Reevoo Reveals Social Commerce Benchmark Figures

  Reevoo Reveals Social Commerce Benchmark Figures

Social commerce provider launches offers enabling businesses to benchmark and
                   improve current social commerce results

Business Wire

LONDON -- October 22, 2012

Reevoo, the cloud-based social commerce solutions provider, today reveals its
benchmark figures for companies implementing social commerce and announces the
launch of an offer that will enable brands to improve their current results
with Reevoo.

Reevoo’s analysis indicates that the volume of user-generated content,
including reviews and consumer conversations, should include a 75% coverage
rate on products across page views. Considering that analyst firm Gartner, Inc
recently predicted that companies will generate 50% of web sales via their
social presence by 2015^1, companies falling short of these targets are
missing on the benefits of social commerce.

In a specific like-for-like example, Reevoo helped an international retailer
generate 59 times more value-added content in Europe across a higher number of
products than the provider responsible for the company’s US site.

Reevoo is therefore announcing the launch of an offer to businesses wishing to
improve on their current social commerce results. Companies will be able to
swap their existing solution for Reevoo, at no additional service charge for
the remaining period of their current contracts.

Steve Hurn, CEO of Reevoo says, “With analysts predicting that social commerce
will lead a sizeable majority of large companies’ sales in the next few years
to come, it’s clear that social commerce is an important part of the overall
business strategy, essential to staying competitive. At Reevoo, our social
commerce solution provides a 5 times higher response rate from consumers
writing reviews on products than other providers. Reevoo’s solutions are based
on a quick and seamless implementation process and we are able to start
collecting large volumes of verified data from the very beginning. Our
comprehensive, end-to-end solution is well placed to help companies stay agile
and get an edge on the competition.”

                                   - Ends -

Notes to editors

^1 Gartner, Inc: ‘Gartner Says Companies Will Generate 50 Percent of Web Sales
Via Their Social Presence and Mobile Applications by 2015’ - Analysts Discuss
the Future of E-Commerce at the Gartner Portals, Content and Collaboration
Summit - March 12-14, 2012 - http://www.gartner.com/it/page.jsp?id=1826814

About Reevoo

Conversations about your brand are already taking place, shaping consumer
opinions. Reevoo (www.reevoo.com) enables you to join those conversations so
you can attract, engage and retain more customers. Our social commerce suite
provides reviews, recommendations and community solutions that have an
immediate impact on your bottom line, and turn feedback into insights that can
guide your business.

More than 750,000,000 Reevoo-collected reviews and conversations are used
every month across 90 countries. Founded in 2005, Reevoo has pioneered a
unique social commerce model that continues to deliver far better results than
the industry standard for brands including Dixons, Ford Retail, Black &
Decker, Kuoni, Orange, and Sony.

Contact:

Media contact
Eleanor Armitage, Hotwire PR for Reevoo
eleanor.armitage@hotwirepr.com
+44 (0)20 7608 2500