TrustRadius: an HG Insights company

Monetate

Score6.3 out of 10

185 Reviews and Ratings

What is Monetate?

Monetate (formerly Kibo Personalization, powered by Monetate and Certona) is an ecommerce personalization software for consumer-facing brands. Monetate enables brands to create individualized experiences for site visitors, with the goal of improving engagement and business performance. Founded in 2008, Monetate services Adidas, Lufthansa, Office Depot, Reebok, Wolseley, and other companies.

Read more details.

Great for tool to support your platform.

Use Cases and Deployment Scope

AB testing and personalization platform for B2C or B2B With powerfulness comes a bit of complexity. Not necessarily a fault on the Monetate side, but it's just how it is. However, it takes quite a bit to get used to the UI and really make the most of the options.

Pros

  • personalization
  • a/b test
  • email

Cons

  • interface
  • ui improvements
  • configuration clarity

Return on Investment

  • great value
  • prefer not to reveal details

Alternatives Considered

Adobe Journey Optimizer

Other Software Used

Adobe Journey Optimizer

Monetate for A/B testing and much much more

Use Cases and Deployment Scope

After using Monetate for quite some time now, I can safely recommend it for A/B testing as well as a ton of other really cool additional features. It has personalized search, product recommendations, journey analysis and a bunch of other really cool features. Depending on what you implement, there will be a little learning curve, but the team is very dedicated to guiding and hands-on help, throughout the process. It's easy to see the wins and it's hyper fast for putting new marketing in place, with or without a test component. I highly recommend.

Pros

  • Search recommendations
  • e-commerce product recommendations
  • A/B testing

Cons

  • there is a bit of complexity, but with anything robust, there will be.
  • Interpretation is still in the users hands, so make sure you know the details

Return on Investment

  • we have seen a sustained amount of growth since implementation & can see where it is coming from
  • It aids in providing that continuous growth component framework

The app has potential but we want it to be better.

Use Cases and Deployment Scope

We use Monetate as our AB testing and site optimization tool on the website. We test a wide variety of things, from simple creative copy tests to apps and personalization elements. We also use it to run targeted experiences for promotions and new product releases. We look to Monetate to help measure the effectiveness of different elements on the site and see how various layouts, creative, and copy can impact our conversion rate and bottom line.

Pros

  • Simple to launch a/b testing.
  • Scheduling start and ends for various experiences.
  • Popups for customer notifications.

Cons

  • Integration elements with Shopify.
  • Custom goals for AB testing.
  • Options to integrate in with CDP tools and audiences.

Return on Investment

  • Ability to improve AOV.
  • Optimize for CVR.
  • Align on marketing creative based on AB test.

Alternatives Considered

VWO, Optimizely Web Experimentation and Crazy Egg

Other Software Used

BlueConic, Shopify Plus, Klaviyo

Great tool for web personalization.

Use Cases and Deployment Scope

Monetate is used to create personalized web experiences for users visiting our site and to make product recommendations. Monetate allows us to show relevant web content to users based on their location, interests, weather patterns, etc.

Pros

  • The user interface is easy to navigate.
  • Their customer support is great, they will help us to troubleshoot and work through issues whenever we need.
  • Monetate was easy to integrate to our site.

Cons

  • There is a flashing effect when personalized experiences are rendered on the front end, which is not preferred.
  • Behavior based personalization is difficult to set up/currently unavailable.
  • Item recommendations are not always relevant.

Return on Investment

  • Ability to show relevant content to users based on weather in their area.
  • Ability to show relevant item recommendations to users, resulting in increased add-to-cart rate.

Other Software Used

Contentful, Mouseflow, Jira Software

Monetate in Email

Use Cases and Deployment Scope

I use it in emails to create product recommendation zones. I communicate to our UX/UI designer what I need as far as recommendation zones. I have also gone in and created them myself and had his team update the code.

Pros

  • It provides code that can be applied to emails.

Cons

  • In our experience, the customer service and communication is not great. Our account representative was hard to get in contact with and would allow meetings to fall off the calendar.
  • In my opinion, the site is not super user friendly. I have a hard time remembering how to navigate it each time.

Return on Investment

  • Adding Monetate zones to emails during promotions increased clicks, click rates, revenue, and rpe.

Other Software Used

Attentive Mobile