40% of America 's 100 Largest Retail Web Sites Use Coremetrics
In an Industry Crowded with Options, One Web Analytics Vendor Rises to the Top
San Mateo, Calif.—July 19, 2006—Coremetrics™, the leading provider of on-demand Web analytics and precision marketing solutions, today announced that more of the Top 500 online retailers use Coremetrics than any other analytics provider. With 40% of the Top 100, Coremetrics continues to top the list of Web analytics providers with online retail clients in every category, including Abebooks, Bluefly, CompUSA, Coldwater Creek, Lamps Plus, Northern Tool, Odimo, The Sharper Image and The Yankee Candle Group. The Internet Retailer Top 500, published annually, is the industry's definitive ranking of America 's largest e-retailers.
Further analysis of this year's list reveals that 36% of the retailers with the largest growth in dollars, including brands such as 1-800-Flowers, Abercrombie & Fitch, Circuit City, Costco, Office Depot, Oriental Trading Co., Staples and Williams Sonoma, are using Coremetrics. Through targeted, comprehensive analysis of online customer behavior, Coremetrics' clients are maximizing returns from their digital marketing strategies and driving revenue growth by optimizing the efficiency and performance of their sites. Over the past two years alone, Coremetrics has delivered more than $300 million in documented ROI to its client base.
"This year's list proves once again that Coremetrics is a 'must-have' for online retailers when looking for effective ways to increase site conversions and drive revenue growth," said Joe Davis, president and CEO of Coremetrics. "The online sales channel is growing at an astounding rate. Our years of experience and expertise in the e-retail market positions Coremetrics to offer a breadth and depth of tailored services and best practices that is unrivalled in the industry. We're committed to helping our clients derive maximum value from their online presence, including support for rapid growth areas such as search engine marketing. Once again, we're pleased that Internet Retailer has recognized so many of our clients as leaders the rapidly expanding eCommerce arena."
Coremetrics is the only Web analytics vendor to offer a solution tailored specifically to the online retail market, and delivers the most comprehensive set of best practices and metrics for eCommerce businesses. Coremetrics' LIVEmark offering delivers robust benchmarking services, and partnerships with more than 40 leading suppliers of search engine marketing, email marketing, rich media, surveys and testing services deliver seamless integration of clients' diverse platforms. In addition to its retail offering, Coremetrics' portfolio includes customized solutions for the financial services, travel, and scholarly publishing industries.
For more information on this year's Internet Retailer Top 500, please visit: http://www.internetretailer.com/top500. This year's list was based on online retail sales volume throughout 2005. Statistics compiled for the Internet Retailer Top 500 found that the Top 500 online retailers accounted for 63% of all online sales in 2005. As a group, the Top 500 grew their online sales by 28.5% compared to 19% for all other e-retailers.
About Coremetrics
Coremetrics is the leading provider of on-demand web analytics and precision marketing solutions, offering the industry's only web analytics platform that captures and stores all customer and visitor clickstream activity to build LIVE (Lifetime Individual Visitor Experience) Profiles. Representing the single most accurate and comprehensive source of online customer data, LIVE Profiles serve as the foundation for all successful digital marketing initiatives. Coremetrics services more than 600 brands and has delivered over $300 million in documented ROI in the past two years. Coremetrics is also the integrated web analytics solution for IBM WebSphere Commerce, delivering a best-of-breed multichannel business analytics solution. The company is privately held with funding from Accel Partners, FTVentures, and Highland Capital Partners and is headquartered in San Mateo , California . To learn more about Coremetrics, visit www.coremetrics.com or call 877-721-CORE.
Coremetrics has strongly supported online privacy since its inception. To learn more, visit www.coremetrics.com/privacy.
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