Terapeak Launches New Sales Analytics Tool for Online Sellers

Merchants will gain insight into the World’s Largest E-commerce Marketplaces

Palo Alto, CA - April 8, 2013 – Terapeak today released MySales, a sales analytics application extension launched exclusively on the Magento Connect Marketplace. Integrated with Terapeak’s flagship solution, Terapeak for eBay, MySales provides Magento retailers with unprecedented insight into their sales data across multiple channels in a single view. For the first time, Magento and eBay merchants of any size will have the opportunity to see how well their sales and merchandise compete across the world’s largest E-commerce marketplaces.

MySales currently supports the Magento, Amazon and eBay channels. MySales has the capability to expand to additional marketplaces, enabling online retailers to better understand their own success across multiple channels. Terapeak cuts through the noise of E-commerce data so online merchants can see patterns, trends and correlations between their business and the marketplace. They can also monitor and compare their disparate business information in one place. The official launch of MySales will be at the Magento Imagine Conference in Las Vegas, Nevada from April 8 to April 11, 2013. The Imagine Conference is Magento's premier global E-commerce conference bringing together over 1500 merchants, partners, developers and enthusiasts from 35+ countries.

“I am very excited about the release of the MySales solution,” said Kevin North, President and CEO of Terapeak. “We want our customers to have access to information and tools that will enable them to achieve greater visibility into their own sales performance. By having the ability to compare their activity across multiple channels, our customers can determine how and where they can diversify their business. MySales is a natural extension of the market intelligence that Terapeak currently provides to online merchants.”

As the leading E-commerce analytics platform provider, Terapeak serves more than 1.3 million online retailers, and offers valuable data-driven reporting to clients ranging from small business merchants to Fortune 500 companies. E-commerce merchants use Terapeak’s reporting to evaluate price points, market trends, and their competition.

“MySales is a welcome addition to the Magento Connect Marketplace,” said Ryan Thompson, Director of Partnerships for X.Commerce, an eBay Inc. company. “Businesses using Magento are always looking for innovative ways to attract and retain customers and increase revenue. Terapeak arms them with practical, real-time information that can be used to grow their online business.”

About Terapeak

Terapeak is the leading source for analyzing, understanding and predicting consumer and product behavior in e-commerce. As the first authorized analytics provider of eBay market data, and the leading aggregator of e-commerce data for eBay, Amazon, Yahoo! Japan and Magento, Terapeak is an indispensable resource for over 1.3 million online merchants.