Press Releases: 2007
CHANNELADVISOR ANNOUNCES RECORD DAY OF OVER 13 MILLION E-COMMERCE CHANNEL SALES ON GREEN MONDAY
Multiple e-commerce channels continuing to fuel retailers’ holiday sales
Research Triangle Park, NC – December 12, 2007 – ChannelAdvisor, the leading provider of e-commerce channel management solutions, today reported the company had their first $13 million global gross merchandise value (GMV) day, Monday, December 10th, 2007. ChannelAdvisor has already broken its largest one day GMV total of $11.6m that was set just a few weeks ago on Cyber Monday, November 26th, 2007. The ChannelAdvisor technology platform saw new record performance across all geographies and online channels.
“ChannelAdvisor customers are seeing tremendous success this holiday season across multiple e-commerce channels and geographies,” says Scot Wingo, Chief Executive Officer of ChannelAdvisor. “We are thrilled to have facilitated over $13 million in product sales for our customers and trends are showing there are many more sales to come.”
ChannelAdvisor facilitated just over two transactions every three seconds during this twenty four hour time period. ChannelAdvisor customers are continuing to see strength from marketplaces, paid search and comparison shopping channels with Amazon Merchants@, Google Adwords and Google Product Search continuing to lead the way.
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About ChannelAdvisor Corporation
ChannelAdvisor provides technology and services that enable leading online retailers to maximise their profits across multiple e-commerce channels including marketplaces such as eBay and Amazon, comparison shopping engines such as Shopping.com, Kelkoo, Pricerunner and Google Product Search and paid search on Google, Yahoo! and MSN. ChannelAdvisor manages more than $2.5 billion in annualised GMV (gross merchandise value) on behalf of its 5,500 clients worldwide. ChannelAdvisor solutions combine best practices, on-demand software and integration technology to help retailers sell more products, faster, by automating labour-intensive, manual functions so they spend less time optimising campaigns and more time solving marketing and business issues. ChannelAdvisor's customers include Vodafone, 3M, Sears and eBags. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Atlanta, Seattle, the United Kingdom, Germany and Australia. For more information, visit http://www.channeladvisor.co.uk.
John Hayes
ChannelAdvisor UK Ltd
john.hayes@channeladvisor.com