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Monetate

Monetate
Formerly Kibo Personalization, powered by Monetate & Certona

Overview

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…

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Recent Reviews

Ease of use

7 out of 10
September 05, 2023
Incentivized
I think Monetate is very useful for testing. No issues with the system. Clear and easy to use with support and manuals
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Quick overview

8 out of 10
April 18, 2023
Incentivized
We've been able to use Monetate to support personalisation across different customer segments on site, as well as run a number of AB tests …
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Monetate Review

10 out of 10
February 28, 2023
Incentivized
We use Monetate to create different user journeys for different customers we target. Doing A/B testing we get to see which experience will …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Reviewer Pros & Cons

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Pricing

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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…

Entry-level set up fee?

  • Setup fee optional

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

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.

Monetate is open, and designed to work across the user's marketing stack. It is real-time too, with machine learning capabilities to help deliver 1-to-1 personalization, through to testing & experimentation, and product recommendations at scale.

In October 2019 Monetate and Certona personalization technologies were acquired by Kibo Software. Kibo Personalization included capabilites from these solutions. Monetate was spun off from Kibo in October of 2022.

Monetate Features

  • Supported: Testing
  • Supported: Segmentation
  • Supported: Machine Learning
  • Supported: Data Integration
  • Supported: APIs

Monetate Video

Monetate Integrations

Monetate Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported LanguagesEnglish

Frequently Asked Questions

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.

Adobe Target, Optimizely Web Experimentation, and HiConversion are common alternatives for Monetate.

Reviewers rate Implementation Rating highest, with a score of 9.1.

The most common users of Monetate are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(159)

Attribute Ratings

Reviews

(1-4 of 4)
Companies can't remove reviews or game the system. Here's why
Score 10 out of 10
Vetted Review
Verified User
Monetate is being used by the e-commerce teams for two sites which I manage. It enables us to improve conversion and average order value by testing creative and promotional messaging, target messaging to consumers based on behavior and demographic segment, and cross-sell merchandise. Monetate also enables the teams to make quick changes to the site and avoid the time consuming ordeal of submitting tickets to developers and waiting for response and resolution.
  • Monetate used to do things well.. times have changed.
  • Continuous improvement in predictive analytics.
A tool such as Monetate can impact the businesses most if it is able to leverage multiple sources of first and third party data. I would discuss in the evaluation process the best ways for integrating and leveraging those data sources in a way that is scalable. If your team does not yet have a culture of testing, it is worth discussing what organization is required to leverage the tool.
  • Higher conversion rates on desktop and mobile sites since implementation.
  • Faster implementation of changes to the site..reducing the burn of developer hours.
  • Higher average order values.
Monetate is more flexible than Adobe with a much better UI for testing and targeting. It is more cost effective than Certona, and gets higher average order lift than MyBuys for product recommendations.
4
E-Commerce merchandising and marketing
4
We use an external company to provide platform support. A developer who understands tag management is required. Beyond the technical support, the team of business users is all that is required. They must have a business curiosity and interest in improving UX to ask questions which could be the basis for tests.
  • Targeting marketing and merchandising content and promotional messaging based on behavior and demo
  • Addressing issues that would normally require IT/solution support engineers
  • Increase average order values via product recommendations
  • Instead of integrating certain third party technology directly into the platform, we wanted to run A/B tests to see what kind of impact it would have on site KPI. So we integrated the technology via Monetate. That gave us the ability to test different placements for the third party CTAs and optimize the UX and conversion.
  • I am consistently surprised how the team turns to Monetate as quasi CMS.
  • We have only scratched the surface of using first and third party data for targeting. We have not yet integrated our CRM data or, loyalty data or customer LTV into the site, or data from social platforms. And we do not yet have a DMP. All of these will help increase the impact of Monetate on the business.
It is a technology that is being used on a daily basis by the team. So it has real value rather than just "potential" value. Monetate continues to roll out new functionality, and, while not cheap, is cost effective.
No
  • Price
  • Product Usability
  • Product Reputation
  • Vendor Reputation
My biggest concern was the the product would sit on the shelf and go unused. So the UI got a lot of attention in the evaluation. Moreover, since we have a small organization, we discussed the processes that would be needed to make sure the users would be set up for success and were not intimidated by the technology.
No changes
  • Professional services company
Fluid
Yes
We implemented for desktop first, then mobile and email
Change management was a big part of the implementation and was well-handled
Do not underestimate the time it takes to get people comfortable with a culture of testing. Not just users but also senior management. Develop a process for getting the stakeholders on board and communicate the results of tests and campaigns often.
  • Product image feed to the Monetate visual search tool was not working properly at launch
Make sure that your feeds into Monetate are thoroughly QA'd
Yes
Our team is small, so the users cannot dedicate themselves as much to testing and targeting or setting up more complex campaigns. Therefore, we need to rely more heavily on Monetate's support.
Very responsive and proactive support team. There never seems to be a bandwidth issue on their end to address our questions or issues.
Yes
Yes
We recently had an important UX issue with our header and nav which needed immediate resolution. The suppport team stepped in quickly to set up the campaigns to resolve the issue.
  • Testing: the who, what when, why UI is very intuitive.
  • Creating campaigns as CMS overrides is almost too easy.
  • We still have not integrated our CRM data into Monetate.
The product has not evolved much since acquired by KIBO
January 15, 2019

Monetate Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
Monetate is used by a marketing department, specifically by a web marketing team. We use Monetate to test our design strategies via its testing platform and by checking its live analytics and results from it. Depending on the result, we will then make a decision to permanently implement the design onto the site itself or to drop the idea if it fails.
  • Dynamic test to let users test several different ideas at the same time while dynamically distributing traffic to the highest ROI.
  • Live analytics to show us where the test is at and to easily compare the experiment with original (control).
  • Faster development job is done when requested.
  • I know the company has been undergoing a change but staff has changed so often that our personalized staff has changed numerous times.
Monetate is an excellent testing platform to test your ideas onto the site and see how it's working before you actually make a permanent change, and to experiment with various ideas at the same time to see which one works the best.
  • We were able to make sure of the "working" ideas which actually brings customers.
  • Our changes to the site has become more risk-free now.
I think their service is overall pretty excellent.
I think their targeting capabilities are pretty detailed but for some, it's hard to "preview" the test.
It's pretty straightforward and works easily.
Analytics are easy to read; I don't find big issues with this overall.
I haven't personally tried this but I don't recall seeing them so I assume it won't be that easy/simple to use 3rd party platform integrations?
2
conducting A/B testings on mobile and desktop
2
HTML/CSS/javascript skills
  • usability testing
  • conversion rate optimization
  • testing analysis
  • creating 3 mini cta buttons on the top of the main page
  • changing the layout of the action page
  • changing the banner ad styles
  • layout
  • conversion rate
  • style variations
Even though I see some rooms for improvement from Monetate I think the platform is well built for the needs
Chad Fillion | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
We utilize the power of the Monetate platform to add/remove elements on our web site in a quick and easy fashion and leverage the testing capabilities to A/B test site changes globally before rolling them out "officially".
  • The ease of setting up actions to add new content or remove existing content from the web site is very streamlined and even non-coders on our team can do so with ease and little difficulty.
  • With the power of A/B testing on virtually anything we post to the site with Monetate we can gauge user response and acceptance and target the "better" CTR on specific designs. This expedites the creation of future designs as we know what works--and what doesn't.
  • Running concurrent campaigns throughout the site is simple as you can easily pause and edit anything running on the site with little interruption to the flow of the existing site.
  • The action builder interface has come a long way, but there are times when it feels intrusive. The top nav bar that is shown should be resizable to the user specifications... not on the standard sizes that Monetate dictates.
  • Sharing tests with others is quite easy, however, a test should be made available to "test" automatically rather than having to build a specific link. Users should be able to set a target location and allow others to see it as part ot the set up process and that "share link" should be automatically generated upon "completion" of building a campaign. Having to click elsewhere and build a link foolish as it is nearly always a "next step".
We use Monetate to host/display all of our internal site banners. The ease of implementation and targeting allows us to truly add a level of detail previously unavailable.
  • I am unable to answer this "ROI" question as it is not part of my job description as a developer.
Marketing, Design and development are the three main areas of the organization that utilize Monetate. The social media team also uses the software, as does a few of the email marketing team members. The primary focus is with the marketing team though, with nearly half of our monetate users within that department.
We have an individual who is knowledgeable in development that helps with setting up actions an campaigns. There is another individual with analytic and testing knowledge that helps with following the CTA and conversions. There is also a key person who handles all of the preparations to set up the web site for our seasonal design changes using monetate.
  • Segmentation of personalized experiences
  • "Band-aid" repair on site glitches
  • A/B testing of new experiences to gauge interest/effectiveness
  • It has replaced our CMS for placing banners onto our web site
  • More robust use of the personalization tools to create a 1-to-1 experience with our customer
It is used company wide so we will re-up for certain when our current contract is expired.
September 02, 2015

Great Personalization Tool

Calvin Chang | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Monetate is a great tool to deliver personalized content to the customers where customers are seeing real time personalization fitting to their behavior. It's also great to do AB testing with Monetate as the customers are easily segmented and presented with different testing content. It provides a quick solution for site owners to dynamically insert content without having advanced technical background.
  • Capture customers' behavior real time.
  • Easy to use UI.
  • There are endless combination of targeting variables to utilize.
  • Faster turnaround time for special targeting variable request.
  • Deliver new features for the UI at the time they promised.
I would recommend Monetate to those who are just stepping into the personalization world.
  • The company is able to utilize Monetate to really push out last minute urgent requests as there is absolutely no delay in term of pushing the content live to the site.
4
Marketing - Daily promotions
Content - Testing different content to see how customers react
UI - overall appealness of the site
6
intermediary to advance coding background
  • AB Testing
  • Holiday Promotions
  • Create new placements on the fly
  • work with a 3rd party verification service and deploy the code through Monetate
  • Injecting cookies to mark customers and target them afterward
  • incorporate real time data to serve our customers personalized promotions
There are many other tools that deliver personalized content to the customers and each tool has its strengths and weaknesses.
No
  • Existing Relationship with the Vendor
  • Analyst Reports
exiting relationship with Monetate is excellent. Monetate has been collecting valuable data of our customers for quiet some time now which allow advance targeting.
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