He built it into one of the most respected CPG tea brands and the largest tea café chain globally. Prior to Cooler Screens, Arsen founded Argo Tea in 2003. Arsen is the Founder and Chief Executive Officer of Cooler Screens. Kroger in grocery, Best Buy in consumer electronics, Macy’s in fashion). Arsen Avakian, Co-founder and CEO, Cooler Screens. Prior to Amazon, Artem had a 12-year career at dunnhumby, innovating and developing data-driven solutions and products for retailers and brands across multiple sectors (e.g. He has deep experience with a broad range of data and ML-based applications in areas such as personalization, marketing, retail media/ads, financial incentives, CX/shopping journey optimization, selection/merchandising, experimentation design and measurement. Most recently, Artem was a Director of Customer Engagement and Data Science at Amazon, focused on envisioning, developing, and scaling data science capabilities for Kindle/Books. What do you think? You can contact me at with your thoughts and opinions.Artem is a senior executive with a track record of using data and science to gain and activate insights, resulting in better experience for customers while generating economic value for retailers and brands. 10 of the management team is Black or African American. Cooler Screens had planned on rolling out its screens to 1,400 Walgreens this year, but as the company told AdWeek, those expansion plans were. 12 of Cooler Screens management is Hispanic or Latino. Cooler Screens raised 80 million from the likes of Verizon Ventures and Microsoft in October of 2020 and at that time had its technology up and running in 50 Walgreens stores across the Chicago area. Maybe we are old fashioned, but this experience seems overly immersive to us. Here are further demographic highlights of the leadership team: The Cooler Screens executive team is 29 female and 71 male. The Cooler Screens provide easy access to a lot of shoppers and the screens are (very) hard to ignore.Ĭooler Screens says that their screens provide “an exciting new digital shopping experience in the freezer and refrigerator aisles of local grocery, drug, and convenience stores”. Investors this round included Verizon Ventures, M12, Great.
#Cooler screens revenue series#
Walmart, as an example, operates on high sales volume and low margins and the high margins generated from digital advertising is enticing. It just raised over 80 million in Series C funding, according to an announcement on Monday, hiking its valuation to above 500 million. Insider’s Take: The large retailers like in-store advertising. See insights on Cooler Screens including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Cooler Screens’ technology partners include global category leaders Microsoft, Verizon, Dover, BOE and Foxconn. Over 180 of the top consumer product brands have joined the Cooler Screens’ brand network including Anheuser-Busch InBev, Nestle, PepsiCo, Tyson, Unilever and Red Bull. Retail partners include Walmart, Walgreens, Kroger, CVS, Get Go and Chevron. Cooler Screens is hoping to “transform retail surfaces into digital IoT smart screens that deliver in-store retail media and merchandising for the ultimate consumer experience at the intersection of commerce, context and content”.Ĭooler Screens has grown rapidly reaching over 90 million in consumer traffic per month across 10,000 screens over 700 stores in 31 DMAs. Cooler Screens is a Chicago based company that has raised over $100 million from the likes of Verizon Ventures, Microsoft’s M12 venture fund, GreatPoint Ventures, Silicon Valley Bank and others.
#Cooler screens revenue install#
Last month we published an article on the growth of advertising revenue for both Amazon and Walmart.Īs retailers look at creative ways to generate digital advertising in their stores, Cooler Screens has signed a contract with Walmart to install more than 2,500 branches with display cooling doors. Cooler Screens was founded on the core idea that consumers deserve a better experience in brick-and-mortar retail. He has been successful in driving strong revenue, profit and market share results across diverse business environments through breadth of skills in business strategy, marketing, field operations, strategic. Insider noticed articles from both invidis and Sixteen Nine looking at the expansion of in-store digital advertising by large retailers. Prior to joining Cooler Screens, Gayle held various marketing, sales, and product strategy roles during her 13-year tenure at Google.
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