Contact Information: Mercent PR Contact: Kristine Szarkowitz (Tel): 206.310.5323
Mercent Marks eCommerce Recovery; Q309 Mercent eCommerce Index Shows 11.4% YOY Increase in Aggregate Online Retail Sales
Amazon.com Same-Seller Gross Merchandise Value Growth Hits 70%
| Quelle: Mercent
SEATTLE, WA--(Marketwire - October 22, 2009) - Mercent™, a leading provider of on-demand
marketing solutions for retailers, today released results for the Mercent
eCommerce Index™ -- a quarterly report that measures year-over-year
(YOY) aggregate same-seller gross merchandise value (GMV) across online
sales channels supported by the Mercent Retail™ channel management
platform.
According to the Q309 Mercent eCommerce Index™, same-seller GMV for
retailers selling online through Mercent Retail™ grew by 11.4% relative
to the same period in 2008, representing an almost 100% increase from 5.9%
growth reported in the Q209 Mercent eCommerce Index. Same-seller GMV for
merchants participating in Amazon's "Selling on Amazon" program through
Mercent Retail™ increased in the third quarter by approximately 70%
compared to 42% YOY growth in Q209.
According to Eric Best, CEO of Mercent, "The 11.4% year-over-year sales
growth in Q3 represents the first increasing growth quarter Mercent retail
clients have seen in the last four quarters. Although some broad softness
remains in the market, our historical Index data and trending indicate the
5.9% second quarter growth marked the bottom of the eCommerce downturn and
beginning of a measured recovery."
Mercent attributes merchant GMV sales growth across all online channels
supported by Mercent to the macroeconomic recovery in consumer spending;
increased appeal of online channels that provide aggressive and competitive
buying options to value-conscious shoppers; and the efficiencies of major
online shopping destinations (such as Amazon, eBay, Walmart, and others)
that are driving down industry selling and fulfillment costs.
In addition, retailers have become increasingly savvy in their online sales
and advertising strategies, leveraging technologies like Mercent Retail™
to seamlessly integrate product data feeds with online sales channels and
fully optimize online advertising campaigns and promotions to drive
incremental sales. In addition to hosted software, Mercent offers
merchants professional consulting and services to ensure its clients are
operating with the most up-to-date and relevant industry, technical and
marketing insight and analysis.
Best continued, "Our report of same-seller GMV growth on Amazon is also
affirming news for merchants selling through Mercent. One specific
customer grew its business by 400% -- or five times their prior year's
sales in the quarter; and our entire client base selling on Amazon through
Mercent Retail™ experienced sales growth that continues to significantly
outpace eCommerce analyst expectations and reported industry results."
Since Mercent announced the Q209 Mercent eCommerce Index in August, the
company has doubled its Tier 1 customer count, adding a host of new brand
name retailers that include Fossil®, Orvis, BlueFly, National Business
Furniture, and others; furthering the company's leadership position in the
online channel management segment. More than 70% of Mercent's new
customers in 2009 rank within the Top 250 of the Internet Retail Top 500
list.
Mercent eCommerce Index™ Methodology:
The methodology for the Mercent eCommerce Index™ comparison matches all
prior studies and reports retail transactions driven through Mercent's
network of online shopping and advertising channels, including comparison
shopping engines (CSEs), third-party seller marketplaces, and affiliate
programs. To ensure continuity and to eliminate artifacts associated with
new customer ramp, the Mercent eCommerce Index™ only references
retailers live on the Mercent Retail platform prior to and during the
entire reported term.
Information regarding Mercent Retail shopping feed management technology,
Mercent Performance marketing services, and the complete list of online
marketing channels in the Mercent Shopping Network are available at
www.mercent.com.
About Mercent
Mercent is a leading provider of online channel marketing technology and
services for retailers. Through its award-winning Mercent Retail™ SAAS
technology and Mercent Performance™ professional services, Mercent helps
the world's most successful online merchants including 1-800-Flowers, Bass
Pro Shops, Brookstone, GUESS?, L'Occitane USA, Redcats Group, and REI
optimize online shopping channel marketing campaigns to drive customer
acquisition, revenues, profits, and inventory velocity. Mercent is the
single point of integration with a vast online advertising network that
includes transactional marketplaces such as Amazon.com and eBay; comparison
shopping engines (CSEs) such as Shopping.com and NextTag; affiliate
marketing programs such as LinkShare and the Google Affiliate Network; and
other product advertising channels including Microsoft Bing Cashback and
Google Product Ads. The company is a 'Selling on Amazon.com' Certified
System Integrator, Buy.com Gold Certified Partner, eBay Certified Provider,
certified Google Product Search Partner and Yahoo! Search Submit Pro
certified feed provider. Founded by a seasoned team of Amazon.com veterans,
Mercent is a venture-funded company based in Seattle, WA. For more
information, visit www.mercent.com.