Burlingame, CA – May 27, 2003 – Coremetrics www.coremetrics.com,
the leading provider of online marketing analytics solutions,
today announced the addition of three new customers to a rapidly
growing list of leading eBusinesses that rely on detailed analysis
from Coremetrics to increase online channel profitability. Coremetrics
was recently named the sole market leader in a Web analytics
study by Forrester Research covering the industry's top 10 vendors,
and continues its market momentum by adding Collectiblestoday.com
(www.collectiblestoday.com),
Finish Line (www.finishline.com)
and Vision Direct (www.visiondirect.com)
as new customers that are leveraging Coremetrics to attract
and convert high value visitors, optimize shopping path design,
and increase customer lifetime value.
"Coremetrics Marketforce for Retail is widely recognized
as the leading Web analytics solution for online retailers,
and the recent addition of Collectibles Today, Finish Line and
Vision Direct to our client roster further validates our leadership
position and the importance of developing solutions that meet
the precise business needs of each vertical market," said
Scott Kauffman, chairman of Coremetrics. "Unlike many of
our competitors, we deliver industry-specific solutions rather
than broad, horizontal software applications. Today, this strategy
continues to pay off with market-leading technical innovation,
dominance in the retail sector, and rapid adoption of our Marketforce
for Travel and Marketforce for Financial Services products."
About Collectiblestoday.com
Collectiblestoday.com is the web marketing arm of The Bradford
Group, the leading International provider of limited-edition
collectibles. Collectiblestoday.com has a foundation of almost
three decades of experience and trust in the collectibles market
while at the same time striving to move collecting into the
future. Founded in 1973 by J. Roderick MacArthur, the Bradford
Exchange paved the way for the present day collectibles market.
Collectiblestoday.com is continuing and expanding that unyielding
commitment to product quality and exceptional customer service
by offering collectibles from The Bradford Group Companies as
well as many other fine companies. Collectiblestoday.com is
headquartered in Niles, Illinois.
"We recognize that the Internet channel provides a wealth
of information about both our current and potential customers,"
said John Mckinven, vice president of electronic marketing at
Collectiblestoday.com. "We chose Coremetrics because they
provide in-depth LIVE Profile data on every single visitor that
comes to our Web site, and we are able to leverage the detailed
profile data to drive strategic marketing and merchandising
decisions."
About Finish Line, Inc.
Finish Line, Inc. is a leading athletic retailer that specializes
in footwear, apparel and accessories. Every Finish Line store
strives to have the best selection of shoes to fit the customer's
Sport.Life.Style. Finish Line is publicly traded on NASDAQ under
the symbol FINL and currently operates 482 stores in 45 states.
To find out more about the company, visit the company's website
at www.finishline.com.
"Today we are using Coremetrics Marketforce for Retail
to support strategic decision making in two significant areas,"
said Kent Zimmerman, director of eCommerce at Finish Line, Inc.
"Our marketing department is using Marketforce for Retail
to analyze the success of media buys and email campaigns. On
the operations side, we are using Marketforce to understand
how visitors are navigating through the Web site, measure conversion
ratios, and compare how site search is performing versus browsing.
Our relationship with Coremetrics delivers the insights we need
to confidently make data-driven strategic business decisions."
About Vision Direct
Founded in 1999, Vision Direct Inc. (www.visiondirect.com)
has quickly established itself as one of the leading online
direct-to-consumer suppliers of contact lenses worldwide. Serving
thousands of customers a day through its website and toll-free
number, 1-800-VisionDirect, Vision Direct offers brand-name
contact lenses for wholesale prices. Vision Direct Inc. is a
privately held corporation.
"Prior to implementing Coremetrics Marketforce, we just
weren't seeing the whole picture," said Steven Holmes,
director of marketing at Vision Direct. "At first, we considered
building our own infrastructure to measure data, but after some
initial research we realized it was far too costly and complex
to build and manage ourselves. After meeting with Coremetrics,
we knew right away that we would get excellent service, and
we were also extremely impressed with their deep industry partnerships.
We felt that their strategic relationships with companies like
BeFree and BizRate, as well as their reports designed specifically
for retailers, represented an understanding of the retail market
that simply did not exist with any other analytics vendors."
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, 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.
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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