicycle Retailer and Industry News read here.
*Sources: Forrester North American Technographics® Consumer Deep Dive: Investigating The Customer Life Cycle (Explore Phase) Survey, Q4 2012 (US) & Fragmented Path-To-Purchase Demands Everywhere Marketing.
About Saris Cycling Group
Saris Cycling Group, Inc. is located in Madison, WI. Saris Cycling Group is an industry leader committed to bicycle advocacy and a U.S. manufacturer of Saris Car Racks, Saris Parking and Storage Solutions, PowerTap, CycleOps Trainers and CycleOps Indoor Cycles. For more information, visit www.sariscyclinggroup.com.
OwnerIQ “The Q” is the leading programmatic advertising solution that digitally connects brands and retailers across the Qniverse. The Qniverse is the largest, most transparent, 2nd party audience marketplace of its kind, bringing the richest pool of shopping data to digital display advertising. It aggregates over 1 Billion + online shopping behaviors each month from retailers, product brands and e-commerce. This gives advertisers unprecedented access to these partners’ 1st party data pools. More than any other solution, brands and retailers can leverage The Qniverse to run their high volume programmatic campaigns, retail specific initiatives, and prospecting programs. OwnerIQ’s robust product suite includes Optimized Shopper solution; the most effective approach to scaling advertisers’ programmatic buys and is a proven method for driving new online customers. In addition, Retailer Targeted Marketing and Vendor Targeted Marketing products are the next generation of retailer and brand monetization, digital shopper marketing and co-operative advertising. OwnerIQ was recently named in the 2015 Ad Age BtoB Best Awards, Boston Business Journal’s Hottest Tech Companies to Watch, and Editor’s Choice Award from Shopper Marketing Magazine. For more information, visit www.OwnerIQ.com.
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Director Marketing Communications