Kudobuzz Doubles Revenue in Third Quarter of 2014; Records Over 25% Month-on-Month User Growth

MEST | Tuesday, December 16th, 2014

MEST portfolio company Kudobuzz, the reviews and marketing solution for online SMBs, today released reports showing exponential revenue growth and increasing adoption among online retailers on Shopify, Tictail, Storenvy, and WordPress.

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According to Kudobuzz CEO, Kena Amoah, this strong showing validates Kudobuzz’s product offering and obsessive attention to customer service: “We’re pleased to see that our approach of putting customer satisfaction first is paying off. It would’ve been difficult to grow this fast if not for the patronage, support, and feedback from our customers. We’re even more dedicated to constantly improving Kudobuzz with our users’ feedback in mind.”

A snapshot of the successes reported by Kudobuzz in 2014 Q3 include:

  1. Doubled revenue with 80% month-on-month revenue growth
  2. Signups increased by over 25% growth month-on-month
  3. Conversion from free to paid customers grew by 50% month-on-month

[Tweet “MEST portfolio company @Kudobuzz is seeing monthly user signup growth of over 25%.”]

Founded in 2013, Kudobuzz makes it easy for SMBs to find the great reviews their customers are posting to social media sites like Facebook and Twitter, and publish those glowing testimonials right on their online storefronts. After seeing this social proof, visitors to Kudobuzz-optimized websites are far more likely to make a purchase.

Kudobuzz also helps merchants collect and display SEO-optimized product reviews, which helps the store show up more prominently in Google search results. Ultimately, merchants who use Kudobuzz enjoy a boost in traffic as well as sales.

“Here at Kudobuzz, we’re obsessed with helping SMBs put their best foot forward online and make more money,” said Kena Amoah, Kudobuzz CEO. “We’re currently working on a complementary suite of tools that make it easy for hardworking small business owners to turn their fans into customers for life.”

Currently available on four platforms (Shopify, Tictail, Storenvy, and WordPress), Kudobuzz plans to integrate with even more platforms in the near future. Key Kudobuzz features include:

  1. Find glowing reviews on social media sites such as Facebook, Twitter, Instagram, and Google+. Kudobuzz Smart Inbox brings all those reviews directly to your dashboard
  2. Display the most positive social media reviews on your website via an attractive widget that is easy to install and customize
  3. Smart inbox also flags bad reviews, which lets users quickly respond to disgruntled former or prospective customers
  4. Collect verified product reviews with the After Purchase Mail feature
  5. Display verified product reviews right on the product page
  6. Publish testimonials to search engines and business directories to improve SEO

Store owners can try out Kudobuzz by visiting kudobuzz.com.