Website Conversion and Sales Jump by 5.4% for ReStockIt.com with buySAFE Bonding Service
Arlington, VA and Hollywood, FL (July 22, 2010)
buySAFE, Inc., a leading provider of consumer confidence and website conversion solutions, and ReStockIt.com, a leading online retailer of business and home office supplies, electronics, restaurant and kitchen supplies, and janitorial and cleaning supplies serving the small business and consumer markets, determined during a recent A/B test that buySAFE Bonding significantly increased their website conversion rates and sales.
ReStockIt.com utilized an A/B testing methodology to objectively measure the conversion, sales and profit impact of using the buySAFE Bonding service. The results were clear and impressive. buySAFE Bonding increased the ReStockIt.com website conversion rate by 5.4%. The test was conducted over a multi-week period in May 2010 with over 130,000 unique site visitors included. The results were highly statistically significant. Over the course of a year, this conversion rate increase will translate into significant increases in sales and profits for ReStockIt.com as a result of using the free buySAFE Bonding solution.
"We've found tremendous value in the buySAFE Bonding service," said David Redlich, Co-Founder and Co-CEO of ReStockIt.com and featured speaker at IRCE 2010. "Increased website conversion and sales while increasing confidence of our customers very simply, it made sense for us. We look forward to a long and prosperous relationship with buySAFE".
"The team at buySAFE is outstanding," said Jennifer DiMotta, VP of Marketing at ReStockIt.com. She added "And the buySAFE solution has helped us increase website conversions and monetize the traffic to our website more effectively. I'd recommend it to any etailer looking for ways to increase conversion, sales and profitability."
buySAFE, Inc. provides a transactional guarantee program for online merchants to increase profits and customer satisfaction. buySAFE is partnered with Liberty Mutual and Assurant Specialty Property. With over 5 billion online impressions of buySAFE each year and over 90 of the top 1,000 online merchant websites, buySAFE is widely recognized as an industry leader in providing its unique Guaranteed Shopping programs. buySAFE's investors include Grotech Ventures, Core Capital Partners, Symantec Corporation and The Hartford Financial Services Group.
ReStockIt.com (www.ReStockIt.com), founded in 2004 by entrepreneurs David Redlich and Matt Kuttler, has fast become a leading online store offering supplies for small businesses. The company sells name brand business and home office supplies, electronics, restaurant and kitchen supplies, and janitorial and cleaning supplies serving the small business and consumer markets. ReStockIt.com, who offers free shipping on 100,000 products, sells more than 200,000 from over 3,100 leading manufacturers such as Energizer, Hewlett Packard, and Purell/Gojo. ReStockIt.com has been honored with many prestigious awards including South Florida Business Journal Business of the Year in 2008 and 2010, Finalists for Ernst & Young Entrepreneur of the Year, and the 3rd fastest growing Internet Retailer in the US by industry leading Internet Retailer Magazine. For more information, visit http://www.ReStockIt.com/
Hans Dreyer (703) 778-4445