Another great example. Better check your information. This one below is a beauty. Maybe we should get their PR firm? And from the same wire service we used, BUSINESS WIRE. Ignorant? Now who's ignorant? better erase your previous message. Not sounding too bright.
sword
Business Editors/High Tech Writers
HOUSTON--(BUSINESS WIRE)--Feb. 24, 1999--Intermallamerica.com, a
Houston-based company that operates its own interactive shopping mall
on the Internet, announced today that it attracted approximately
250,000 unique visitors to its E-commerce site in the final two months
of 1998, making it one of the fastest-growing online shopping malls in
the United States.
Intermallamerica.com differs dramatically from its competitors --
Yahoo! Store (NASDAQ:YHOO), iMall (NASDAQ:IMAL), iCatmall, AOL's
marketplace (NYSE:AOL) and Choicemall -- in that it is created to look
like and feel like an actual brick-and-mortar shopping mall. Its
dozens of merchants are organized on several different levels of the
mall, much as they would appear in a typical shopping environment.
"You can shop and find products even faster and easier in the
Intermall than you can in a physical mall," explains Cheryl D. Austin,
president of Intermallamerica.com.
E-commerce numbers continue to soar. International Data Corp., a
prominent technology market research firm, recently reported that
Internet commerce will exceed $400 billion by the year 2002,
reflecting a compound annual growth rate of 103 percent.
Cyberdialogue, another noted research organization, also reported that
the online sale of mainstream luxury items -- travel, clothing,
jewelry, electronics, etc. -- has skyrocketed by over 200 percent in
the last year alone.
According to a recent survey conducted by the leading Internet
research firm, Jupiter Communications, the average online mall
contains only 19 small to mid-sized stores with minimal, if any, real
Web presence. Besides its appealing look and feel, and the
cost-effective means for small businesses to conduct E-commerce, it
has been able to attract over 100 merchants, including such big-name
merchants as Barnes & Noble (NYSE:BKS), Bugle Boy, Omaha Steaks, Music
Boulevard, eToy, Beyond.com (NASDAQ:BYND) and Cyberian Outpost
(NASDAQ:COOL).
"Especially large and more established companies with an
extensive existing Internet presence have found that
Intermallamerica.com is a very cost-effective way to channel more
visitors to their sites. Through our heavy promotion of
Intermallamerica.com, we are driving up the total number of visitors
to all of our online vendors' sites at a fraction of the cost that
many of them are used to paying on their own," adds Austin |
