SAN FRANCISCO, CA -- 10/21/09 --
Bizo,
the leading online B2B audience
targeting platform and advertising network, announced
today a revenue increase for the first three quarters of 2009, providing a
financial proof point of the growth and demand for online ad targeting for
B2B advertisers. During this period, Bizo added over 50 new B2B advertiser
clients and more than 300 publisher sites, while maintaining a 150% revenue
renewal rate among its advertisers.
Bizo, which launched its service in 2008, saw quarter over quarter revenue
grow more than 250% from Q1 2009 to the third quarter of the year, and the
company is on track to close the year with sequential 100% revenue growth
from Q3 to Q4.
"These numbers are an extension of the success we are able to deliver for
our advertisers and publishers. With Bizo, our customers can reach the
exact audiences they want, and get better results for their spend," said
Russell Glass, Bizo CEO. "At the same time, we are delivering much better
value for our publisher partners, and helping them diversify their digital
revenues away from the standard low-paying text ads."
Advertisers including UPS, Sprint, Capital One, Superpages and Hoover's
have tapped the Bizo network to reach targeted subsets of specific
industries resulting in campaigns with superior results.
"Hoover's is a valuable tool for sales and marketing audiences, and Bizo
allows us to efficiently reach specific target audiences to describe the
value we can deliver," said Rocky Brown, marketing manager for Hoover's.
"We have been working with Bizo for a few months now and are excited that
we have found a new channel that is showing increased ROI above and beyond
our past efforts."
To deliver high quality audiences and impressions, Bizo works with a
growing number of the top B2B publishers including Access Intel, Vance
Publishing, Lebhar-Friedman, MerchantCircle, McGraw Hill, Nielsen Business
Media, Spoke and others. Bizo helps its publisher partners earn better
rates for their audience on-site, and create brand new revenue streams for
their audiences off-site.
"Bizo gives us more than 100% better value for our impressions than any
other ad network while delivering additional revenues from anonymously
targeting our audience after they have left Spoke," said Frank Vaculin, the
CEO of business information publisher Spoke. "That's real money that goes
right to our bottom line."
Bizo also recently launched its Premier Reseller Partnership program, and
announced interCLICK as the first ad network to be accepted into the
program. The Premier status gives partners access to better pricing, more
visibility, sales training and other benefits that help them deliver more
value using Bizo business data.
Bizo offers a distinct value to each of the following groups:
-- For a B2B marketer, Bizo enables the targeting of specific business
audiences on publisher sites across the web to easily and affordably reach
highly qualified audiences.
-- For a publisher, Bizo creates new revenue opportunities and more
efficient monetization of online audiences.
-- For business audiences, Bizo decreases the volume of irrelevant
advertising across the web. Bizo only uses anonymous information, ensuring
complete user privacy.
About Bizo
Bizo, Inc. is the world's first targeted B2B audience targeting platform
and advertising network, and currently reaches more than 45 million
targeted business people across thousands of sites on the web. Bizo has
created a new approach to online B2B marketing with precise ad targeting
that's based on a prospect's bizographics -- industry, functional area,
seniority, size of company, education, gender, location and more. This
unique understanding of a person's bizographics allows Bizo to anonymously
deliver powerful ad targeting based on these attributes and behaviors. Bizo
is privately held and based in San Francisco, CA.
Contact
Christina Williams
Page One PR for Bizo
503.539.3619
Email Contact