Marchex and The Cobalt Group Partner to Deliver Online and Offline
Call-Based Advertising Services to Auto Dealerships Throughout North
America
SEATTLE (Business Wire EON/PRWEB ) April 2, 2008 --
Marchex, Inc. (NASDAQ: MCHX) (NASDAQ: MCHX-), a local online advertising
company and leading publisher of local content, today announced that its
VoiceStar subsidiary has signed a new comprehensive agreement with The
Cobalt Group, North America’s leading provider
of automotive marketing services, to provide call tracking and
pay-per-phone-call services to Cobalt’s local
auto dealers across North America. Cobalt provides marketing services to
more than forty percent of the auto dealerships in the United States.
For Cobalt, Marchex has generated tens of thousands of custom, trackable
phone numbers for Cobalt’s auto dealerships to
use in their offline and online advertising campaigns. Whenever
consumers use one of the phone numbers, Marchex’s
VoiceStar technology: (i) enables Cobalt to determine the advertisement
or Web site that was the source of the call, (ii) tracks and reports key
information including the duration of the call, time of day and
geographic location of the caller and (iii) records the call. This
information is available through an online reporting interface and
enables Cobalt and their auto dealer and manufacturer clients to measure
and increase the effectiveness of their advertising campaigns.
Cobalt is also taking advantage of Marchex’s
call technology and services to place pay-per-phone-call advertisements
for their local dealerships across several search engines and Web sites.
The dealer pays only when a consumer initiates a call into their
business. This ensures the dealer receives only the most qualified leads
and helps maximize their online advertising budget.
“We partnered with Marchex because of its
ability to rapidly deliver comprehensive call-based advertising services
at unparalleled scale and its best-of-breed reporting and analytics
capabilities,” said John Holt, co-founder,
Chairman and CEO of Cobalt. “The addition of
Marchex’s call tracking and pay-per-phone-call
services to our offering furthers our ability to provide dealers with
top-of-the-line marketing products and services that help increase
automotive sales while lowering the overall marketing cost per vehicle
sold.”
“We are very excited to deepen our
relationship with the leading marketing services provider for the
automotive industry,” said John Keister,
President and COO of Marchex. “This is an
important step for Marchex as we continue to build relationships and
deliver our products within important local categories such as
automotive. In 2008 and beyond, Marchex will focus on partnerships with
additional local advertising category leaders such as Cobalt, and with
leading aggregators of local advertisers across all categories.”
About Cobalt
Cobalt is North America’s leading provider of
automotive marketing services. For over thirteen years, Cobalt’s
exclusive mission has been to help automobile dealers and manufacturers
increase their retailing effectiveness and profits. Cobalt provides
marketing services to over forty percent of the automotive dealerships
in the United States, as well as automotive dealers in Canada and
Mexico. Cobalt is endorsed by two-thirds of the world’s
major automotive manufacturers. Cobalt is also endorsed by the American
International Automobile Dealers Association (AIADA).
About Marchex, Inc.
Marchex (www.marchex.com) is a
local online advertising company and leading publisher of local content.
Marchex’s innovative advertising platform
delivers search- and call-based marketing products and services for
local and national advertisers. Marchex’s
local content network, one of the largest online, helps consumers make
better, more informed local decisions through its network of
content-rich Web sites that reach tens of millions of unique visitors
each month.
Forward-Looking Statements:
This press release contains forward-looking statements that involve
substantial risks and uncertainties. All statements, other than
statements of historical facts, included in this press release regarding
our strategy, future operations, future financial position, future
revenues, acquisitions, projected costs, prospects, plans and objectives
of management are forward-looking statements. We may not actually
achieve the plans, intentions or expectations disclosed in our
forward-looking statements and you should not place undue reliance on
our forward-looking statements. Actual results or events could differ
materially from the plans, intentions and expectations disclosed in the
forward-looking statements we make. There are a number of important
factors that could cause Marchex’s actual
results to differ materially from those indicated by such
forward-looking statements which are described in the “Risk
Factors” section of our most recent periodic
report and registration statement filed with the SEC.
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