The MerchantCircle Business Development Blog

Monday, April 13, 2009

MerchantCircle Update - April 2009

Hi Everyone -

It’s been a few months since we last sent out a note highlighting some of the recent progress at MerchantCircle so we thought it a good time to let you know how things fare at the Circle. Below please find a few updates we thought you’d find of interest:


We continue to see steady growth to the merchant base and consumer traffic continues to climb:

- 725,000 registered merchants (with over 2% of SMB’s in each state using our network)
- 20,000 new merchant registrations per month (acquired through viral and word of mouth)
- 15MM unique visitors and 31MM pageviews per month


Recent product and feature enhancements have been well received and continue to drive merchant subscriptions and content creation:

- Content creation is at an all time high – over 200k new coupons, photos, reviews and ratings were uploaded to MC last month
- New social networking features are providing merchants more channels to engage customers – over 40k merchant to consumer conversations took place on MC last month
- With the recent release of our pay-for-performance packages, merchants can now choose from a comprehensive suite of free and paid subscription products to reach more customers and manage their business – well over 10k paying customers and growing


The results have been overwhelmingly positive for our merchants, partners and advertisers:

- Registered merchants are receiving thousands of customer leads each day
- Partners are building relationships with merchants by engaging them with special offers on products and services
- Advertisers are leveraging our network to reach consumer and merchant traffic on a highly targeted basis


Finally, the media is beginning to take note of what we’ve been up to:

- MSN article advising SMB’s on “How to Attract the Attention of a Search Engine”: http://businessonmain.msn.com/knowledgeexchange/articles/expert.aspx?cp-documentid=18936487
- North Carolina Local News covering how SMB’s use MC to get customers: http://www.wral.com/news/local/video/4583193/
- NYT article citing an MC survey in their SMB coverage : http://www.nytimes.com/2008/11/13/business/smallbusiness/13TAX.html?_r=2&ref=smallbusiness&oref=slogin


Exciting days are ahead. As always, if you’re interested in exploring how we may work together, please contact us by responding via email. Best wishes for continued success in 2009. We look forward to working together with you to make it a great year.


Regards,

Doug Kilponen and Ray Landgraf
Business Development


MerchantCircle BD Blog: http://www.merchantcircle.com/bizdev/index.html
MerchantCircle Press Releases: http://www.merchantcircle.com/corporate/pressReleases.html
MerchantCircle on Twitter: http://twitter.com/MerchantCircle

*****


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