AI News/Wire summary
Outdoor Life sold to eFormed Ventures, which plans AI-driven on-site commerce
Key points
- eFormed Ventures acquired Outdoor Life from Recurrent Ventures on Oct. 7 for an undisclosed sum, per the report.
- Outdoor Life drove more than $20 million in purchases last year, according to managing partner Tom Beusse.
- The buyer plans a proprietary AI platform, Resonance, to tailor recommendations and pricing and sell on-site rather than only through affiliate links.
- Resonance has been tested on the Field & Stream storefront since January, which reportedly posted triple-digit growth, though the test is early.
Why it matters for marketers: Marketers should watch whether on-site AI commerce beats affiliate economics, since affiliate commissions top out near 14% to 15% and Amazon recently halved its rates.
Summary by the Z Media news desk, from the outlets' reporting. Read the full stories at the source.
Read the original
Adweek: Content-to-Commerce Publishers Have Struggled. Could Outdoor Life Be the Exception?
Related on Z Media
- OpenAI employee arrested over hidden recording device in officevia The Verge, 2 days ago
- Character.AI files for bankruptcy as Disney offers $20M for assets and a licenseOur brief, via TechCrunch, 3 days ago
- Judge orders OpenAI to produce hiring records in Apple trade secrets suitvia TechCrunch, 2 days ago
- SpaceXSI folds X Premium, Grok and Cursor into one five-tier subscriptionOur brief, via TechCrunch, 2 days ago
- Anthropic reports $16.8B Q3 revenue as growth slows before IPOvia The Information, yesterday
- Semrush shows how to run SEO audits in Claude via its MCP serverOur brief, via HubSpot Blog, yesterday