StackCommerce Named Preferred Commerce Platform For Local Media Consortium
StackCommerce's white-labeled marketplace technology to power affiliate commerce efforts for LMC media companies.
VENICE, Calif., Oct. 15, 2020 /PRNewswire-PRWeb/ -- StackCommerce, the leading product discovery platform for publishers and brands, today announced it has been selected as a preferred commerce solution for the Local Media Consortium (LMC). Members of the LMC, a strategic partnership of leading local media companies, will now have access to StackCommerce's complete suite of revenue-generating commerce tools, including white-labeled marketplace technology, commerce content services, industry-best commission rates, lifecycle and paid marketing management, and more.
"At StackCommerce, we're extremely passionate about helping publishers of all sizes generate meaningful revenue through affiliate commerce, and are thrilled to expand this offering to local media companies through the LMC," noted CEO and Founder Josh Payne. "Local media is the lifeblood of this country, and our tools are designed to help make commerce essentially hands-off, enabling their teams to focus on what they do best."
StackCommerce, which powers commerce solutions for over 1,000 publishers, directly negotiates industry-best pricing and commissions with merchants and retailers to scale publisher revenue faster, while delivering more appealing offerings to each audience. Unlike typical affiliate solutions, StackCommerce delivers 3-5x higher commission rates to publishers with every sale.
"We recognize that affiliate commerce has become an essential part of the modern publisher toolkit, but the barrier to entry can be steep for local media companies with limited resources," said Fran Wills, CEO of the LMC. "We are excited to join forces with StackCommerce, which will ensure that our partners can launch and manage sustainable revenue-generating commerce businesses for years to come."
The LMC delivers significant ROI to its members by harnessing its purchasing power to negotiate large cost-saving and revenue-generating deals with digital partners that are superior to what individual media companies would be able to negotiate on their own. The LMC delivers over $50M in annual financial benefit to its members with a vast majority realizing a 100%+ return on their membership investment.
A number of LMC members, including BN Media, Shaw Media, and InsideNoVa are live with StackCommerce's technology as of today.
About StackCommerce
StackCommerce is the leading product discovery platform for publishers and brands. Our award-winning marketplace solution allows users to discover and purchase products on the publisher sites they visit daily. We provide 2500+ merchants and retailers with unmatched exposure through product listings and shoppable articles. For publishers, we power white-labeled e-commerce shops with on-site checkout for readers. We've helped over 1,000 publishers monetize with commerce, including Yahoo!, CNN, Hearst, Mashable, NY Post, TMZ, MarketWatch, and more. Learn more at http://www.stackcommerce.com.
About the Local Media Consortium
The Local Media Consortium delivers economic value through strategic partnerships on behalf of nearly 90 local media companies in top markets across the United States, Canada and Puerto Rico, and includes more than 4,000 outlets. The LMC delivers over $50M in annual financial benefit to its members by harnessing their combined volume and scale to reduce costs and increase revenue with technology and service providers like Google, Facebook, Monster and others. According to ComScore, the aggregated LMC audience footprint spans 212 million monthly unique visitors and reaches 80% of the U.S. online audience. More information is available at http://www.localmediaconsortium.com/.
SOURCE StackCommerce
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