Portland, OR (PRWEB) December 10, 2013
4-Tell, Inc., provider of personalized product recommendations for all retailers, announced today they studied over 100 midsized online retailers, and found their sales for the recent Cyber Weekend (Thanksgiving Thursday through Cyber Monday) nearly matched the increase larger retailers experienced (see Cyber Monday Sales from Bloomberg). Midsized online retailers have below $50M in online revenue annually.
The mid-market had an increase in sales of 19% compared to the same period last year, while larger retailers had a 21% increase. 79% of the mid-market’s Cyber Weekend revenue came from shoppers purchasing from a desktop computer, and 7% revenue from mobile phones, although 22% of their traffic used mobile phones. In addition, mid-market retailers using personalized product recommendations (e.g. ‘People also bought…’) increased their sales by 18.2%.
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4-Tell increases sales for retailers by 17% with personalized product recommendations. We’re the industry’s first solution with instant integration, retailer control, and guaranteed results. We are unified across all channels – web, email, mobile, ads and in-store. Our Boost® Engine engages shoppers by analyzing shopper behavior dynamically, so recommendations change with every click a shopper makes. Set it and forget it, or further optimize with your business rules through our Boost® Dashboard. 4-Tell is driving over $100M additional sales per year with over 1B recommendations per month for its more than 200 merchants. http://www.4-tell.com.