New XML & Java-Based Architecture Enables Client-Specific Reporting, Integrated LIVE Profiles, and Ability to Import & Export Data into Third-Party Systems
Burlingame, CA - May 6, 2002 - Coremetrics, the
leading Web services provider of marketing analytics solutions,
today unveiled Coremetrics Marketforce, the industry's
only marketing analytics 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
leverages a new XML and Java-based architecture to deliver
client-specific reporting; integration of LIVE profiles in
clickstream, merchandising, and campaign reporting; and the
ability to easily import and export data into 3rd party systems.
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.
"Since inception, we have been fortunate to work with
the world's most sophisticated marketing companies and have
consistently demonstrated our ability to leverage new market
developments," said Scott Kauffman, president and CEO
of Coremetrics. "Today, our clients know that all successful
marketing efforts are based on rich profiles of visitor and
customer behavior, and Coremetrics Online Analytics is the
only solution that natively captures every single click a
customer or visitor makes on a Web site and stores that data
in unique profiles. Our clients have moved well beyond basic
metrics and site hits, and are working with us to build a
data asset of behavioral information that is giving them a
pronounced competitive advantage in the market."
About Coremetrics Online Analytics
Coremetrics Online Analytics is the industry's only online
marketing analytics platform that captures all customer and
visitor clickstream activity to build LIVE profiles that serve
as the foundation for all successful marketing initiatives.
The Coremetrics Online Analytics solution 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. Coremetrics Online Analytics is a
managed solution that requires no new hardware or software
and is deployed within weeks to deliver immediate ROI. Highly
configurable to effectively address the full range of online
business challenges, Coremetrics Online Analytics is composed
of six primary modules:
About Data Platform
The Core Data Platform is a hosted dynamic data warehouse
containing the most complete and accurate online customer
and visitor information available. Through a patent-pending
browser-based data collection technology, the Core Data Platform
gathers and stores behavioral information directly from the
visitor's browser and records interactions in real-time to
build LIVE profiles. LIVE profiles are the source of all Coremetrics
Online Analytics reporting and analysis, and are constructed
according to every client's unique specifications to match
their business imperatives. LIVE profiles can also be built
across multiple online properties operated by a single company,
allowing clients to observe how individuals behave across
all of their sites. All LIVE profiles are collected in a P3P-compliant
manner and private label visitor tracking opt-out functionality
is available.
About Reporting Suite
The Core Reporting Suite provides the fundamental reports
that every business needs to accurately measure and proactively
manage the day-to-day operations of its online channel. The
Core Reporting Suite delivers reports detailing top line performance,
marketing campaign effectiveness, merchandising statistics,
and Web site performance. With easy-to-use, actionable reports
and detailed campaign metrics, the Core Reporting Suite enables
the online marketer to improve customer acquisition, site
design, and online merchandising.
About Intelligence Suite
The Core Intelligence Suite further leverages the power of
LIVE profiles to provide lifetime customer metrics that significantly
enhance all campaign, referral, and search engine reports.
The Core Intelligence Suite also introduces measurement of
on-site keyword searches and promotions, enabling marketers
to analyze the results of marketing campaigns both inside
and outside their Web domains. Helping online marketers clearly
understand the behavior of visitors and customers over time,
the Core Intelligence Suite empowers e-commerce managers to
easily measure and optimize acquisition and retention programs
to increase revenues and customer lifetime value.
About Advanced Analysis
The Core Advanced Analysis module is a powerful suite of OLAP-based,
client-defined shopping path and segmentation reports that
give marketers the ability to leverage LIVE profiles for analysis
of marketing effectiveness, site efficacy, and individual
customer and visitor behavior. The Core Advanced Analysis
module allows online businesses to create ad hoc segments
of customers and visitors based on recency, frequency, monetary
value, campaign acquisition source, and a host of additional
behavioral attributes. Marketers can find out exactly how
segments of visitors and customers have browsed a Web site
by detailing specific products viewed, purchased, or abandoned.
Online marketers can also analyze the shopping paths of visitor
segments in unprecedented detail, highlighting back button
navigation and departures that lead to a higher shopping cart
abandonment rate or frustrating customer experiences. Any
visitor segment that a marketer defines can be analyzed in
granular detail at any time through Coremetrics Online Analytics'
intuitive Web-based interface, and utilized for targeted marketing
efforts that are seven to ten times more effective than campaigns
built with industry standard techniques.
About Partner Services
The Core Partner Services module leverages Coremetrics's business
partnerships to combine partner-specific data with LIVE profiles
for unprecedented analysis of visitor behavior. Core Partner
Services are designed specifically by Coremetrics to enhance
the data stored in the Core Data Platform and currently include
the Be Free Affiliate Service that allows a marketer to track
campaign performance by accurately assigning customer lifetime
value to every affiliate, and the Digital Impact Email Marketing
Service that feeds client email campaigns with high-ROI segments
of customers and visitors.
About Data Access
Core Data Access is a data import and export module that allows
businesses to import legacy data into the Core Data Platform,
correlating past online behavior to the rich LIVE profile
data. Core Data Access also allows clients to export LIVE
profile data from the Core Data Platform to Coremetrics partners,
business intelligence applications, internal data warehouses
and data marts, campaign management systems, and e-commerce
platforms. The Core Data Access module exports data through
regularly scheduled, automated, and secure XML-based data
uploads.
MyMarketforce
MyCoremetrics Online Analytics is a personalized reporting
service that enables client-specific views of any LIVE profile
data stored in the Core Data Platform. MyCoremetrics Online
Analytics is available to all Coremetrics clients and enables
e-commerce managers to view reports rapidly built to meet
the unique needs of their online marketing analysts.
"Coremetrics Online Analytics enables us to analyze marketing
efforts and overall Web site performance," said Jonathan
Kapplow, Corporate Marketing Manager at Hanover Direct. "We
are particularly interested in the success of email campaigns,
and Coremetrics Online Analytics' lifetime metrics help us
understand which campaigns deliver solid ROI. More importantly,
Coremetrics manages the data capture and storage on our behalf
so we can focus on our business of selling quality merchandise
online."
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 Marketforce
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.
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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