|By Business Wire||
|April 9, 2014 03:00 AM EDT||
Locayta, a leading provider of eCommerce search, merchandising and recommendation technology, has today announced that it is changing its name to ATTRAQT and re-branding its merchandising platform as ATTRAQT Freestyle Merchandising. This completes the transformation of the business over the last few years from a provider of site search technologies, to today’s position as one of the UK’s leading providers of advanced online merchandising solutions to some of the world’s most successful retailers.
ATTRAQT Freestyle Merchandising is driving unprecedented online performance for brands including Boohoo, TESCO, Superdry, Nicole Farhi, TK Maxx, Ellis Brigham, Harper Collins and Emma Bridgewater. The technology enables eCommerce companies to control every facet of search, visual merchandising and product recommendations within a single platform – an offering that is unique in the marketplace.
ATTRAQT’s Freestyle Merchandising technology, which is compatible with all eCommerce systems and able to support sites in any language, has been proven to increase sales by up to 20 per cent. Clients are also reporting significant conversion increases within just months of implementation. A key feature of the system is Balance Factor®, a unique tool that enables the merchandiser to optimise, manually or dynamically, using behavioural data, their strategy to deliver not just the real time needs of the customer, but also the business objectives of the company at any given time.
The rebrand highlights ATTRAQT’s growing status as a market innovator in eCommerce solutions, with the company’s notable client list growing significantly year-on-year, a new office having opened in New York City in late 2013, and a confirmed reputation for excellence in client service and affordable, flexible eCommerce solutions.
Discussing the brand announcement today, CEO of ATTRAQT André Brown was keen to emphasise the unique nature of the company’s offering.
“Freestyle Merchandising is exclusive to ATTRAQT and represents an intelligent, profitable and constantly evolving approach to achieving the highly engaging experience online shoppers expect. We have enjoyed phenomenal success, particularly in the last two years with the explosion in online retail and felt the time was right to change the company name to one that better reflects the full scope of what ATTRAQT provides.”
Amongst clients experiencing the full power of ATTRAQT is Life Style Sports, who experienced a 33 per cent conversion increase almost immediately after implementing Freestyle Merchandising. According to Gordon Newman, the brand’s Head of eCommerce:
“The system is unbelievable. It generates powerful rules combined with the flexibility and speed to make changes and test new approaches with immediate results. It’s a superior product representing great value for money.”
Andre Brown added that ATTRAQT’s ethos will continue to underpin its technology advances with an absolute commitment to responsive, meaningful client service.
“Ultimately, the success of Freestyle Merchandising lies not just in the power of the technology itself, but also in its flexibility to the individual eCommerce strategy. It is therefore vital that as a service provider we work closely and meticulously with every client to adapt the tools to their business objectives. As we launch our new brand, we want to assure our current and prospective clients that the same high quality, personal service will continue, with the ultimate aim of delivering their competitive edge in the eCommerce market.”
About ATTRAQT Limited (formerly Locayta)
ATTRAQT is an industry leading provider of eCommerce solutions that enable retailers to define every aspect of their online search and merchandising strategy within a single system. The company was co-founded in 2003 by CEO André Brown, an expert in bringing new technologies to market, being one of the original team who introduced Adobe Acrobat to the UK.
ATRAQT has developed Freestyle Merchandising in response to the merchandising limitations imposed by many eCommerce systems. Freestyle Merchandising gives retailers fully configurable control over how products are prioritised, sequenced and promoted in conjunction with user preferences and behaviour. More than 20 specific tools are offered within the platform, addressing multiple issues including visual merchandising, product sequencing, intelligent navigation, mobile search, cross-selling and upselling, auto-complete and spell correction, and product and accessory recommendations.
Supporting hundreds of retailing clients internationally, ATTRAQT’s Software as a Service technology has been proven to improve online sales by up to 20%. Clients including Boohoo, TESCO, Superdry, Prezzybox, Life Style Sports and Nicole Farhi have also publicly reported a consistent correlation between the implementation of ATTRAQT Freestyle Merchandising and dramatic increases in conversion rates.