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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

Monetate review

7 out of 10
June 27, 2024
Incentivized
Alongside our 3rd party agency, we use Monetate to improve the customer journey on the [...] website. We also use the platform to promote …
Continue reading

Monetating or not?

8 out of 10
June 26, 2024
Incentivized
We often perform A/B testing of copy and campaigns to see what generates more user acquisition or retention. As an example, we could be …
Continue reading

Monetate Review

6 out of 10
June 26, 2024
Incentivized
A/B Testing experiences and QA.
I use it personally for design QA on new experiences. And for A/B/Multivariant testing, and analysing …
Continue reading

Good A/B testing tool!

6 out of 10
June 25, 2024
Incentivized
We currently use Monetate as our primary A/B testing tool for merchandising test functions; one example we have utilized Monetate for is …
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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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Awards

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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

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  • 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 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 Dynamic Yield are common alternatives for Monetate.

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

The most common users of Monetate are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(185)

Attribute Ratings

Reviews

(1-25 of 112)
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Score 8 out of 10
Vetted Review
Verified User
Incentivized
Monetate is mostly used in our organization for preparing a feed for the customers to show recommendation rails to the customers.
The business problem it solves is to help in recommending better relevant products on the customer's feed which gives a better exposure to different kinds of products.
  • Collecting user interacted / bought products
  • Recommending relevant products on customer's feed
  • Giving a better exposure to different kinds of products
  • There should be an option to configure Monetate experiences for pre-prod environment
  • Datasets page is too slow to load, irrespective of the network
  • Should be an easier way of changing attribute datatypes in a dataset
Monetate is well suited for promotional banners, offer strips, recommendation rails.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Monetate has allowed us to scale our AB testing program to an impressive system that flexes to our needs. It has allowed us to break out of the box of an inflexible CMS to create new and dynamic site experiences that serve our customers better. The lightbox experiences has been particlarly powerful in accelerating our on site personalization and conversion goals while our site itself is in flexible in some areas.
  • A/b testing
  • Audience targeting
  • personalization
  • Analytics flexibility in tool
  • engagement rate calculations
  • Experiences that can be built by business users
If you need a third party for testing, Monetate is a great way to scale quickly. It also has a laundry list of ways to target users, by location, behavior, or actions that lets you kick off a personalization program out of the box. We are also encouraged by the potential is has to help scale our personalization program with integration to a third party CDP.
June 27, 2024

Monetate review

Score 7 out of 10
Vetted Review
Verified User
Incentivized
Alongside our 3rd party agency, we use Monetate to improve the customer journey on the [...] website. We also use the platform to promote promotions such as badging and html text. We are in the process of testing recommendations through the platform.
  • Easy to load badges onto products
  • Setting up an experience is straightforward
  • Can easily pause experiences in the main dashboard
  • platform colours are dull
  • assign a web experience a colour tab
  • Be able to schedule a change to a current experience to go live instead of setting up a new experience
testing social proofing
June 26, 2024

Monetating or not?

Score 8 out of 10
Vetted Review
Verified User
Incentivized
We often perform A/B testing of copy and campaigns to see what generates more user acquisition or retention. As an example, we could be testing what generates more orders, free product with orders or % discounts with orders and we use Monetate to test something like that. Monetate provides great fixed KPI monitoring to help us make decisions on which test is more successful, even multivariate tests, to help us pick the best option to default.
  • A/B Testing
  • Multivariate Testing
  • KPI Monitoring
  • Change monitoring
  • Multiple tests in parallel
  • Changing test parameters after launching the test
  • Recording some user sessions that are part of the tests
  • Providing user insights for example demographics (if possible)
Scenarios where Monetate is well suited:
- Setting up simple A/B tests
- Where tech team doesn't have bandwidth to get involved, Monetate is pretty simple and PMs can easily get onboarded on it
- Making admin changes to integrated products

Scenarios where Monetate is less approprioate:
- Setting up bigger A/B tests that go across multiple components of a website
- Where dev involvement is too high
June 26, 2024

Monetate Review

Score 6 out of 10
Vetted Review
Verified User
Incentivized
A/B Testing experiences and QA.
I use it personally for design QA on new experiences. And for A/B/Multivariant testing, and analysing metrics / user behaviour.

  • Metric reporting
  • A/B Testing
  • More guidance, how to's, documentation
  • UI / usability improvements
  • Interface can be difficult to interpret and find what you are looking for
  • Takes a long time to learn how to use, this could be improved with better documentation & improved interface to make actions easier
It's a powerful tool for managing and monitering customer facing experiences that can handle and assess data and metrics. However, the interface is not user friendly, there are many stakeholders within the business who use Monetate, many of whom are not advanced tech users, with limited knowledge in processes and terminology. Monetate would benefit in catering for these users also.
Score 6 out of 10
Vetted Review
Verified User
Incentivized
We currently use Monetate as our primary A/B testing tool for merchandising test functions; one example we have utilized Monetate for is testing how lister page recall sets differ when presenting in-stock collection items higher up the page. Recently, we have also explored using Monetoate as our recommendation tool. It allows for more complex strategy setting and slotting of strategies, which is more comprehensive than our current tool. Monetate has helped address issues with single-line transactions where recommending the right products on the way to checkout increases our units per order.
  • Slotted recommendations strategy.
  • Standard Deviation scoring of A/B testing.
  • Results dashboard.
  • Training and documentation.
- More complex recommendation strategies - Multi Varient Testing: A/B/C/D etc.
Score 6 out of 10
Vetted Review
Verified User
Incentivized
Our organization is using Monetate predominately for product recommendations carousels. We use both dynamic and manual strategies on our product description pages to expose a wider breadth of products to our customer. Whether that be showcasing items from 'the same artist' or 'people also browsed' or 'viewed also viewed', these carousels help alleviate the process of adding manually merched carousels in a dynamic and optimal way.
  • alleviates manual lift for our team
  • tracks insights of all tests we are running in one place
  • setting up strategies and experiences is a timely matter, would love to see a more streamlined or 'smart' in the future
Monetate has been very useful for our team on our prodcut description pages as well as in our email sends. creating product reccs carousels or grids is very useful and dynamic and helps save our team hours or manually selecting
September 05, 2023

Ease of use

Score 7 out of 10
Vetted Review
Verified User
Incentivized
I think Monetate is very useful for testing. No issues with the system. Clear and easy to use with support and manuals
  • Ease of use
  • banners
I think it's great for AB testing, when you may not have other systems that can use this. In my experience, the Support team are very helpful.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
We primarily use Monetate for A/B testing and PDP personalization. We have found Monetate helpful in testing new layouts on our home pages.
  • Customer Segmentation and Targeting.
  • Very Customizable in its capabilities.
  • High-level reporting.
  • Very HTML-heavy in some aspects.
  • HTML module selector is not always accurate.
  • Masking can be difficult to figure out.
Monetate is great if you already have an understanding of HTML and CSS. In that case, it can be very useful and customizable on a brand-by-brand base. However, it is a bit tricky for those who do not have previous HTML and CSS experience to pick up.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Monetate to drive our A/B testing program that helps us test customer-centric hypotheses. Landing page optimization and personalization recommendations are the top priorities. The long-term roadmap is to create a more dynamic and real-time personalization using Monetate
  • Segment user for AB testing
  • Personalized recommendation
  • Inject campaign based creatives
  • Scope for Automation and real-time integration with Web
  • Masking can be difficult to figure out
  • Need a longer learning cycle for users to leverage all the capabilities available in the suite
It is very easy to set up AB tests based on the overall population and can use improvements in setting up personalized and dynamic segmentation. Audience segmentation is relatively painless. They provide a robust way to granularly target visitors by device type, location, weather, demographics, etc.
Erik Ickes | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Monetate to customize our site based on known personas within the education sector (teachers, administrators, district buyers) and to market our geographically specific workshops to visitors within range of an event.
  • Easy to use interface.
  • Seamless for the end user.
  • SEO is not affected.
  • Personalized site means greater retention and interest.
  • Doesn't always work with active or JS controlled elements on the site.
  • We use a lot of support hours to implement experiences.
It's great for straightforward swapping and moving of elements and has a nice set of pre-built experiences that make it ready right out of the box. There is also very little setup involved.

We haven't found it that effective for converting for revenue in our market but we are not in a traditional e-commerce business. A normal retail site would see bigger benefits that we do.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use Kibo Monetate as a personalization, A/B testing, and recommendation. Every day we test a lot of variables to improve our results over the internet, seeking to provide the best experience to every customer that gets in touch with our brand; it's a powerful solution to remove any road blockers.
  • Product recommendation
  • A/B Testing
  • Personalization
  • It needs to be easy to integrate with other platforms
  • It can be easier to use
It seems to be more appropriate for brands who want to expand and improve their business, seeking the best experience for their customers, improve the product recommendations, it's very appropriate for those who wants to grow the business, for those who needs a very good support and starting on the growth methodology.
April 18, 2023

Quick overview

Score 8 out of 10
Vetted Review
Verified User
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 to understand & enhance customer behaviour & provide best customer experience
  • Personalisation
  • Testing
  • Segmentation
  • Targeting - making it easier to target experiences from specific channels
  • Product Recommendations - based on specific customer behaviour
Monetate is a great solution to enhance customer experience on site through personalization and customer segmentation, we've been able to feed our audience data into the platforms for various inclusion & exclusion lists
Score 2 out of 10
Vetted Review
Verified User
Incentivized
I mostly use Kibo for creating personalized offers and A/B tests. Mainly looking to champion between different asset creatives and placement on the page, to determine the winner.
  • A/B test
  • CMS
  • A/B majority fit
  • EVERYTHING!!!
  • Customer support
  • Platform functionality and accuracy of data
This tool was a great help when used as CMS - I.E.: when we need to quickly make content changes and schedule the updates for a certain time/ date. The downside to this is that there is always a flicker - the time to load the new asset is slow to load so that the user will initially see the existing page. The overall page performance will decrease with the number of tests/ Monetate experience running on the page. The overall platform is pretty difficult to use in my experience. Lastly, the accuracy of their analytics dashboard is really hard to trust.
March 22, 2023

Happy User!

Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Product recommendations
  • A/B Testing
  • Hot Fixes
  • Intuitive guide to creating experiences
  • Beta reporting quality
When hot fixes are needed for website appearance and user experience, and the time and resources needed from internal developer teams is not optimal, Monetate services come to the rescue. The various product recommendations options are in constant use and provide tangible results in traffic and revenue. Lastly, messaging on pages, banners and headers and especially A/B testing, bring even more value to this service. We couldn't succeed without it.
Score 2 out of 10
Vetted Review
Verified User
Incentivized
It was on-boarded at my current company before I started, to improve customer experience and test conversion rate optimisation hypotheses.

Experiences were set up to improve product discovery, increase use of site search and to improve conversion through promotional periods.
Some a/b tests were enabled, however the majority of experiences on site had no control, so we had no comparison or variance data.
  • Tested a variety of theories
  • Created experiences focused in different parts of the website, homepage, PLP and PDP
  • Little to no analysis provided by CSM on experiences
  • A lot of experiences were created without a control, so there was no data comparison to give clear insight
  • Shocking communication, often over promised and under delivered
  • Found the Monetate dashboard hard to use, confusing and unclear where to find key information
  • Unfortunately with such lack of support, we were unable to create any experiences independently
Unfortunately we had a really poor experience with Monetate. Unprofessional, poor communicators and provided no analysis and insight into experiences and tests after I asked multiple times. The platform is quite overwhelming and setting up an experience involves the user going into several different sections on site. Overall, would not recommend them after the experience we had.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We primarily use Monetate for A/B and dynamic testing on many facets of our eCommerce site. We also use the platform to set up targeted experiences for specific user groups.
  • A/B Testing.
  • Custom Targeting.
  • Intuitive user interface.
  • Lack of information in the Knowledge Base.
  • Prior experience with coding (HTML, CSS, Javascript) is a huge asset to use the Action Builder tool.
  • The queue to speak with developers to help set up a test or confirm an account setting is very long.
We use Monetate primarily for testing and setting up 100% experiences. We run multiple A/B tests and dynamic tests each month to great success and new learnings. Additionally, if we need to change site content for specific visitors for a short period of time, we use Monetate's 100% experiences to take over a section of site content. We use this the most often when targeting visitors who come to the site from a specific campaign UTM. We do not use Monetate to track sitewide behavior and analytics, even during a testing window. For example, when running a test on the Hamburger menu, we do not have a straightforward way to Monetate to see how those visitors behave during the rest of their time on site. Essentially, it can be tricky to see the detailed full-funnel effect of a test variant. For that information, we often turn to a third-party analytics platform like Google Analytics.
February 28, 2023

Monetate Review

Score 10 out of 10
Vetted Review
Verified User
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 help us increase traffic on the site, how many users complete a goal and also decrease the bounce rate of users.
  • Targeting. We get to target different branches across the UK and also we can target users whether they are logged in or not.
  • Quick Win. Changing something as a reactive response is super easy with Monetate and saves us going into our CMS.
  • Analytics. We can see our each of our events perform.
  • In my opinion, the only thing I would change is finding the right blog/help guide to use.
Monetate is a great way of targeting the customers you want to complete a specific conversion.
Richard Zuess | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Thanks to the help of this program I have been able to generate an impact on different websites, Monetate is not just any program that supports the creation of a marketing campaign but also helps in the best way to build an adequate administration of each of these elements to give your company a greater presence with effective and completely professional tools that currently exist, our experience has been great thanks to the customization that we have in our hands.
  • We do not know of another program that gives greater solidity to all your administrative content on the web, this program promises greater control to all its users in the cloud.
  • We can work as a group on the web thanks to Monetate, part of our mission is to work comfortably from our mobile devices and share our content immediately.
  • I like Monetate because of the multiple aspects that I can modify to my liking as well as download them to work without depending on a Wi-Fi network.
  • Time is required to be able to achieve the objectives with this program, since it is not very easy to use and run it in its best version.
  • It is very important to train before implementing this program, since its interface becomes much more complicated with each update, this can be improved by making it much more organic and simple.
  • This program still has a lot of potential to exploit and to generate a better management for the exhibition of our products, it can be a bit complicated to show the product on the web without limitations with the image.
Monetate is a fully functional space to generate multiple marketing campaigns for your company on the web, many of the functions found in this program are a contribution to manage your content correctly and give it the space you are looking for, we We recommend it one hundred percent. We feel very comfortable with everything we have been able to achieve thanks to this program.
Score 4 out of 10
Vetted Review
Verified User
Incentivized
My team implemented Monetate for our eCommerce sites at my company. The primary focus is as an AB testing tool, and Personalization is the secondary focus. We partner with marketers, merchandisers, site ops, and UX to implement changes through AB testing to better understand our consumers and what they respond to. Testing has been instrumental in quantifying the financial impact of various vendors we implement on our site, as well as knowing what features better support customer engagement.
  • Audience segmentation is relatively painless. They provide a robust way to granularly target visitors by device type, location, weather, demographics, etc.
  • Our CSM has been very engaged and detailed in supporting our partnership. She provides very prompt responses and clearly works hard to push the Kibo team when possible.
  • The User Interface to develop new actions is not terrible.
  • Supports Single Sign On, which is the preferred method of managing users at my organization.
  • In my opinion, the Automated Personalization feature is lackluster and I regret purchasing this feature. It does not have the flexibility to personalize by the variables I consider important in visitor segmentation - notably, not considering marketing channel as a predictor.
  • Monetate's development team is terrible. Turn over is high, we've gone through 3 dedicated developers in less than a year. Every one has shown ineptitude within their platform, regularly requiring months and quarters to find what should be common knowledge for folks to have access to the backend code base. They don't know their own documentation and have provided us with conflicting (re: wrong) information. Their failure here is the main driver in our considering other vendors.
  • There is a lot of nuance in their platform. Anything not done quite right will cause hours of headache to resolve. This was not the marketer friendly platform that was promised us.
  • In my opinion, Monetate has failed to provide testing and statistical expertise and guidance. We have scheduled 3 sessions with their statistics specialists, only to be given a marketing spiel, rather than specific explanations on how their algorithms work and should be implemented within tests as best practice. They have not shown any understanding on how to understand the results of a test and how to provide recommendations to leadership. We've gone through 2 strategy sessions that stopped because of turnover and have not picked up since.
  • Monetate does not have any integration with Adobe Analytics, our web analytics platform of choice. As a result, their generic implementation is STILL creating bugs and affecting our analytics tracking after 7 months of debugging.
Monetate touts their recommendation engine as their main driver in incremental revenue. Clients who want to focus on that may have better luck with this vendor. Our primary goal is AB testing. While the targeting capabilities are strong, everything after that has failed to meet the basic requirements of a robust testing platform.
Score 3 out of 10
Vetted Review
Verified User
Incentivized
We use Monetate for setting up and analyzing A/B testing and product recommendations on PDP and category pages. We also use it a bit off-label as a content insertion tool. I'm in the tool daily.
  • Product Recommendation Algorithm. Monetate does a great job of creating different algorithms that we use on our PDP pages as well as category pages. The tool has excellent machine learning capabilities and saves us a lot of time not having to hand merchandise the recommendation strategies.
  • Real-Time Analytics. We use Monetate for A/B testing and it's a great feature that we can see sessions/clicks in real-time.
  • Customer Support/ Tech support. It's extremely difficult for us to get timely responses from our representatives. It's not unusual for us to have to wait several days to get a response. In the 2 years, I've worked on our Monetate account, there has been almost constant turnover in employees which has required a lot of time for our account reps to get up to speed with our business. There's not a lot of transparency into our account rep's tickets with developers. Truly, it would probably be easier for us to directly contact the developers ourselves.
Monetate is well suited to an eCommerce business looking to add recommendations to its website. The algorithms are easy to understand and set up. It's also a great platform for A/B testing, as you can build the tests within Monetate without the need for setting up cookies. The testing analytics are available in real-time, as well as provide projected time to reach significance. For additional insight into the tests, Monetate can be linked with GA accounts, which allows us to dive deeper. We use it as a content insertion tool, which can be challenging as it's difficult to remove the flicker from experiences. We are aware that this use is a bit off-label, and while it's sufficient for our current needs, I don't think we'd recommend this platform for that use. The reason we rated the platform so low is our struggle with the customer service/ support end. It's very difficult for us to receive timely responses from support and we often feel as if our account is being ignored.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Kibo Personalization for all a/b onsite testing as well as targeting specific segments: geo-location, device type, etc. We have also used Kibo as an IT workaround when our internal site capabilities are limited and we need a change to the website done quickly with low effort.
  • A/B Testing
  • Targeting
  • IT Workaround
  • Able to be used by non-developers.
  • I wish it worked better with headless architecture. There has been frustration around it being able to easily identify elements on the page using the builder in a headless environment.
  • Would love for more proactive suggestions and QBRs like what was done in previous years at Monetate.
Kibo Personalization is great at allowing non-developers (marketers) to build simple tests without relying on IT resources. Simple things like lightboxes and banners are easily built and repurposed while more technical builds can be done by internal IT or Kibo Personalization technical resources. This allows for more tests to be built without trying to work all through the internal IT release schedule.
Score 8 out of 10
Vetted Review
Verified User
Our company uses Kibo's Monetate platform to run A/B testing and customer segmentation, allowing us to refine both our content strategy and product roadmap. Our activities in Monetate cover the entire funnel of our e-commerce site, from content through products and checkout. Monetate allows for very agile development and learning.
  • Extremely flexible campaign creation.
  • Very intuitive user interface.
  • Custom targeting based on internal datasets and site contents.
  • Helpful tech support.
  • While effective for personalization, there are limits to Monetate's ability to run personalization at scale.
  • Monetate has a limited ability to nest personalization inside A/B tests, for example, to test 3 pieces of content targeted to 3 customer segments vs. 5 pieces of content targeted to a separate breakdown of customer segments.
  • The ability to target a campaign to visitors who have seen a specific variant in another A/B test is lacking.
Monetate is incredibly effective at A/B testing in a variety of scenarios, from the location and display of content to more advanced changes that can be built in Javascript. Monetate also makes it extremely easy to run successfully tested experiences while the product and content teams work through their backlogs of fully implementing them. I do not have experience using Monetate's product recommendations.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Kibo/Monetate here on a daily basis in order to deliver optimized journeys to all our users. Monetate feeds our core usability testing purposes, be AB testing or using AI to dynamically allocate users to winning variants. We also use Kibo product recommendations across the site which have been a massive contributor to our customer's engagement.
  • Multivariant Testing.
  • Product Recommendations.
  • AI Personalisation.
  • More Flexibility with recommendations logics.
  • More involvement with experience planning and strategy.
  • More events to keep up with what other companies are utilising monetate to achieve.
In terms of multivariant testing, it is probably one of the most flexible and powerful tools I've used. It's really easy to quickly tweak and change site elements without the need for any coding knowledge. Should you have coding knowledge the tool is even more powerful. The only criticism would be allowing conditional logic in their recommendations engine, i.e. allowing certain logics to fire over others based on what the user is looking at/has carted.
April 01, 2022

Impressed so far.

Score 7 out of 10
Vetted Review
Verified User
Incentivized
We use Certona to provide product recommendations to customers, in an attempt to increase spending & provide suitable additional options.
  • Recommend products.
  • Provide related products.
  • Out of stock products recommended.
  • Un-related recommendations.
I think the tool is really good and has great potential. Just we often find irrelevant products being recommended also out of stock.
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