Social Commerce Leader Accelerates Momentum With Record Revenue, Marquee Customer Wins and Launch of Ground-Breaking Social Software Suite
SAN FRANCISCO, CA – May 1, 2012 - PowerReviews, a leader in social commerce, today announced that it closed its largest quarter to date. Large enterprise client wins fueled the company's momentum as it added more than 30 major brands to its roster, including Lands' End, Dyson, Shiseido, Avery Dennison, Harry & David and Guitar Center.
In addition to new client wins, many existing customers expanded their partnership with the company. "PowerReviews continues to impress me with rapid innovations that directly contribute to increased revenue for Step2. Thanks to their easy-to-use social commerce platform, we were able to launch our social loyalty program and community leaderboard in under a week," said Step2 Online Marketing Director Tena Crock.
Step2 is one of thousands of brands that rely on PowerReviews to harness the power of social activity to drive bottom-line results. Other marquee brands that deepened their partnership with PowerReviews in Q1 include Drugstore.com, Trek Bicycle Corp., Deckers, Thule, and Teleflora.
PowerReviews' recent release of the Essential Social Suite (ESS) -- a powerful suite of software tools that drives real business benefits -- has accelerated the company's growth. For the first time ever, CMOs can actually quantify the elusive hard dollar value of social activity using simple yet powerful cloud-based tools. Enterprise CIOs are welcoming this solution as it provides social ratings and reviews, Q&A, loyalty, discovery, and community, all in a single software platform.
Major brands -- including Skechers, Staples and Woolrich -- have already standardized on the Essential Social Suite. "We've seen an overall elevation in customer engagement with the Woolrich brand thanks to our social loyalty program," says Jamie Chwan, Senior Web Operations Specialist at Woolrich. "PowerReviews' social commerce platform is incredibly easy to use and set-up was quick and hassle-free."
"Our strong focus on innovation enables our customers to stay ahead of the social curve. By offering our flexible and highly scalable solution in the cloud, we're able to deliver new functionality to our customers faster than anyone else," says Ken Comée, CEO, PowerReviews. "Our best quarter ever proves that major brands see this as a key differentiator for their business."
PowerReviews is a leader in social commerce. It helps companies tap into consumer conversations to drive better business results, while providing consumers with an easy way to share their insights about brands, products and services. More than 5,500 brands have standardized on PowerReviews to drive sales, increase traffic and shape product development.
Jesse Odell or Lindsey Scott
power (at) launchsquad (dot) com