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PERQ Wins Top Honors in 16th Annual American Business Awards

Furniture World News Desk on 6/29/2018


PERQ recently announced that it took home a Gold Stevie Award for “Entrepreneur: Founding Team of the Year.” The company won for its proven innovation and growth in 2017, including a 300% increase in annual recurring revenues and expanding its Indianapolis-based team by 25%.

PERQ impressed judges with its successful expansion and roll-out of its AI-driven software that enables any website to offer personalized, guided research/shopping experiences. Originally introduced to automotive retailers in 2016 as a way to create better, more friendly online engagement with car buyers, the platform has been successfully rolled out to two other high-ticket verticals: home furnishings and multifamily.

“We share this recognition with our entire team – smart, talented, like-minded individuals that are focused on delivering innovative technology that helps our clients close more deals,” said Andy Medley, CEO and president. “PERQ has come this far because we’ve been fortunate enough to have brought together a group of people who enjoy daily challenges and understand that driving change means rolling up your sleeves and working hard.”

PERQ’s platform is driven by extensive consumer behavior data, and enables high-ticket retailers and businesses a way to bridge the online/offline gap as more consumers seek self-service options. This means, much like an Amazon.com experience, a consumer’s online journey is completely personalized and guided by their individual needs. In addition, websites know and remember who they are, including name, what they are interested in, and offer personalized options each and every time they return to the website to help move them toward a decision and, ultimately, lead them to an in-person visit.

“Today’s consumers are tech-savvy and like to be in control – they want to do most of their research online regardless of what they are shopping for – that means they expect more than an online brochure, and are put off by too many irrelevant banners and calls to action,” said Stephanie Ragozzino, PERQ’s Executive Vice President of Product. “With our online guided shopping solution, websites dynamically adjust to be relevant to the specific needs and interests of each consumer.”

“The nominations submitted for The 2018 American Business Awards were outstanding. The competition was intense, and those recognized as Stevie Award winners should be immensely proud of this accomplishment,” said Michael Gallagher, president and founder of the Stevie Awards.

The American Business Awards are the nation’s premier business awards program. This year, more than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted for consideration in a wide range of categories. More than 200 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.




More about PERQ: PERQ (www.perq.com) boosts website conversion through its online guided shopping solution which leverages artificial intelligence to dynamically change existing websites to deliver the next best step in each buyer’s shopping journey. As experts in online consumer engagement and behavior, PERQ leverages over 10 million consumer data points, along with real-time visitor behavior.

Founded in 2001, PERQ solutions are successfully used by more than 1,000 businesses in the home furnishings, auto retailing and multifamily industries. Its brands have been named to the Inc. “500 Fastest Growing Companies in America” list on three separate occasions. In 2017, PERQ won the Gold Stevie® Award for lead generation software and Product of the Year in the Big Business Awards.