Burlingame, CA – June 24, 2002 – Coremetrics, the
leading web services provider of marketing analytics solutions,
today announced that CompUSA (www.compusa.com)
has selected Coremetrics Marketforce to increase the
company's online revenues and gain valuable insight into the
behavior of all online visitors and customers. Coremetrics
Marketforce is 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. CompUSA
will leverage the outsourced Coremetrics Marketforce solution
to improve marketing effectiveness, enhance site design and
optimize the online customer experience.
"Coremetrics Marketforce offers a robust combination
of dynamic clickstream reporting, ad hoc segmentation capabilities,
cutting-edge site effectiveness metrics and lifetime customer
value analysis," said George Coll, vice president of
eCommerce for CompUSA. "We selected Coremetrics because
of the potential for their LIVE Profile technology to help
us take a major step forward in our marketing, site design
and merchandising initiatives. With the Marketforce solution,
we will be able to drive increased online profitability while
developing an iterative business process for analyzing and
optimizing all our acquisition and retention marketing efforts
online."
Coremetrics Marketforce will be supporting CompUSA's multi-domain
Internet presence with deep clickstream and marketing analytics
capabilities, enabling CompUSA to achieve a unified view of
all customer and visitor activity across their multiple online
properties. This unified view of clickstream behavior will
allow CompUSA to improve their customers' experience across
all affiliated sites, while detailing the effectiveness of
specific marketing channels in driving online revenue. Deployed
within weeks to deliver immediate ROI, Coremetrics Marketforce
is a managed solution that requires no new hardware or software.
"Leveraging our LIVE Profile technology, we will deliver
to CompUSA accurate and comprehensive information about every
single visitor and customer on their web site, from the very
first acquisition source all the way through to detailed clickstream
analysis and actionable lifetime value analysis," said
Scott Kauffman, president and CEO of Coremetrics. "Coremetrics
clients have used Marketforce to increase purchase conversions
by more than 30%, improving email campaign effectiveness seven-fold,
and reducing home page departures by one-third. With the growing
strategic importance of their online business, CompUSA is
poised to take advantage of our system and achieve impressive
business process improvements across the enterprise."
About CompUSA
CompUSA Inc. (www.compusa.com),
Where America Buys Technology, is one of the nation's
leading retailers and resellers of personal computers and
related products and services. CompUSA Inc. currently operates
220 CompUSA Computer Superstores in 90 major metropolitan
markets across the United States that serve retail, corporate,
government and education customers and includes technical
service departments. Many of the stores include classroom
training facilities.
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 Marketforce 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 Ann Taylor, 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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