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    AUTO   US05335B1008

AUTOWEB, INC.

(AUTO)
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AutoWeb’s New Strategic Relationship with CreditIQ Provides Retail-Ready Capabilities, Streamlining Car Buying Process

06/09/2021 | 04:05pm EDT

AutoWeb, Inc. announced a strategic relationship with CreditIQ to provide AutoWeb’s visitors access to CreditIQ’s retail-ready platform. The collaboration enables shoppers using AutoWeb’s search funnel to calculate car payments on a vehicle of interest, streamlining the car buying process for buyers and sellers. AutoWeb began layering these types of new retail-ready components into its consumer experience earlier this year. Providing this additional value supports the company’s ability to create more tailored profiles of buyers using its sites to understand what kind of shopping experience they’re looking for—enabling AutoWeb to better match them to the sellers that can provide an experience within their preferred parameters, thus improving the process for both parties. After running a successful test, AutoWeb’s analyses showed that introducing digital retailing tools resonated with its consumers. By embedding these features into the later stages of its lead funnel, 39% of the consumers who were presented with this functionality engaged with it, and 9% of those consumers completed a secondary digital retailing conversion event. These high rates of engagement validate AutoWeb’s ongoing product evolution efforts, as they show the potential growth opportunities that greater matchmaking capabilities can help facilitate.


© S&P Capital IQ 2021
All news about AUTOWEB, INC.
09/20AUTOWEB : New Research from Brian Pasch Enterprises Shows High Quality of AutoWeb's Click ..
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09/20New Research from Brian Pasch Enterprises Shows High Quality of Autoweb’S Click Traffic..
CI
09/15AUTOWEB, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhib..
AQ
08/10AUTOWEB, INC. : Results of Operations and Financial Condition, Financial Statements and Ex..
AQ
08/05AUTOWEB : Q2 Earnings Snapshot
AQ
08/05AUTOWEB : Management's Discussion and Analysis of Financial Condition and Results of Opera..
AQ
08/05AUTOWEB : Earnings Flash (AUTO) AUTOWEB Posts Q2 Loss $-0.02, vs. Street Est of $-0.04
MT
08/05AUTOWEB : Earnings Flash (AUTO) AUTOWEB Reports Q2 Revenue $18.7M, vs. Street Est of $18.6..
MT
08/05AUTOWEB : Reports Second Quarter 2021 Results
AQ
08/05AutoWeb, Inc. Reports Operating Results for the Second Quarter Ended June 30, 2021
CI
More news
Analyst Recommendations on AUTOWEB, INC.
More recommendations
Financials (USD)
Sales 2021 75,1 M - -
Net income 2021 -2,04 M - -
Net Debt 2021 - - -
P/E ratio 2021 -17,6x
Yield 2021 -
Capitalization 36,1 M 36,1 M -
Capi. / Sales 2021 0,48x
Capi. / Sales 2022 0,42x
Nbr of Employees 149
Free-Float 57,9%
Chart AUTOWEB, INC.
Duration : Period :
AutoWeb, Inc. Technical Analysis Chart | AUTO | US05335B1008 | MarketScreener
Technical analysis trends AUTOWEB, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 2,68 $
Average target price 4,75 $
Spread / Average Target 77,2%
EPS Revisions
Managers and Directors
Jared R. Rowe President, Chief Executive Officer & Director
Michael Sadowski Chief Financial Officer & Executive Vice President
Michael J. Fuchs Chairman
Daniel R. Ingle Chief Operating Officer & Executive Vice President
Glenn Evan Fuller Secretary, Chief Legal & Administrative Officer
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