STOCK TITAN

SOCi Chosen by Rent-A-Center to Localize their Digital Marketing Presence in the Omnichannel Shopping Era

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Rent-A-Center has selected SOCi as its localized marketing platform to enhance digital marketing across its 401 franchise locations. This partnership aims to optimize community engagement and improve local digital presence in response to the shifting retail landscape due to COVID-19. SOCi's tools will empower franchisees to manage social media and reputation effectively. With SOCi managing over 600 enterprise brands, this collaboration signifies a strategic move to capitalize on localized marketing opportunities in an increasingly competitive market.

Positive
  • Partnership with SOCi enhances Rent-A-Center's local marketing to over 400 franchise locations.
  • SOCi empowers franchisees with tools for better social media and reputation management.
  • Collaboration aligns with growing demand for localized digital marketing solutions.
Negative
  • None.

Leading omnichannel lease-to-own company uses SOCi to unlock localized and franchise digital marketing

SAN DIEGO, July 6, 2022 /PRNewswire/ -- Rent-A-Center, the leading dedicated lease-to-own retail channel for durable goods such as furniture, electronics, and appliances, named SOCi its localized marketing platform of record.

The partnership between SOCi and Rent-A-Center exemplifies where multi-location, online-to-offline marketing is headed and what retailers are looking for from digital marketing solutions as they seek to gain market share in the omnichannel shopping era.

"COVID accelerated the localized movement in digital marketing, making it more important than ever for multi-location businesses to optimize their local presence in search and social channels while doubling down on local customer care and reputation management," said SOCi founder and CEO Afif Khoury. "Rent-A-Center will leverage our award-winning platform to customize its local marketing in each of its more than 400 franchise locations, and optimize its reach and engagement in every community."

COVID caused a scramble among national retailers, forcing them to swiftly identify solutions that would help brick-and-mortar locations and franchisees get digital marketing up and running. Now, nearly two years after March 2020, retailers are carefully evaluating opportunities to power digital marketing for the long term, looking to localized solutions that will help individual locations not just cover the digital basics, but capitalize on connections to their communities to unlock the benefits of multi-location marketing.

For Rent-A-Center, the distinctive features of a top vendor in multi-location marketing were ongoing, robust customer support; the ability to meet almost all the retailer's needs; plug-and-play design; strong training; and on-demand reporting. With targeted digital tools, Rent-A-Center's hundreds of local operators are talking to the customers in their own communities and leveraging those relationships to craft a more positive customer experience.

"Our franchisees want the opportunity to have direct impact in the marketing in their respective markets," said Rent-A-Center director of franchise marketing Christopher Say. "Using SOCi gives them the opportunity to own their backyard from a social media and review management standpoint."

Rent-A-Center rolled out SOCi to its 401 franchise-owned stores, empowering local operators to  optimize social and reputation management as well as social advertising across platforms like Facebook and Google Business Profile (formerly Google My Business). For SOCi, which earlier this year raised $80 million in funding and acquired localized marketing company Brandify, the partnership with Rent-A-Center is consistent with goals to become the marketing platform for multi-location brands. SOCi now represents over 600 enterprise brands and with more than 3 million business locations under management.

Multi-location marketing and other sectors of martech are increasingly crowded, and the urgency to connect every retail location with local customers online has never been greater. Rent-A-Center and SOCi's partnership is an example of how retailers are navigating those challenges and what they're looking for in a partner to help them do just that.

About Rent-A-Center, Inc.

Rent-A-Center, Inc. (NASDAQ: RCII) is a leading provider of technology driven, flexible, no debt obligation leasing solutions that offer underserved consumers access to and potential ownership of high-quality durable goods that enhance the quality of life. The Company's omnichannel model utilizes proprietary data and technology to facilitate transactions across a wide range of retail channels including its own Acima virtual lease-to-own platform, Rentacenter.com, e-commerce partner platforms, partner retail stores, and Rent-A-Center branded stores. For additional information about the Company, please visit our website Rentacenter.com or Investor.rentacenter.com.

About SOCi

SOCi is the marketing platform for multi-location brands. We empower businesses like Ace Hardware, Sport Clips, and Anytime Fitness to scale marketing efforts across all digital channels in a way that's brand directed, locally perfected, and data connected. As one central place to scale marketing, SOCi makes the impossible possible by enabling top brands and their locations to strengthen and scale their digital presence across limitless local search and social pages while protecting what matters most, their reputation. For more information on how SOCi can help fuel your localized marketing success - visit us at www.meetsoci.com or message us at hello@meetsoci.com.

Media Contacts

Avery Nunez
BLASTmedia for SOCi
soci@blastmedia.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/soci-chosen-by-rent-a-center-to-localize-their-digital-marketing-presence-in-the-omnichannel-shopping-era-301581435.html

SOURCE SOCi

FAQ

What is the significance of Rent-A-Center partnering with SOCi?

The partnership aims to enhance localized digital marketing efforts across over 400 Rent-A-Center franchise locations, improving community engagement and presence.

How will SOCi's platform benefit Rent-A-Center franchisees?

SOCi's platform allows franchisees to manage social media and reputation more effectively, enabling them to directly impact marketing in their local markets.

When did Rent-A-Center announce its partnership with SOCi?

The partnership was announced on July 6, 2022.

What does SOCi's platform focus on in the context of Rent-A-Center's marketing?

SOCi's platform focuses on optimizing local presence and customer engagement in search and social channels for Rent-A-Center.

What is the aim of localized marketing for Rent-A-Center?

Localized marketing aims to enhance Rent-A-Center's connection with communities, improving customer experiences and driving sales.

RCII

:RCII

RCII Rankings

RCII Latest News

RCII Stock Data

1.49B
45.93M
11.07%
89.71%
10.02%
Rental & Leasing Services
Industrials
Link
United States
Plano