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MyBuys Delivers Another Record Quarter for Its Leading Multi-Channel Personalization ServiceMyBuys Client List Climbs to Over 325, Including 69 of Internet Retailer's Top 500 (November 22, 2010)
REDWOOD CITY, CA -- (Marketwire) -- 11/22/10 -- MyBuys, the leading provider of personalization for multi-channel retailers, today announced a record quarter with 63 new clients and a doubling of revenue so far this year. The strong momentum heading into the 2010 holiday season is attributed to MyBuys' multi-channel personalization leadership, its large client base, and the addition of predictive display remarketing, which launched earlier in 2010. During the quarter, a record 78 clients went live on the MyBuys service using profile targeting personalization across all channels, including display advertising, email, direct mail and mobile.
"Our execution and commitment to our clients has resulted in great things for MyBuys and each client," said Bob Cell, president and CEO, MyBuys, Inc. "Retailers know that consumers expect to be treated individually and consistently across channels. As MyBuys is the only company to offer a multi-channel personalization service, we are experiencing rapid growth and our clients are doing material revenue from our service, while also enhancing their brand by looking attentive and smart."
To further our multi-channel leadership, MyBuys launched MyBuys Mobile, the industry's only personalization driven, full-service mobile offering for e-commerce. The solution optimizes the shopping experience for every consumer on any mobile device -- including iPhone, Android, BlackBerry and iPad -- with optimal pages and personalized offers for every page on every site, for every individual consumer. Shoppers find what they desire quickly and easily which drives higher revenue and greater repeat purchase.
MyBuys is the leading provider of personalization for multi-channel retailers. The company builds deep profiles based on each individual shopper's behavior, and then uses a patented portfolio of algorithms and real-time optimization to deliver the most relevant recommendations. MyBuys' clients are increasing engagement by over 100% across all channels, average order value by 45 percent, conversion rates by 90 percent, and boosting overall online revenue 10-30%. Over 300 retailers, including more than 69 of the Internet Retailer Top 500, partner with MyBuys to offer intelligent, personalized recommendations to their shoppers. Based in Redwood City, Calif., MyBuys is a privately held company. Visit them online at www.mybuys.com.
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