MerchantCircle Passes 1,000,000 Member Milestone
Good Afternoon, Everyone -
Yesterday we announced that MerchantCircle recently surpassed the 1,000,000 member milestone – a goal we’ve been pursuing since launch. Next up: 2,000,000 merchants using our network to interact with local consumers and engage more customers.
Below please find a few key business highlights:
Site Statistics
Nearly 1 Billion local page views served since site launch
Over 20 Million unique monthly consumer visitors
Top 5 local business directory, #155 Top U.S. internet site
Users Have Created Over 2.4 Million Pieces of Local Content (see links to examples below)
Over 650,000 local business reviews contributed by local consumers
More than 350,000 local coupons created by merchant members
Nearly 400,000 blog posts written by merchant using our online publishing platform
Over 1 Million local business photos uploaded to the system by member merchants
Nearly 34,000 consumer questions and 48,000 merchant answers since September launch
Member Statistics
4% of all U.S. businesses are members with penetration at nearly 7% in some states
60% have no other online presence (use MerchantCircle as their “website”)
87% are not on any other social network
We’d like to thank all of our users and partners who have supported us these last few years. There are some very exciting initiatives in the works and we look forward to working with all of you to continue delivering value to local businesses and consumers everywhere. On that note, if you’d like your customers to benefit from becoming part of the MerchantCircle network, please contact us via email. We’re particularly interested in opportunities that will drive membership growth and engagement, foster consumer-to-merchant interaction and lead to massive amounts of unique local content generation.
Best wishes for a successful 2010!
Regards,
Doug Kilponen, Ray Landgraf & Walt Duflock
Business Development
MerchantCircle Blog:
Follow the Press Coverage:
TechCrunch:
Venture Beat:
Screenwerk:
Local Content Examples:
Reviews for Especially from Karen:
Coupons in Phoenix, AZ:
Blog by Treasure Islands of Santa Cruz:
Photos from Ken the Glass Guy:
Answers indexed on Google (Pergo vs Hardwood):
Official Press Release:
MerchantCircle Signs One-Millionth Local Merchant to its Social Network and Publishing Platform
An estimated 1 in 15 U.S. Local Business Owners Use MerchantCircle to Reach Local Consumers Online
Mountain View, Calif. – January 18, 2010 – MerchantCircle, the largest social network of local business owners, today announced that it has signed its millionth merchant to the local business network, just three and a half years after the company’s launch. Out of the estimated 15 million local merchants in the U.S. today, more than one million have claimed their listings and have accessed MerchantCircle’s suite of free and premium tools to reach local consumers online. More than 20 million local consumers discover small businesses in their area via MerchantCircle every month.
“In the last three years, local business owners have become acutely aware that ignoring online marketing is no longer an option. They know they need to be online, where consumers are doing local research,” said Ben Smith, Chairman and CEO of MerchantCircle. “MerchantCircle’s model gives them a turnkey way to find and engage consumers on the web. Thousands of merchants have told us how MerchantCircle helped their businesses grow through its effective, cost-efficient web marketing platform. We are very proud to have reached this important milestone.”
“MerchantCircle's growth is an amazing success story,” said Greg Sterling, senior analyst Opus Research and Sterling Market Intelligence. “The company is a high-profile exception to the widely held belief that small businesses won't self-provision online marketing"
MerchantCircle’s one millionth merchant was Nassau Avenue Nails <
“It’s such an honor to be the one millionth merchant! The website seemed pretty cool and I saw it was free to create a listing,” said Danielle. “It was really easy-to-use. I built coupons, wrote a blog, and even got my husband to sign-up his business (MB Automotive <
Since MerchantCircle launched in 2007, the company has reached the following milestones:
MerchantCircle has served up nearly 1 billion local page views
Local consumers have contributed more than 650,000 local business reviews
More than 350,000 local coupons have been created by merchant members
Merchants have written nearly 400,000 blog posts using MerchantCircle’s online publishing platform
More than 1 million local business photos have been uploaded to the system by member merchants
About MerchantCircle
Founded in 2005, MerchantCircle is the largest social network of local business owners in the nation, combining social networking features with a customizable web listing that allows local merchants to attract new customers. More than 15 million MerchantCircle business listings across the country are easily accessed on major search engines. Currently, more than one million merchants on the MerchantCircle network upload pictures, blog, create coupons and newsletters, and connect with other merchants.
In addition to its free services, MerchantCircle offers a portfolio of online advertising services including Search Engine Marketing, Website Directory Submission, Web Content Creation, Instant Website Development and Business Verification Services. The company is located on Main St. in downtown Los Altos, Calif., and is funded by Rustic Canyon Partners, Scale Venture Partners, Disney’s Steamboat Ventures, and IAC. Learn more at
Labels: Local Business, Merchant Circle, MerchantCircle, SMB
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