Autodesk Inc.

SheerID Expands into India to Serve Asia Pacific Market

Strategic Insights

Jul 30, 2024 — 1 min read

SheerID, a pioneer in identity verification for commerce, has set up a dedicated presence in India to cater to the Asia Pacific (APAC) region. This strategic move enables regional brands to acquire and verify millions of young adults and college students for exclusive offers. According to a Forrester study, SheerID's verified offers generated a significant 337 percent return on investment (ROI) due to increased revenue, reduced fraud, and enhanced customer experience. Brands such as Spotify, Autodesk, and Salesforce already utilize SheerID's Open Verification Platform in the region.

Key Takeaways:

SheerID has established a dedicated presence in India to serve the Asia Pacific (APAC) region, empowering regional brands to verify millions of young adults and college students for exclusive offers.
Exclusive offers verified by SheerID reportedly generated a 337 percent ROI due to increased revenue, reduced fraud, and superior customer experience, according to a Forrester study.
Brands like Spotify, Autodesk, and Salesforce are already utilizing SheerID's Open Verification Platform in the APAC region.
SheerID's investment in the APAC region allows brands to build direct relationships with Gen Z consumers, who are actively looking for exclusive offers.
President and Co-Founder David Shear will be speaking at India's ETRetail E-Commerce & Digital Natives Summit 2024 on September 4th and 5th, discussing personalized offers and secure customer verification.
SheerID's platform enhances the verification experience and provides brands with tools to build meaningful, direct relationships with Gen Z consumers.

Statistics:

337 percent ROI generated by exclusive offers verified by SheerID (Forrester study)
Millions of young adults and college students in the APAC region that SheerID is empowering regional brands to acquire and verify.
September 4-5, 2024: dates of the ETRetail E-Commerce & Digital Natives Summit 2024 in Bangalore, where David Shear will be speaking.
APAC region: the geographic market that SheerID is targeting with its new dedicated presence in India.

Sources:

Forrester consulting (market study)
SheerID (release)

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