Boston, MA (PRWEB) April 30, 2013
Extraprise, the leader in right time revenue optimization services for B2B and B2C enterprises, today announced it has acquired SmartSource, a leading B2B and B2C email service provider with extensive marketing automation, workflow and multi-channel marketing functionality. The acquisition provides a platform to deliver advanced digital lifecycle marketing capabilities to B2B and B2C enterprises. Those enterprises will then be able to execute real-time, multi-channel marketing campaigns at any stage of the customer lifecycle to optimize revenue. SmartSource will operate as a wholly owned subsidiary of Extraprise, and will continue to provide technology and services to its marketing service provider, digital agencies and enterprise clients. The financial terms of the acquisition are not being disclosed.
“Extraprise’s vision is to ensure that our clients, from enterprises to marketing services providers and digital agencies, fully optimize revenue from every customer relationship, through real-time, personalized and contextualized multi-channel marketing,” said Mike Shanker, co-founder and CEO at Extraprise. “Real-time revenue optimization enhances the customer experience to deliver the right message at the right time, driving a one-to-one, personalized, buying experience. SmartSource brings a scalable, high volume multi-channel marketing platform with the flexibility needed to enhance and optimize the buying experience.”
According to Forrester Research, B2C multi-channel, digital marketing spend in the U.S. is expected to increase to $76.6 billion by 2016. B2B industries are expected to spend more than $5 billion during the same time period.
SmartSource’s multi-channel platform includes highly scalable and reliable email marketing functionality with extensive marketing automation and workflow capabilities. The platform includes personalization, dynamic content and dynamic messaging functionality to execute the most sophisticated multi-touch, trigger based campaigns throughout any B2B and B2C customer lifecycle stage. In addition to a robust Software-as-a-Service (SaaS) platform, SmartSource also includes over 200 standard APIs, enabling proven marketing channel integration and services that support contextualized, multi-channel marketing across mobile, social, display advertising and paid search. A hallmark of the platform includes support for distributed campaign management, providing marketers with a single view of all actively running campaigns.
“The combination of Extraprise’s leadership in right time revenue optimization with SmartSource’s strengths as a highly scalable and reliable email and marketing automation platform will provide B2C and B2B marketers with the services and technologies they need for real-time multi-channel marketing,” said Mike Curtin, co-founder and President of SmartSource. “We look forward to contributing and executing on Extraprise’s vision of optimized, real-time multi-channel marketing for enterprises and marketing services providers.”
SmartSource works with marketing services providers and digital agencies to support their clients, including many leading retail, pharmaceutical, financial, sports and entertainment companies. SmartSource partners have been recognized with numerous awards on behalf of their clients from industry sources such as The Marketing Sherpa and The eMail Institute.
About Extraprise Group Inc.
Extraprise is the leader in right time revenue optimization services for B2B and B2C enterprises, offering the only database marketing and demand generation services that combine customer intelligence with multi-channel marketing campaigns at the right time in the customer life cycle. Spanning a comprehensive set of services from lead generation to nurturing/brand loyalty to closed sale, and up-sell and cross-sell, Extraprise’s i2i demand generation services are suitable for clients at all levels of marketing maturity. Delivered through its Guaranteed Success Program as a hosted or on premise service, Extraprise continually meets the evolving marketing needs of its customers by driving tens of millions of customer interactions resulting in hundreds of thousands of buying opportunities from every country and continent. For more information, visit http://www.extraprise.com or call +1(888) i2iMKTG.
Extraprise is a registered trademark of Extraprise Group Inc. All other trademarks are the property of their respective owners. Copyright © 2013 Extraprise Group Inc. All rights reserved.