Company | Press Releases

FOR IMMEDIATE RELEASE

MarketLive Achieves Major Milestones Over the Past 12 Months

Company Credits New Customer Signings, Increased Revenue among MarketLive Merchants and Product Enhancements that Include Mobile and Facebook

Petaluma, CA – February 28, 2012MarketLive the leading provider of enterprise-class eCommerce retail technology and services, today announced that its 2011 results show both continued momentum and record growth, with the company achieving 67 percent increase in bookings year over year.

MarketLive's growth can be attributed to an increase in new customer signings and partnerships, an active customer base, and significant product enhancements. The company's mobile and social platform integration played a major role in the increase in growth as well.

Milestones include:

Also, MarketLive merchants saw a 12 percent increase in qualified visitors, a 13 percent increase in total orders, and a 7 percent increase in the average order value.

Additional product enhancements from MarketLive over the last year include:

“We are thrilled with MarketLive’s record growth and our merchants’ achievements over the last 12 months,” said MarketLive CEO, Mark Pierce.  “Our seamless integration of product enhancements, unique site feature enablement, and use of MarketLive best practices has proved to be a strategic advantage for our clients and provides a better shopping experience for their customers.”

About Marketlive

Since 1995, MarketLive, Inc., has been the leading provider of enterprise-class eCommerce retail technology and services that help fast-growing companies successfully sell goods and services online. Designed to meet the unique requirements of catalogers, retailers, direct marketers, and manufacturers, the extensible MarketLive® eCommerce Suite and MarketLive’s best practices-based Intelligent Selling® methodology enable merchants to enhance their customers’ experience online while dramatically improving acquisition, conversion, and retention rates. The MarketLive platform is the most retail-targeted, fully featured, customizable eCommerce solution on the market today. MarketLive powers many successful retail eCommerce sites, including Armani, Neutrogena, Party City, Perricone MD, Sports Chalet, Sundance, Helzberg, John Deere, Beach Body, Title Nine, Intermix and others. . For more information, visit MarketLive at www.marketlive.com