Burlingame, CA – May 6, 2002 – Coremetrics, a
leading Web services provider of marketing analytics solutions,
today announced that the company is aggressively targeting
the business commerce market with marquee customers Grainger,
Northern Tool and Nortel Networks. Coremetrics services more
top 25 Internet retailers* than any competing analytics vendor,
and is targeting the business commerce market after achieving
leadership in the B2C retail space. Coremetrics is the leading
provider of outsourced marketing analytics solutions that
enable online marketers, IT officers, and e-commerce executives
to increase online sales, maximize marketing ROI, and optimize
site design.
Coremetrics provides Coremetrics Online Analytics, the industry's
only online marketing platform that captures and stores all
customer and visitor clickstream activity to build LIVE (Lifetime
Individual Visitor Experience) profiles of online customers
and visitors that serve as the foundation for all successful
marketing initiatives. Coremetrics Online Analytics empowers
top retailers like Columbia House, and leading business commerce
companies like Grainger and Nortel Networks to dramatically
improve online profitability and Web site effectiveness. Any
business with a significant investment in the online channel
can leverage the Coremetrics Online Analytics solution to
attract and convert high value visitors, optimize shopping
path design, and increase lifetime customer value. Coremetrics
Online Analytics is a managed solution that requires no new
hardware or software and is deployed within weeks to deliver
immediate ROI.
"We have worked closely with the world's largest retailers,
and have gained expert knowledge about the type of reporting
and analysis they need to increase online profitability,"
said Scott Kauffman, president and CEO of Coremetrics. "Companies
like Grainger and Nortel are a great testament to our unique
ability to provide perfect knowledge of the online channel
for any business that sells goods or services via the Internet."
About Coremetrics
Coremetrics is the leading Web services provider of marketing
analytics solutions, empowering companies to develop and act
upon a comprehensive understanding of all visitor and customer
interactions within their online channels. Coremetrics Online
Analytics is the industry's only online marketing analytics
platform that captures and stores all customer and visitor
clickstream activity to build LIVE (Lifetime Individual Visitor
Experience) profiles that serve as the foundation for all
successful marketing initiatives. Coremetrics Online Analytics
enables online marketers, IT officers, and e-commerce executives
to attract and convert high value visitors, optimize shopping
path design, and increase customer lifetime value. Customers
include The Columbia House Company, Grainger, GMAC Insurance,
Hanover Direct,and Nortel Networks. Coremetrics is headquartered
in Burlingame, California with research and development offices
in Austin, Texas. The company is privately held with funding
from Accel Partners, General Catalyst, and Highland Capital
Partners. To learn more about Coremetrics, visit the company's
Web site at www.coremetrics.com
or call 877-721-CORE.
* The Internet's top 25 retailers were identified in a report by comScore Networks from December 2001, and ranked on the basis of total sales during the sample period.
Coremetrics and Core Data Platform are trademarks of Coremetrics, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated.
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