What is the state of the industry as it relates to e-commerce search?
Corey Leibow: The momentum that’s been created has been extraordinary. There is a confluence of events and developments that are making this happen. Number one, large multi-channel retailers are really figuring out that e-commerce is by far the fastest-growing and largest opportunity to grow their customer base and revenue. We’re seeing a large uptick in investment from large multi-channel retailers. At the same time, small and mid-sized pure-play e-commerce sites — in the US$1 million to $20 million annual sales range — are also coming on board. Literally, we are adding customers there every week. ECT: What specifically are they seeking from Mercado and your fellow search vendors? Leibow: These customers are really trying to figure out how to differentiate themselves from the rest, not just by focusing on price and availability but the ability to have a unique customer experience, to create value for the customer. We have solutions that are incredibly cost-effective and it’s opened
