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Carrot Helps Online Retailers Close the Deal

TORONTO, ONTARIO, Mar 22, 2012 (MARKETWIRE via COMTEX) —
For online retailers, cart abandonment is a frustrating reality. On
average, 75% of shopping carts are abandoned and less than 4% visits
result in a sale.

To solve this problem, Kibboko is launching Carrot, a subscription
software service that helps online retailers increase conversion
rates and turn more visitors into happy customers. Carrot(TM) uses
the proven “that’s not all!” technique. When a shopper adds an item
to their cart, Carrot displays a promotional offer, such as a free
gift or a coupon from the retailer. The shopper receives the item by
completing the purchase.

“Carrot is a fresh approach to help internet retailers close more
sales,” said Kibboko CEO Keith Bates. “For example, a linen store
could offer romantic candles with a purchase of bed sheets. Or they
could offer a coupon. Timed right, this small gesture can make a big
difference in closing sales. It makes for a happy shopper and a happy
retailer.”

Carrot is a service available for online retailers on eBay’s Magento
platform, in both Community and Enterprise Editions.

“Carrot is quick to set-up, easy to use, and provides retailers with
instant access to their data,” said Bo Xu, Lead Developer at Kibboko.
“And we’ve put just as much effort into the back end, making sure
that the service is extremely rugged, reliable and can scale to any
size of retailer.”

To learn more about Carrot visit
www.kibboko.com or the Carrot page
at Magento Connect:
http://bit.ly/xrjnpM .

About Kibboko

Kibboko, Inc. is a software company located in Toronto, Canada,
focussed on serving online retailers. Kibboko is a Magento Bronze
Partner. Kibboko’s products have served over 35 million visitors and
been the subject of nine patent applications. “Kibboko” and “Carrot”
and their respective marks are the property and trademarks and
copyright works of Kibboko, Inc. All rights are reserved. Visit
kibboko.com for details.



        
        Contacts:
        Kibboko, Inc.
        Stacey Feero
        Business Operations Manager
        (416) 969-0307 x 225
        press@kibboko.com
 
www.kibboko.com            
        
        


SOURCE: Kibboko, Inc.



        mailto:press@kibboko.com
 
http://www.kibboko.com            


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