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New, Integrated Solution Helps Online Retailers Conduct A/B & Multivariate
Tests Quickly & Easily to Maximize Marketing Efforts & Increase Sales
SAN FRANCISCO, Jan. 3 /PRNewswire/ -- Offermatica, a leading provider of
on-demand testing and optimization services, announced today that it has
created an alliance with GSI Commerce Inc., a leading provider of outsourced
e-commerce solutions, to provide an integrated solution designed to help
online retailers increase revenues through targeted A/B and multivariate
testing.
Under the terms of the agreement, GSI Commerce will integrate
Offermaticas testing and optimization services with the GSI Commerce e-
commerce platform to provide a single solution designed to increase online
shopping conversion rates and grow online sales revenues.
"Both GSI Commerce and Offermatica offer proven, enabling solutions
designed to help maximize sales in the online channel," said Matthew Roche,
CEO of Offermatica. "By integrating the strengths of both offerings, we are
introducing a very powerful marketing and merchandising solution that is
designed to react rapidly to the unpredictable and fickle behavior of online
consumers by increasing the effectiveness of online marketing efforts. We
believe this combined solution will help GSI Commerces all-star roster of
e-commerce partners drive higher conversion rates and increase sales
revenues."
Offermaticas flagship service tests consumer response to real-time
changes in site content, which creates opportunities for e-commerce marketers
to increase sales and slash customer acquisition costs by identifying the
offer or creative feature that drives the highest conversion of online sales.
With Offermatica, marketers can change key site elements -- like pricing,
promotions and positioning -- across multiple pages to support revenue goals
with no IT involvement. Launched in May 2005, Offermatica has already
delivered more than $48 million in value to clients such as Timberland and
Zales.
"GSI Commerce and Offermatica are both focused on helping clients improve
revenue performance," said Steve Davis, senior vice president of partner
services for GSI Commerce. "We evaluated several vendors and we selected
Offermatica because their product is proven and enables online marketers to
test offers rapidly and make quick adjustments to offers or fine-tune
campaigns, which can lead to the increased effectiveness of their online
marketing efforts. Integrating their product into our e-commerce platform
adds a high-quality component that is designed to help our partners increase
their conversions and revenues."
About Offermatica
Offermatica provides on-demand marketing services, including testing and
site optimization, that allow marketers to maximize revenue from their online
advertising spend. Marketers are now able to test their best ideas -- using
simple methods like A/B split tests or more sophisticated multivariate
approaches -- without requiring site development. Companies like Accenture,
E-LOAN, PETCO Animal Supplies and Restoration Hardware can dramatically
increase the ROI from their online ads, email campaigns and PPC listings with
Offermaticas on-demand testing and optimization service. The company is
privately held with funding from Accel Partners, Baker Capital and Meritech
Capital Partners. For more information, visit http://www.offermatica.com.
NOTE: Offermatica is the trademark of Offermatica, Corp. 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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