Palm Springs, CA, from the eTail 2003 Conference – February
18, 2003 – Coremetrics, a leading web services provider
of marketing analytics solutions, and Performics, a leading
performance-based online marketing services company, today announced
a fully integrated measurement and optimization solution for
online marketing initiatives.
"This partnership is tremendously valuable for marketers
seeking to drive enhanced online business performance,"
said George Coll, vice president of eCommerce at CompUSA. "With
Performics delivering customers to our Web site and Coremetrics
measuring their value in a fully integrated fashion, I can turn
my attention away from the administrative tasks associated with
setup and measurement, and focus instead on the key business
challenge of driving high lifetime value customers to the site.
This relationship displays an unprecedented commitment by Performics
to generate revenue based on performance, and allows CompUSA
to structure customer acquisition campaigns that meet our margin
requirements."
Under the terms of the agreement, Coremetrics will seamlessly
track and measure Performics' Affiliate, Search and E-Mail marketing
programs through the company's Marketing Management Center (MMC),
the industry's only independent unified measurement solution
that presents analysis of all marketing campaigns in a single,
sortable interface. This partnership delivers a comprehensive
solution for managing online sales and ROI goals, with a powerful
tool to deploy, measure and optimize all online marketing initiatives.
The technical integration between Coremetrics and Performics
enables joint clients to easily measure the results of all media
placements including all of Performics' performance-based marketing
programs. Through this partnership, Performics' proprietary
tracking technology is automatically configured to display all
client media placements within the MMC interface.
Performics has a comprehensive approach to online customer acquisition,
with a proven track record of accelerating online profitability
for clients through highly effective affiliate, search and e-mail
marketing programs, powered by ConnectCommerce Performics' proprietary
tracking and reporting technology. The MMC from Coremetrics
provides unbiased metrics for all online advertising channels,
enabling companies to adjust and renegotiate marketing expenditures
and vendor deals based on real performance and actual revenue
derived from each program.
"We recognize the value of having deeper insight into the
customers our programs drive. This opportunity is a reflection
of the merits of our proprietary technology and our commitment
to continuously providing value for clients," said Chris
Henger, Performics' senior vice president of sales and marketing.
"By measuring Performics' programs within the Coremetrics'
MMC, new opportunities to grow online sales and scale customer
acquisition programs will be realized."
"This partnership further cements Coremetrics' position
in the retail market as the leading strategic provider of customer-centric
profile analytics," said John Squire, vice president of
business development at Coremetrics. "Coremetrics is recognized
for providing unbiased success metrics for online marketing
activities, and this partnership will enable our joint clients
to more easily measure the lifetime value of customers delivered
by Performics campaigns. This relationship is important to the
industry because it enables our joint clients to drive down
acquisition costs, increase profitability and improve the effectiveness
of their online marketing programs."
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 e-business 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, Nortel Networks, Victoria's
Secret, and Williams-Sonoma, Inc. 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 has strongly supported online privacy since its
inception. To learn more, visit www.coremetrics.com/privacy.
About Performics
Performics acquires customers for retailers, catalogers and
other direct marketers with performance-based online marketing
services. Performics provides comprehensive distribution through
affiliate marketing, search marketing and e-mail marketing.
The company offers retailers, catalogers and other direct marketers
a distinctive mix of active account management, advanced market
expertise and proprietary tracking technology. Performics develops
and implements customized programs that enable clients to acquire
and reacquire online customers while only paying for a predetermined
sale or action. Performics' interests are squarely aligned financially
and strategically with both its marketers and its distribution
partners.
Performics' clients include: America Online, Blair Corp., Bose,
CompUSA, Eddie Bauer, Kohl's, Palm, PC Connection, RedEnvelope,
Spiegel, Wilsons Leather and more than 180 others. For additional
information, please visit www.performics.com.
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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