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2012 May 01
Company Description
Few things are more important for online merchants than fast, feature-rich product search.
Few things are more important for online merchants than fast, feature-rich product search. StackSearch has invented a cloud-based software service for e-commerce stores that enables them to turn more browsers into buyers -- and more buyers into repeat buyers. Over 80% of e-commerce shoppers go straight to the online store's search box or product navigation links. Shoppers of course gravitate to e-commerce sites that help them quickly find what they seek, and every 1/10 second of load time means a 1% decrease in conversions. Our product helps merchants reduce site abandonment; increase conversions; decrease SEO bounce rates; enhance customer retention. Our service: Until now, most existing solutions required expensive licenses or contracts to access features such as fast-indexing search servers, multi-select faceting, and auto-complete/auto-suggest. StackSearch provides these features as a subscription that is priced within reach of the 86% of online merchants that now use sub-optimal search functions that are bundled with their e-commerce platform. Most of these sub-optimal solutions are based on slow technology that is simply not built for today’s environment of cheap compute instances/bandwidth. StackSearch is built specifically for today's e-commerce environment. Our market: The global e-commerce will exceed $1.25T in 2013 and is growing 20% per year. We reside in the e-commerce tools market, which is a $12B market where cloud solutions are steadily grabbing more of this market. Our addressable market is the segment that books $1-50M in annual sales (approx. 25% of online stores). E-commerce merchants are in an arms race with the Amazons of the world, and StackSearch provides the guns. We are early-revenue stage, and we are opportunistically positioned with high growth potential, low capital intensity, and a top-notch management team.
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Manufacturer:
Software -
Formed:
May 1, 2012 -
Founders:
Sloan Ahrens -
Company Website:
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Company E-mail:
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Company Address:
Fayetteville, ARUnited States -
CEO:
- Sloan Ahrens
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