ATLANTA, November 1, 2006 -- JupiterResearch's "Email Marketing Buyer's Guide, 2006" once again cites Silverpop among the top large enterprise-oriented email service providers (ESPs) offering outstanding business value and market suitability. This is the third year in a row that Silverpop has been given one of the highest scores in its category and the fourth year it has scored in the top five in its category. Silverpop is the only company that has consistently appeared as one of the top five enterprise-oriented ESPs in the Buyer's Guide each of the last four years.
The analyst firm's top ranking is underscored by the privately-held company's impressive financial growth over the last four years. From 2002 through 2005, Silverpop's revenues grew a remarkable 1,650 percent, equating to a 102 percent compound annual growth rate for the period. That level of success makes Silverpop one of the fastest growing private companies in the U.S., the equivalent of a number 33 ranking in Inc. magazine's recent 2005 rankings. Strong financials have also led to continuing profitability for the thriving email marketing company.
"We are extremely pleased that we have been continually ranked as a top performer in our industry over such a long period of time," said Silverpop CEO Bill Nussey. "We believe our commitment to our clients' success has been the single greatest contributor to our consistent growth, both financially and in the analyst reviews. We also believe that it has contributed to our extraordinarily high client retention rate -- the highest among our direct competitors."
Nussey said Silverpop's focus on customers is driving extraordinarily strong growth this year as well. The company ended the first half of 2006 with a 75 percent growth in revenue over the same period in 2005, and posted an astonishing 287 percent growth in profits.
Earlier this year, Silverpop had announced partnerships with Coremetrics, Omniture, WebSideStory and WebTrends, becoming the first email service provider to have reached agreements with all four top Web analytics providers. This achievement was recognized in the JupiterResearch report, which noted Silverpop for its focus on infrastructure improvements and for its integration with a variety of Web analytics providers.
"We are building on our success this year by investing heavily in product development, client services and infrastructure," Nussey said, "and those investments are among the reasons we continue to be ranked at the top of the industry by not only JupiterResearch but by our clients as well. Rather than sit back and simply enjoy our successes, we are re-investing our resources into building the strongest company in the marketplace."
JupiterResearch also noted Silverpop's innovative features in giving it a top score. For example, the report made specific reference to one of many new features included in the company's latest release that enables marketers to optimize send times for each recipient, correlating the time a recipient receives an email based on previous subscriber behaviors like opens and clicks. Silverpop also has previously been recognized by JupiterResearch for its excellent provisions for testing dynamic content permutations and for its solid reporting capabilities.
"We're thrilled to have received such high evaluations so consistently for so many years, particularly by such a prestigious analyst firm like JupiterResearch. We're especially pleased that JupiterResearch recognized the high satisfaction our clients feel about our product and services," Nussey said. "Our clients know we have the strength and stability to meet their needs now and long into the future."
Silverpop is a leading provider of permission-based email marketing solutions, strategy and services, with offices throughout the United States and in the United Kingdom. Silverpop helps marketers cultivate and maintain long-term strategic relationships with customers and partners by maximizing the potential of email as a relationship tool. Its flexible service model allows marketers to choose from full service or ASP and easily move between the two, making it an ideal solution for any stage of an email program. Silverpop provides email marketing to industry leading companies including Fossil, The Bombay Company, British Sky Broadcasting, Weather.com and more. Best practices and white papers are available at www.silverpop.com.