Folks:
Kindly keep the Ciena et al posts in private messages or on the appropriate boards -- it's hard enough keeping up around here.
Thnks,
LP
PS
Tuesday September 22, 1:01 pm Eastern Time
Company Press Release
SOURCE: CDnow, Inc.
CDnow's Cosmic Credit Program Reaches 100,000 Member Milestone
The Web's Most Innovative and Fastest Growing Music Affiliate Program Creates Virtual Music Community
JENKINTOWN, Pa., Sept. 22 /PRNewswire/ -- CDnow, Inc. (Nasdaq: CDNW - news), the Internet's number one music store, announces its Cosmic Credit
Program reached 100,000 members. Cosmic Credit (cdnow.com/cosmic) is the fastest growing music-focused affiliate program, allowing sites to link to CDnow
to create an instant-retail capability. To celebrate this milestone, members of Cosmic Credit can offer their visitors a special $5 discount at CDnow.
''Cosmic Credit is more than an affiliate program,'' said Jason Olim, President and CEO of CDnow. ''It has become a thriving virtual music community.
Members enjoy what we believe to be the most comprehensive incentive program on the Internet, consisting of cash-only incentives, the ability to participate in
great promotions, as well as other special benefits and discounts. Cosmic Credit has evolved into an indispensable part of the online music world and become a
win-win for music fan sites and CDnow.''
Cosmic Credit's membership has grown five times in size since April of this year through the exclusive partnerships with GeoCities and Tripod, the two largest
web page hosting communities on the Internet. Both communities actively promote building music stores through Cosmic Credit as a benefit to their members.
Testimonial from Cosmic Credit Member
''I'm honestly impressed with the degree to which CDnow has reached out to directors of small music sites,'' said Eric Nevin, Webmaster of Marc Cohen: Move
Real Easy (www.oneart.com/cohn/index.html). ''As a webmaster, I appreciate the flexibility of the Cosmic Credit program. I wasn't forced to put large,
obtrusive banners on my site, and could instead link to CDnow in any way I chose. The program benefits all parties' involved and, once set up, runs quietly in the
background, leaving me to attend to the upkeep of my site, what a marvelous idea. Funny that no one else is doing it!''
Cosmic Credit has been extremely successful in its first 18 months. Serious music fans make up most of CDnow's Cosmic Credit members, along with online
magazines, recording labels and official band sites also participating. Cosmic Credit connects members to vast libraries of reviews, features from top music
writers and exclusive editorial content from Rolling Stone Network, MTV/VH1 and CMJ New Music Monthly, as well as the all inclusive catalogs of their
favorites artists. Cosmic Credit is the number one online customer-building program for CDnow.
About Cosmic Credit
Members can:
Earn up to 15% commission on purchases made through their links;
Take part in contests and promotions;
Receive a $10 bonus and package with free gifts soon after signing-up;
Participate in unsigned band contests, such as the Unheard Contest;
Receive special benefits and discounts on merchandise;
Connect to the international music industry;
Build customized links to their favorite bands' albums in a matter of
minutes;
Feature their site in the artist/band sections of CDnow and in other areas;
Check the success of their links online in the exclusive members section;
Place their own banner message on CDnow linking back to their site;
Partake in artist-driven CDnow promotions (like CDnow's exclusive release of Willie Nelson's Tales Out of Luck) and win exclusive prizes like signed
limited merchandise, instruments and other collectibles. |
