TSIG.com Reports Fourth Quarter Membership Sales
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jan. 18, 2001-- TeleServices Internet Group Inc. (OTCBB:TIGI - news), also known as TSIG.com, today announced that net sales of The Affinity Group's Membership Programs grew to 70,691 (unaudited) in the fourth quarter of 2000, compared to 9,791 in the fourth quarter of 1999. As previously announced, 12,350 of the new membership sales were generated over the Internet.
The 70,691 sales were derived from three types of membership club programs. 46,082 were travel membership clubs, 18,000 were mini-vacation programs, and 6,609 were buyer's clubs. These club memberships, each of which costs the consumer approximately $100 annually, are designed to offer the best products, to the most customers, for the lowest customer acquisition cost in the industry.
``From these fourth-quarter numbers, it is clear that we are seeing tremendous growth in our membership-based programs,'' stated Scott Roix, CEO of TSIG.com. ``We are especially gratified to see a rapid rise in Internet sales, because these are the most profitable for the company. With the new products and new alliances we have in the pipeline, we fully expect these growth trends to continue, thanks to the hard work of our more than 300 employees.''
About TSIG.com
Teleservices Internet Group Inc., also known as TSIG.com, is a Florida-based marketing and e-commerce company that focuses on the acquisition and retention of customers through marketing and promotional programs that utilize the most efficient technologies and distribution systems.
TSIG.com recently acquired The Affinity Group, a database marketing and sales company, and General Search.com, a family-friendly search engine with one of the most accurate search results on the Internet. These acquisitions give TSIG.com the technology and management expertise needed for effective consumer marketing, and the unique advantage of an end-to-end consumer marketing group. TSIG.com has marketing programs and distribution channels designed to acquire customers at low cost, and then offers additional loyalty programs and content that will make the customer a repeat customer.
With a new management team, a focused business strategy and experienced marketing and IT professionals, TSIG.com is poised to become a leader in providing traditional and e-business sales and services. The company's current corporate partners include Pennzoil and Coca-Cola. More information about the company is available at www.tsig.com.
Forward Looking Statements
This press release contains ``forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of (1) competition in the markets for the company's products and services; (2) the ability of the company and its partners to execute their plans successfully; (3) the ability of the company to finance its operations; and (4) other factors noted in the company's SEC filings.
Contact:
TeleServices Internet Group Inc., St. Petersburg
Paul Henry, 727/897-4036
phenry@tsig.com
or
Steve Kaston, 631/784-7838
skaston@tsig.com |
