AGRS
On behalf of my pick:
DT
Post # of 138
Full Shop@AOL news release:
[Paragraph 3 refers to its retail partners: I wonder if AGRS and
select-shopper.com are included in that... any ideas, anyone? This looks like
a worthwhile investment to me...! Nice how we get this AOL news release as a
precursor to the possibilities of any AGRS news release!]
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Wednesday May 19, 11:23 am Eastern Time
AOL plans Shop@AOL,cites strong Q3 online shopping
DULLES, Va., May 19 (Reuters) - America Online Inc. (NYSE:AOL - news) on
Wednesday said it will introduce this summer a new online shopping service to
capitalize on its momentum as a destination for electronic commerce among
consumers.
AOL said subscribers spent more than $1.8 billion at shopping sites on its
online services during its fiscal third quarter ended in March, marking the
company's push beyond Internet access and programming to become a major
e-commerce destination.
America Online said its new Shop@(at)AOL service represents the next
generation of shopping by incorporating a merchandising strategy for AOL
retail partners to drive sales of its retail partners' goods and services.
Shop@(at)Netcenter and Shop@(at)CompuServe will become available later
this year.
The new service includes improved personalization features to cultivate
consumer loyalty among retailers operating on AOL services, enhanced
product search tools, a faster checkout
system, and a merchant quality assurance system for consumers.
The $1.8 billion AOL members spent in the company's fiscal third quarter
compares with the $1.2 billion online spending spree on AOL during the 1998
holiday season and is 75 percent
above the amount AOL members spent in its September quarter.
The company previously reported it took in $210 million in revenues from
advertising and electronic commerce during the quarter in March, reflecting its
cut of business from sales by
scores of major name retailers located on its online services.
Jeff,
Put me down for AGRS for tomorrow, ok? <g>
Fred |
