Philadelphia, PA (June 11, 2012) - Monetate, a leader in online marketing technology, today announced that its CEO, David Brussin, has been chosen as a finalist in the Ernst & Young Entrepreneur Of The Year® 2012 program for the Greater Philadelphia region. The award recognizes outstanding entrepreneurs who demonstrate excellence and success in innovation, financial performance and personal commitment to their businesses and communities.
Under Brussin’s leadership Monetate achieved exceptional growth in 2011, with a yearly revenue increase of 278%. Fueled by its ability to empower brands to deliver a more relevant online customer experience, Monetate’s strong growth trend has continued in 2012 as the company strengthened its roster of top clients, adding more than 30 enterprise brands including OfficeMax and the Container Store. Comcast, QVC, Brooks Brothers, and Urban Outfitters are existing customers with documented ROI achieved through use of Monetate’s merchandising, testing, targeting, and site customization solutions.
“New technologies and experiences in the ecommerce world have led to customer demand for a highly personalized online experience,” said Monetate CEO David Brussin. “Helping our clients deliver a more relevant experience that meets these evolving expectations is Monetate’s focused goal and at the core of our growth. By using data and behavior indicators to tailor the online experience to individual preferences, we enable our clients to build successful, long-term relationships with their customers.”
Now in its 26th year, the Entrepreneur Of The Year Program recognizes business leaders who create the products, services and jobs that help our economy and communities grow. The Philadelphia-area finalists, who represent companies in the technology, biotech, healthcare, and other industries, were chosen by an independent panel of judges. Awards will be presented at a gala event on June 21 at the Pennsylvania Convention Center, Philadelphia.
“Philadelphia is one of the most vibrant entrepreneurial communities in the country, with a number of companies leading the next wave of innovation,” Brussin continued. “It is a great honor to be recognized as a finalist for this prestigious award along with so many other worthy entrepreneurs.”
Monetate drives billions of dollars of revenue every year for some of the best-known brands in the world, including Best Buy, QVC, Urban Outfitters, Aeropostale, The Sports Authority, and PETCO. The company’s comprehensive product suite and conversion expertise enable marketers to deliver a more relevant customer experience with unprecedented agility.
Leading marketers rely on Monetate’s cloud-based browser technology to achieve a new level of speed and control, allowing them to run 16 times more optimization campaigns compared to industry averages. The Monetate Agility Suite includes advanced products for testing, merchandising, targeting, and cross-channel consistency, providing an opportunity to bypass IT restraints and react in real time to customer demands. Monetate also helps marketers implement best practices and drive online revenue through its expert strategic services and content publishing teams. For more information visit http://monetate.com/ or follow us on Twitter @Monetate.
About Ernst & Young Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.
About Ernst & Young
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This news release has been issued by Ernst & Young LLP, a US client-serving member firm of Ernst & Young Global Limited.
Director of Corporate Communications
LaunchSquad for Monetate