Stevenson, WA (PRWEB) May 3, 2010
4-Tell Inc., provider of the most effective product recommendation solutions for midsized online retailers, has been awarded the $100k prize in The 3rd Annual Gorge Angel Investors Network (GAIN3) competition, sponsored by Hood River County and OEN. The yearly award is given to the Columbia Gorge-based company with the best growth and profit potential as determined by GAIN3 investors.
"4-Tell impressed the committee with their combination of business savvy and technical thought leadership. The 4-Tell team told a compelling story of the problem faced by the midsized retailer and why 4-Tell is the best solution for that market. They also showed a willingness to engage with our members and incorporate our recommendations. Congratulations to Ken and his team" said Gary Rains, Managing Member of GAIN3 LLC.
4-Tell Boost™ Recommendations increase sales with automated, intelligent product recommendations, such as ’customers who bought this, also bought these.’ 4-Tell Boost™ works with websites, email campaigns, social media and mobile commerce. Designed for midsized online retailers, 4-Tell software is simple, affordable and effective, even for new products and those with few sales. Online retailers can add recommendations to their site in under a day.
Ken Levy, CEO and co-founder of 4-Tell said “I am so excited and honored to have 4-Tell recognized by the GAIN3 committee. This will trigger investment from other key private investors and enables 4-Tell to expand sales. Our initial customers are seeing immediate revenue benefits with 4-Tell Boost Web. All retailers have unique challenges and we are designed from the ground up to address SMB specific retailer needs and provide the most effective and simple to implement recommendations solution.”
4-Tell offers two products; 4-Tell Boost Web provides fast, accurate recommendations to any web page, including product detail pages and shopping carts and 4-Tell Boost Email enables email service providers to include product recommendations for email campaigns without requiring any changes to the retail web site. Both products are based upon a patent-pending, multidimensional analysis using aggregate sales, product attributes and customer purchases. 4-Tell can be implemented on-premise or as SaaS solutions, cloud-hosted and managed by 4-Tell.
About 4-Tell Inc.
4-Tell increases sales by automatically recommending products that customers are likely to buy. Our intelligent software works for websites, email campaigns, social media and mobile commerce. Designed for midsized online retailers, and optimized for their budget and sales profile. 4-Tell is based in Stevenson WA, was founded by software industry veterans, has 6 patent applications, and multiple customers. For more information visit http://www.4-tell.com
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