Bazaarvoice Wins "Red Herring 100 Global" Award.Bazaarvoice Singled Out as One of the World's Top Private Technology Companies Based on Business Performance, Strategy and Innovation AUSTIN, Texas -- Bazaarvoice, the market and technology leader in hosted social commerce applications that drive sales, today announced that it has received a Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: Top Global 100 award as one of the top technology startups in the world. The award caps a year of unprecedented growth for Bazaarvoice in which the company achieved profitability, launched European operations, and expanded its client base to over 150 companies in 12 different industries, including Bass Pro Shops Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. The original Outdoor World store, referred to as the "Grand Daddy" is located at the corner of Sunshine and Campbell in Springfield. , Dell, Macy's, Overstock.com, PETCO, QVC QVC Quality Value Convenience QVC Question Valid Command , Sears and ZipRealty. This prestigious award is the second Bazaarvoice has received from Red Herring, which also named Bazaarvoice to its 2006 Top 100 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. list. The Red Herring editorial team rigorously reviewed 1,800 privately-held companies from around the world to select the Global 100 winners. Red Herring 100 winners and finalists from North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia of the last three years were eligible for the award, and evaluations were based on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy and ecosystem integration. Bazaarvoice was presented with the award at the Red Herring Global event in Seattle, WA, on December 3-5, 2007. "When Bazaarvoice launched in January 2006, roughly 10 retailers offered reviews; now reviews are readily available to consumers on a majority of the large eCommerce sites," said Brett Hurt, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bazaarvoice. "It's a great honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. to receive the Red Herring 100 Global award for our role in this transformation, and we would like to share this award with our clients, whose success at using the power of social commerce to drive sales, connect with customers, and improve loyalty and satisfaction has created a new norm for online shopping." Bazaarvoice is committed to building products that help online businesses improve the way they do business by connecting them with their customers, and by providing a better shopping experience. Bazaarvoice's profitable business model is based on the industry's most customizable hosted technology, reliable and accurate content moderation, dedicated client services, and seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with over 30 leading eCommerce partners. Bazaarvoice currently serves more than one billion reviews per month across its client base and served over 71 million ratings and reviews on Cyber Monday The name given by online retailers and e-commerce experts to the Monday following the Thanksgiving holiday. With its Black Friday counterpart in actual store-based traffic, analysts have pointed to significant spikes in online shopping on Cyber Monday. , November 26, 2007. The company continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. innovates to support client success and debuted photo and video reviews earlier in the year. In May, Bazaarvoice introduced its new Ask & Answer product, the first social commerce service that encourages shoppers to post and respond to specific questions about products and services directly alongside standard product information. Just six months later, nearly 20 percent of Bazaarvoice customers have signed up for Ask & Answer, and the product was recently awarded the top Tech Innovation Award for software by the Austin Business Journal and its readers. Bazaarvoice has also extended its global presence to deliver social commerce to multinational brands. Bazaarvoice opened a London office in March and has already signed more than 15 U.K.-based clients, including leading clothing retailers Figleaves and Boden. Bazaarvoice products are available in more than 20 languages, including Chinese, Turkish and Japanese. "In countries around the world, shoppers are increasingly embracing user-generated review content as a critical part of the research and purchase process," said Sam Decker, CMO CMO See: Collateralized mortgage obligation CMO See collateralized mortgage obligation (CMO). of Bazaarvoice. "In fact, 78% of international consumers said they trusted direct recommendations from other consumers most when making product purchase decisions. Amid this overwhelming demand for social commerce, Bazaarvoice is committed to growing its business to support the global market in the coming year." About Red Herring Red Herring is a global media company uniting the world's best high technology innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. , venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology research, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com. About Bazaarvoice Bazaarvoice offers outsourced technology, services, analytics, and expertise to help companies enhance the online shopping experience with social commerce applications that drive sales. Bazaarvoice Ratings & Reviews[TM] and Ask & Answer[TM] deliver immediate success by minimizing implementation risk and maximizing the strategic impact of user-generated review content through complete customization, deep integration, community management, advanced analytics, search engine optimization Designing a Web site so that search engines easily find the pages and index them. The goal is to have your page be in the top 10 results of a search. Optimization includes the choice of words used in the text paragraphs and the placement of those words on the page, both visible and hidden , and syndication See syndication format. across the Web and to offline channels. Bazaarvoice was named to the 2007 Red Herring Global 100 and 2006 Red Herring Top 100 lists and received the 2006 ClickZ Marketing Innovation of the Year award. Bazaarvoice currently serves over 150 eCommerce leaders including Bass Pro Shops, Dell, Macy's, Overstock.com, PETCO, QVC, Sears, and ZipRealty. The company has headquarters in Austin, TX and offices in London, UK. For more information, please visit the company's Web site at www.bazaarvoice.com or email info@bazaarvoice.com. |
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