New York, NY – November 18, 2002 – (@d:Tech Booth # 334)
- Coremetrics, the leading web services provider of marketing
analytics solutions, today unveiled the Marketing Management
Center, the industry's first independent unified measurement
solution that leverages auto-sensing technology to seamlessly
detect, measure and compare the performance of all keywords,
banners, affiliates, portals, and e-mails in a single, sortable
interface. The Marketing Management Center provides marketing
departments with unbiased success metrics for all online advertising
channels, allowing them to adjust and renegotiate marketing
expenditures and vendor deals based on real performance and
actual revenue derived from each program. The Marketing Management
Center requires no incremental setup and maintenance, and employs
a company's own unique marketing hierarchy to expose poor placements,
highlight under-performing keywords, and identify low-ROI portal
deals to ensure that marketing expenditures are always allocated
to achieve the highest possible return.
"We are extremely excited about the Marketing Management
Center because it will give us consistent data that we can use
to negotiate payments based on performance," said Heather
Blank, Director of eCommerce Marketing & Business Development
at PETCO. "We need to understand the revenue impact of
our search engine campaigns to determine which vendors deliver
high value customers, rather than spending our time measuring
traffic patterns or clickthrough data. We are already using
the Marketing Management Center to track over 1,500 keywords
and 6,000 SKUs, and are pleased with the intuitive interface
and consistent metrics used to gauge performance. Coremetrics
is solving a real problem for our company by helping us reduce
advertising costs through cross-vendor comparisons, while also
saving us a tremendous amount of time associated with measuring
our marketing programs. We believe this is an innovative and
necessary solution for any company running digital advertisements."
The Marketing Management Center is a new module within Coremetrics
Marketforce that leverages auto-sensing technology to
seamlessly track and measure performance of all keywords, banners,
affiliates, portals, and emails in a single, sortable interface
that is organized according to a company's own hierarchy of
marketing programs. 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.
The Marketing Management Center enables comparison, optimization,
and revenue-based pricing for all online marketing initiatives
by providing easy access to accurate, unbiased performance metrics
for thousands of simultaneous marketing programs. The Marketing
Management Center module includes:
Unified Measurement: All programs and vendors are measured
with identical metrics in a single system, allowing clients
to reduce costs by easily comparing vendors and dropping under-performing
placements. Metrics such as clickthroughs, visits, conversion
rates, resulting same-session sales and user-configurable follow-on
period sales are gathered and calculated for every program using
the same business logic and definitions.
Automatic Detection and Maintenance: Marketers can track
and analyze thousands of marketing links with zero incremental
setup. The Marketing Management Center automatically detects
new links and immediately tracks the activity of new and changing
links, organizing them all in a hierarchy that matches the marketer's
own unique framework and online marketing strategy.
Keyword Tracking: The Marketing Management Center tracks
all keyword activity based on revenue impact rather than only
clickthroughs, enabling marketers to quickly shift dollars toward
keywords that are driving the most incremental revenue.
"Companies investing in online marketing today face a confusing
mess of multiple advertising mediums that provide self-reported
success metrics to analyze performance," said Scott Kauffman,
president and CEO of Coremetrics. "These online marketers
are faced with limited budgets and the expectation of high returns,
but they have no ability to effectively manage their hundreds
to thousands of simultaneous marketing programs. The conflicting
metrics and tools available in the industry give them absolutely
no idea as to how their campaigns are performing relative to
each other. The Marketing Management Center is the first solution
that enables online marketers to evaluate and compare every
single marketing program they are running in a single intuitive
interface, without spending countless hours on set-up and maintenance."
Pricing and Availability
The Marketing Management Center is currently available and included
in the Coremetrics Marketforce service offering. The pricing
for Coremetrics Marketforce ranges from $8,000 to $30,000 per
month depending on site volume and service functionality.
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, CompUSA, Eddie Bauer, Motorola, Newport News, Nortel
Networks, Spiegel Catalog, and Victoria's Secret. Coremetrics
is headquartered in Burlingame, California with research and
development offices in Austin, Texas. The company is privately
held with funding from Accel Partners 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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