Free press releases distribution network?

More news: Software
Agency / Source: Baynote, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Baynote Unveils Vision for Retailers to Achieve Revenue Multiplier Effect - Innovative approach to personalization optimizes impact of online commerce investments, delivers transformative lift in conversions and average order values - Baynote.com
Baynote Unveils Vision for Retailers to Achieve Revenue Multiplier Effect

 

PRZOOM - /newswire/ - Boston, MA, United States, 2011/08/10 - Innovative approach to personalization optimizes impact of online commerce investments, delivers transformative lift in conversions and average order values - Baynote.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Baynote, a leading provider of eCommerce personalization solutions, today unveiled its new vision for retailers to achieve a multiplier effect on their existing online commerce investments to dramatically increase conversion rates and average order values. Baynote will be announcing partnerships with several world class technology and services providers in the coming months to help its customers realize this vision.

“Online businesses are facing a never-ending imperative to deliver on the promise of eCommerce. They are expected to drive more traffic, convert more customers, and get them to spend more – all without increasing costs,” said Sue Aldrich, senior vice president and analyst, Patricia Seybold Group. “Personalization based on buyer intent has been demonstrated to be by far the most effective approach to achieving significant improvement to conversion, order value, and revenue.”

While traditional methods of personalization that predominantly rely on personas, past shopping history and clickstreams are making inroads to increasing engagement, conversion rates have remained flat since the 1990s. According to the Fireclick Index, 10 out of 100 eCommerce website visitors are truly interested in making a purchase, yet only two of them actually make that purchase. There is a big opportunity for online retailers to close the conversion gap and reach the other eight percent of shoppers who go to sites intending to buy, but instead abandon their digital shopping carts.

“Baynote’s Personalization Platform immediately boosted initial conversion across our website and email channels by a factor of 4.5 times. This in turn generated more repeat purchases and ultimately delivered on our promise to provide the most authentic shopping experience for outdoor enthusiasts,” said John Hnanicek, CIO and VP of merchandising at outdoor equipment and clothing retailer, Altrec.com. “We believe in Baynote’s vision for eCommerce personalization and its potential to deliver a revenue multiplier effect.”

The Baynote Personalization Platform monitors 24 different ways consumers engage with a site and its products, and tracks important clues about consumers’ interests and what they intend to purchase. For example, real-time actions such as how long someone spends examining a product or whether they zoom in and check out various colors, are important engagement clues that when combined with data about personal taste can power far more relevant shopping experiences. Baynote customers typically see triple digit increases in revenue lift from its personalized recommendations through higher conversion and average order value rates. Through several new partnerships that will extend its capabilities across all customer touchpoints – from Web storefronts and landing pages to mobile shopping applications and social networks – Baynote will deliver its customers a multiplier effect on their eCommerce revenues.

“In order to finally break the single digit conversion curse and realize the anticipated ROI from their existing solutions, eCommerce companies need to ensure their personalization strategies prioritize buyer intent,” said Doug Merritt, president and CEO for Baynote. “Our vision is to inject intelligence about ‘in the moment’ intent into every touchpoint to optimize the customer experience wherever it’s occurring. We believe this approach will deliver eCommerce executives a multiplier effect on the impact of their existing technology investments.”

Baynote CEO to Keynote at eTail Boston
Baynote CEO Doug Merritt is presenting a keynote session titled,“The Multiplier Effect: Why You Must Succeed in Personalization” on August 10 at 12:00 pm. ET. Doug’s presentation will feature best practices with intent-driven personalization proven to help retailers achieve a revenue multiplier effect on their existing eCommerce investments. Visit Baynote at eTail Boston at Booth 24.

About Baynote
Baynote (baynote.com) is an eCommerce software company whose Personalization Platform gives retailers a multiplier effect on conversion and average order value rates using existing eCommerce investments. Only Baynote helps ecommerce executives understand and act on real-time buyer intent, giving them the essential intelligence to engage consumers at every touchpoint with the right experience at the right time and to respond faster to their ever-changing interests. Based in San Jose, Calif., with offices in the U.K. and Germany, Baynote’s personalization solutions are trusted by over 300 of the world’s most demanding brands including AT&T, Altrec.com, Anthropologie, Bluefly, BT, Campbell’s Dell, Expedia, Intuit, JCrew, Jockey and Urban Outfitters.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Baynote, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Baynote Unveils Vision for Retailers to Achieve Revenue Multiplier Effect

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Baynote |
Contact: Press Office - Baynote.com 
408-973-1889 press[.]baynote.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Baynote, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Baynote, Inc. / Company Profile


Read Software Most Recent Related Press Releases:

LDiscovery Completes Acquisition of Kroll Ontrack
SYSPRO Opens a New Office in Nairobi, Kenya
Rocket Servergraph Professional Now Supports IBM i
JDA Solutions Selected by Coca-Cola FEMSA Mexico to Support its Innovative Supply Chain
CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today