Nosto Announces Major Milestone of $6 Billion GMV on Magento

NEW YORK, May 10, 2019 (GLOBE NEWSWIRE) -- Nosto, a Magento Premier Partner and global leader in ecommerce personalization and artificial intelligence (AI) for retail, today announced that its customers on the Magento platform using Nosto’s personalization software have reached over $6 billion in USD in GMV.

As the only personalization platform awarded the highest Magento partnership level, Nosto has helped over 1,500 Magento merchants deliver 1-to-1 personalized shopping experiences, helping them grow an average of 25% in 2018 — 39% more than the global ecommerce market average of 18% according to DigitalCommerce360.

In 2018 alone, Nosto influenced over 4 billion unique shoppers’ journeys and served 16 billion predictive product recommendations — a level of scale in the Magento ecosystem that is unmatched by other personalization solutions.

“With our Premier Partner recognition, fast deployment via a seamless 1-click integration for Magento on both M1 and M2, a unique patented onboarding process, and a fully supported data ecosystem, Nosto i clearly the most established personalization solution on Magento for mid-sized and enterprise retailers,” says Jim Lofgren, CEO of Nosto.

Nosto has been consistently recognized for its technology leadership in the Magento ecoystem with multiple awards. In 2018, Nosto was recognized at Magento Imagine with the Magento Thought Leader award for delivering the greatest impact to the commerce industry, and an Excellence award with its agency partner Guidance and customer, Kate Somerville Skincare.

Nosto’s comprehensive support for Magento retailers includes having the most robust set of partner integrations, enabling the use of behavioral data across the complete omnichannel customer journey. Nosto customers can enrich their AI-powered personalization with user generated content and reviews from platforms such as Yotpo, Trustpilot, and Olapic, and social commerce tools such as Foursixty.

Additionally, Nosto integrates with all major ESP to enable a fully personalized email experience, and is infinitely extendable via it’s powerful GraphQL API.

As a proud Magento Premier Partner committed to serving the Magento community, Nosto will be hosting two exciting sessions at Magento Imagine 2019:

• Fashion Ecommerce, Transformed: Present and Future Data Trends Influencing Fashion Retail
  Speakers: Jim Lofgren, CEO of Nosto and Rob Trauber, CEO of Johhny Was

• Maximizing your Magento Upgrade - Tactics and Best Practices for Continued Success
  Speakers: Rory Gilmore, Head of Customer Experience, Nosto, Scott Huckleberry, EVP & COO, St. John Knits, and Dannica Hutton, Senior Solutions Strategist, Corra

About Nosto
Nosto enables retailers to deliver personalized digital shopping experiences at every touch point, across every device. An AI-Powered Personalization Platform designed for ease of use, Nosto empowers retailers to build, launch and optimize 1:1 omnichannel marketing campaigns and digital experiences without the need for dedicated IT resources or a lengthy implementation process. Leading commerce brands in over 100 countries use Nosto to grow their business and delight their customers. Nosto supports its clients from its offices in Helsinki, Berlin, Stockholm, London, New York, Los Angeles and Paris. More information can be found at http://www.nosto.com.

Media Contact: 
Kristen Grossi
talkTECH
[email protected]

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