Company | Press Releases
FOR IMMEDIATE RELEASE
MarketLive® Performance IndexTM Vol.19
Shows Strong Year-Over-Year Revenue Growth
eCommerce Merchants See Improved Sales, Traffic and Conversion Rates
During First Six Months of the Year
Petaluma, CA— July 18, 2012 – MarketLive, Inc., the leading provider of enterprise-class eCommerce technology and services, today released the MarketLive Performance Index Volume 19, Q2 2012: Gearing Up for a Strong Holiday. The quarterly report, now in its fifth year, indicates merchants have cause to be optimistic about the crucial fourth quarter looming on the horizon.
Among the findings, the report out this quarter reveals strong year-over-year revenue growth of more than 15 percent so far this year.
In addition, other year-over-year first quarter results include:
- 8.53 percent increase in traffic
- 5 percent improved conversion rate
- 3 percent decrease in abandonment rate
- 2.5 percent increase in add-to-cart or engagement rate
As merchants begin to think about this year's holiday season, the stakes are higher than ever for relevance, efficiency and engagement with their customers. According to the report, the "1-and-out" or bounce rate continues to lag, rising for the sixth straight quarter; merchants will make greater gains if they can match their products with their target audience.
eCommerce merchants can find actionable tactics within the report including ideas on gaining a solid mobile and social presence as well as how to reach shoppers with robust content across all touchpoints.
The complete MarketLive Performance Index Vol. 19 report is available for download here.
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. Connect with MarketLive on Facebook and Twitter.