BOSTON--(BUSINESS WIRE)--Sept. 25, 2000--
If trying to evaluate the effectiveness of your site is driving
you crazy, schedule time with Net Perceptions E-commerce Analyst -
Product and customer performance data from one source
DMA net.Marketing--In the movie "Analyze This" a psychiatrist
tells his mafia boss patient to vent his anger by hitting a pillow.
The boss proceeds to empty his gun clip into a sofa cushion.
Imagine the number of business people out there who feel like
doing the same thing to stacks of marketing reports piled on their
desks. Here's a better idea from Net Perceptions (Nasdaq: NETP), a
leader in precision marketing and personalization software. Have them
sit down with E-commerce Analyst - new analytic software that digs
deeper into and across more pools of data and delivers insights to
questions - sometimes before anyone has even thought to ask them.
Net Perceptions announced the new product today at the DMA
net.Marketing conference in Boston. It's built on the software
company's years of experience helping leading retailers and does two
important things.
First, it looks deeply into customer behaviors and reveals
distinct segments according to what products they buy and when; such
as people who always get the latest DVDs as soon as they are released,
or those who want only infant clothes and accessories. This unique
information gives marketers an understanding of what products attract
good customers. It helps them sell more and guides them toward what
they may want to do to keep their best customers coming back.
Second, E-commerce Analyst reveals unexpected relationships
between products. So a yard and garden merchandiser might discover
that buyers of aquatic gardening supplies show surprising interest in
yard furniture as well. That customer-product link allows the
merchandiser do a better job managing stock and promoting products
that go together.
"Up to now data mining has been sort of like a boxer with one hand
tied behind his back," said Mike Bradway, E-commerce Analyst product
manager. "And that's left marketers or merchandisers throwing
hit-and-miss jabs. E-commerce Analyst is the first solution to give
deep insight into both customer and product relationships. It
dramatically increases the ability of marketers and merchandisers to
land solid, profitable one-two punches."
The combination helps businesses solve such nagging problems as:
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Attracting and keeping the most profitable customers and
avoiding those that are most costly
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Identifying what products and related products sell best so
that businesses can keep the best customers coming back
About Net Perceptions
Net Perceptions, a leader in precision marketing and
personalization software, is the innovator and preeminent supplier of
software solutions that allow companies to translate knowledge into
profitable business action. Its Commerce Solutions and Knowledge
Solutions products enable clients to capitalize on business
information and optimize product assortments, pricing, customer
relationships and intellectual capital. The company is based in the
U.S. and has offices in six other countries. For more information
visit www.netperceptions.com or call 800-466-0711.
Net Perceptions and Net Perceptions logo are registered trademarks
of Net Perceptions, Inc. All other trademarks are the property of
their respective owners.
This news release contains forward-looking statements that involve
a number of risks and uncertainties. Among the important factors that
could cause actual results to differ materially from those indicated
by such forward-looking statements are the company's limited operating
history, delays in product development, development of the Internet
market, changes in product pricing policies, competitive pressures,
and the risk factors detailed from time to time in the company's
periodic reports and registration statements filed with the Securities
and Exchange Commission.
--30--vs/cgo*
| CONTACT: |
Net Perceptions |
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News Media Only: |
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Phil Soucheray |
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952/385-7988 cell |
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952/842-5025 direct |
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800/466-0711 |
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psoucheray@netperceptions.com |
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