OneChannel.net Signs Up Leading InternetRetailer Egghead.com; Delivers New Competitive Benchmarks
May 21, 1999 08:01 AM
PALO ALTO, Calif.--(BUSINESS WIRE)--May 21, 1999--OneChannel.net, the first-of-its-kind online center of commerce for manufacturers and web retailers, today announced that Egghead.com EGGS , one of the top shopping sites on the Web according to recent surveys, has signed on as a Charter Subscriber.
When the OneChannel.net site goes live May 24, it will include more than two dozen charter members, like Egghead.com, that represent top-tier retailers as well as the leading producers of goods and services sold over the Web.
These companies are turning to OneChannel.net to monitor sales data and receive the news and information necessary to get and stay competitive in today's e-commerce marketplace.
"Egghead.com is one of the leading brands on the web, so it is no surprise that the company continues to improve the management of its marketing data," said Karl Hirsch, president and CEO of OneChannel.net. "By using OneChannel.net for reporting its sales performance, Egghead.com will quickly be able to analyze its competitive position in order to increase its revenue potential."
OneChannel.net helps companies make fast and accurate decisions on e-commerce strategies and investments by providing members with the ability to capture and analyze their sales performance, compare their performance against industry benchmarks, instantly communicate with potential and existing partners, and stay current with relevant news about the rapidly changing e-commerce industry, all from a single, secure and personalized location.
"With OneChannel.net, we will be able to quickly view how our sales are performing relative to industry benchmarks," said Jim Kalasky, vice president of Merchandising and Advertising for Egghead.com. "In our competitive industry, this type of information allows us to make rapid strategic decisions that improve our business, and in turn, the businesses of the companies whose products we sell."
The OneChannel.net online center of commerce offers three e-commerce services for manufacturers and web retailers:
-- Performer -- OneChannel.net collects sales data from
participating web retailers, integrates this information and
presents it over the web or through e-mail, so performance can be
analyzed relative to industry category benchmarks or other
metrics such as company, timeframe or product/category. This
provides operational efficiencies, cost savings and competitive
visibility. OneChannel.net's data-capture and management function
lets web retailers send a single report of their sales results on
a daily or weekly basis to OneChannel.net, rather than preparing
multiple sales reports in separate formats to each of these
individual manufacturers. Manufacturers, in turn, receive updated
sales results by channel, rather than having to wait for
individual retail reports and then attempting to collect,
integrate and compile them. Both retailers and manufacturers are
able to measure sales results individually, as well as against an
aggregated performance benchmark.
-- Community -- OneChannel.net gives members the ability to identify
partnership opportunities quickly, and act on them instantly. A
custom-developed broadcast function makes it simple for companies
to alert existing or potential partners to news about products,
promotions or performance thresholds. This two-way communication
channel allows retailers to stay competitive with product
offerings, and helps manufacturers take advantage of retail
promotions and special offers. Members have access to
comprehensive databases populated with contact lists of companies
that produce goods and services (manufacturers of hardware,
software, general goods or services), companies that sell them
(distributors, resellers and retailers), sources of consultation
and expertise (analyst firms and service specialists), as well as
other industry resources (e-commerce conferences and tradeshows).
-- NewsBeat -- OneChannel.net captures, culls and delivers the most
significant news stories on e-commerce, updated in real-time, to
give companies the right information to make the right decisions
about business on the web. In addition, OneChannel.net has access
to 12,000 stories a day, published by 50 news wires that deliver
up-to-date news on industry events, companies, products and
promotions.
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