SOURCE: MyBuys

MyBuys

August 27, 2009 17:20 ET

Internet Retailer Crowns MyBuys Personalization Leader

MyBuys Clinches Top Spot as IR 500 Personalization Vendor and Boosts Revenue for the Most IR 500 Retailers Every Day

REDWOOD CITY, CA--(Marketwire - August 27, 2009) - MyBuys, the leading provider of personalized product recommendations (PPR), today announced that it was crowned top Personalization service provider by Internet Retailer Top 500 retailers. MyBuys further distinguishes its leadership position by representing the most Internet Retailer 500 retailers, boosting sales and driving revenue for them every day.

"MyBuys' leadership position is the result of our daily mission to deliver value to our clients. We engage deeply with the retailers we serve to understand their challenges and objectives and generate results that exceed their expectations," said Robert Cell, CEO MyBuys. "Our approach drastically outpaces the industry and is the reason the most Internet Retailer top 500 retailers rely on MyBuys. This industry recognition from Internet Retailer reflects our ability to create more revenue for our over 130 clients."

"The fact that MyBuys is recognized as the industry leader in personalization is well deserved and comes as no surprise to the large group of the top 500 Internet retailers that rely on MyBuys to consistently drive sales and boost revenues," said Howard Wyner CEO, Scentiments.com, number 384 on the Internet Retailer Top 500 list. "At Scentiments.com we see MyBuys as the wizard of technology, turning algorithms into sales time and again."

A thought leader in the space, MyBuys partners with industry luminaries to provide relevant, cutting edge research to educate retailers and give them a competitive advantage. MyBuys recently released the second annual Personalized Product Recommendation Report with the e-tailing group -- to download a copy of the complete report, go to www.mybuys.com/prjuly09.

MyBuys is also partnering with Forrester's Sucharita Mulpuru to deliver a thought leadership Webinar aimed at helping retailers plan for next year: 4 Things To Focus On in 2010, September 16th, 10am Pacific Time. To register click here.

About MyBuys

MyBuys is the leading provider of personalized product recommendations for online retailers. The company builds deep profiles based on each individual shopper's behavior, then uses a patented portfolio of algorithms and real-time optimization to deliver the most relevant recommendations on the web and in email. MyBuys' clients are increasing average order value by 45%, improving conversion rates by 90%, and boosting overall online revenue 10-30%. Premier retailers -- including Restoration Hardware, Lancôme, Wine Enthusiast and Cost Plus/World Market -- rely on MyBuys to deliver dynamic, personalized merchandising to their shoppers. Based in Redwood City, Calif., MyBuys is a privately held company. www.MyBuys.com.

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