COMPANY

Particular Audience

Particular Audience is a retail SaaS for search, personalisation and retail media monetisation.

Analyst Perspective

Particular Audience is the trading name of Anamantic Pty Ltd, an Australian B2B software company focused on commerce discovery, personalisation and retail media for retailers. Its core platform, DiscoveryOS, combines on-site search, recommendations, merchandising controls, analytics, pricing and sponsored product advertising into a modular platform used by retail and e-commerce teams. The business sells software to enterprise retail customers rather than to consumers directly. The company makes money primarily through enterprise software licensing for its discovery and commerce modules, with additional revenue likely tied to retail media usage, advertising activity and related managed or implementation support. Its customers are retailers, retail media operators, merchandising teams, pricing teams, engineering teams and, in some cases, brand advertisers using retailer-owned media environments.

Analyst Signal Briefing

No strategic news signals detected in the last 90 days.

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Category Differentiation

This is a B2B retail commerce software vendor, not a consumer shopping app or a general-purpose ad network. It is best distinguished from broader retail media incumbents by its combined focus on search, personalisation and on-site monetisation.

Particular Audience: About

The company operates a B2B SaaS model centred on helping retailers improve product discovery and monetise on-site traffic. It creates value by unifying search, recommendation, merchandising, pricing and retail media capabilities in one platform, allowing retailers to drive conversion, basket growth and advertising revenue from first-party commerce environments.

How Particular Audience Works & Monetises

Business model analysis and core revenue streams

Monetisation appears to combine enterprise SaaS subscription or platform licence fees for DiscoveryOS and related modules, usage- or outcome-linked pricing for commerce optimisation products, and retail media revenue participation or take rates linked to sponsored placements and supplier-funded campaigns. The company may also earn supplementary fees from implementation, configuration and managed support around retail media operations.

Revenue Channels

Discovery and personalisation platform licencesSaaS / software subscription
Retail media platform revenuePercentage take-rate on advertising spend or supplier-funded campaigns
Analytics, pricing and merchandising modulesModule-based SaaS upsell
Implementation and managed supportService fee / retainer

Recent Signals (Particular Audience)

https://martechseries.com/feed/Jun 29, 2026

Report: Retailers Must Own Retail Media AI Decisioning

Particular Audience published an industry guide, "Retail Media AI Architecture: From Prediction to Decisioning," arguing retailers have roughly two years to establish control over the AI decisioning layer that will determine how products are surfaced and monetised inside LLM-driven commerce experiences. The guide defines five architectural layers (Causal Measurement, Predictive Models, Decisioning Systems, Generative Interfaces, Agentic Orchestration), warns that exposing raw catalogues to third‑party LLMs risks retailers becoming inventory in others' auctions, and recommends building or buying a decisioning/control layer and participating in open standards such as the Model Context Protocol (MCP). The article includes quotes from Particular Audience CEO and founder James Taylor and background on Particular Audience’s positioning and offices.

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https://martechseries.com/feed/Apr 9, 2026

Particular Audience Promotes Langton McCombe to Sales Director, North America

Particular Audience promoted Langton McCombe to Sales Director, North America. McCombe joined the company in 2019 and has progressed through multiple internal roles; he relocated from Sydney to Vancouver to lead Particular Audience’s US market entry during the COVID-19 pandemic. In his new role he will manage commercial and client delivery efforts across North America to grow retail partners’ revenue and adoption of PA’s personalization and retail media solutions. Particular Audience positions itself as an AI-native retail media and personalisation platform, operating DiscoveryOS and working with retailers including Target, The Good Guys, Petbarn, Hamleys and Hotel Chocolat. The company supports open standards such as the Model Context Protocol (MCP).

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https://martechseries.com/feed/Mar 5, 2026

Particular Audience Unveils Game-Changing AI Search Testing Tool

Particular Audience announced Search Model A/B Testing, a new capability that lets retailers A/B test and govern the AI models driving on-site search and sponsored results. The feature extends the company’s Adaptive Transformer Search (ATS), introduced in 2023, which the vendor says reduced zero-result searches for clients to below 0.5% (industry average ~20%). The new release enables retailers to compare model architectures, sentence embedding structures, foundational LLMs, and reinforcement-learning training data (real and synthetic) against commercial metrics such as conversion, average order value, margin contribution and zero-result rate. Particular Audience positions the capability as a way to unify organic and sponsored relevance, create new monetizable long-tail inventory for Retail Media Networks, and move retail media toward intent-level optimization rather than keyword bidding. James Taylor, Founder & CEO, framed the change as turning an opaque relevance algorithm into a governed, testable decisioning layer.

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Particular Audience: Frequently Asked Questions

What is Particular Audience?

Particular Audience is the trading brand of Anamantic Pty Ltd, which sells software for retail search, personalisation, merchandising and retail media.

Who uses Particular Audience?

Its users are mainly enterprise retailers, e-commerce teams, retail media operators, merchandisers, pricing teams and related engineering teams.

How does Particular Audience make money?

It primarily earns revenue from enterprise SaaS licensing, with additional monetisation likely from retail media take rates, module upsells and service fees.

Company Facts

Founded
2019
Headquarters
Australia
Core Segment
AdTech Vendor
Company Size
501–1,000