Active Research Launches Most Unbiased, Comprehensive Product Recommendation Engine on the Web.SAN FRANCISCO--(BUSINESS WIRE)--Sept. 21, 1998-- Active Buyer's Guide Understands Consumer Needs & Preferences by Replicating Shopping Behavior Active Research Inc., a provider of technology to automate To turn a set of manual steps into an operation that goes by itself. See automation. market research, today announced the launch of its first service offering, Active Buyer's Guide(TM), the most unbiased, comprehensive Web-based product recommendation engine on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Active Buyer's Guide helps consumers find products or services that best match their own values, needs and preferences. Active Research licenses Active Buyer's Guide as a fully outsourced, privately labeled service to channel partners, such as portals and consumer information sites, who then offer it as a value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. to their visitors. "Because products are included independent of manufacturer or retailer participation," explains Tom DuBois, chief executive officer of Active Research, "Active Buyer's Guide provides the most comprehensive, objective product information on the Web today. Based on more than 25 years of research into consumer buying behavior, it is truly state of the art electronic commerce technology." Active Buyer's Guide is able to replicate rep·li·cate v. 1. To duplicate, copy, reproduce, or repeat. 2. To reproduce or make an exact copy or copies of genetic material, a cell, or an organism. n. A repetition of an experiment or a procedure. the consumer shopping experience, understanding and simulating the difficult trade-offs made while comparison-shopping. As a result, the service considers all of the shopper's needs and preferences to recommend products with the highest value for each individual. For example, Active Buyer's Guide recognizes that a consumer shopping for a digital camera may be willing to pay more for certain desired features or trade certain features for others to get the right price. Its convenience eliminates the time consumers usually spend filtering through the glut glut pronounced as rut, slut Vox populi An excess of a service or skilled labor in a particular area. See Physician glut. of product information available on the Web when researching products. "Active Research is addressing a critical need of shoppers," explains Jerry Michalski, president of technology consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Sociate and former managing editor of Release 1.0. "They want help in making smarter, quicker product decisions online, but still want to be able to comparison shop in a comprehensive, unbiased fashion as they do in the real world." How Active Buyer's Guide Works Active Buyer's Guide is powered by Adaptive Recommendation Technology(TM), sophisticated software that uses mathematical methodologies to simulate simulate - simulation decisions that consumers would make if they were to examine every product available on the market. This multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul ti·di·men technology enables Active Buyer's Guide to
intelligently hone in on what drives each shopper's decision making
process, building a unique behavior model for each individual. Complex
data mining then matches products to the behavior model to deliver
summary reports customized for that shopper.
For channel partners that host the Active Buyer's Guide, it is a hassle-free, "plug and play" service. Active Buyer's Guide attracts and retains site traffic because it is engaging, intuitive and easy to use. Active Research private labels the technology for the channel partner to seamlessly integrate with the host site, match its look and feel, and as a result, increase brand equity for the partner as the "originator Originator A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting " of the service. Finally, Active Buyer's Guide expands the partner's revenue possibilities from advertising and other sources. Active Buyer's Guide is completely developed, hosted, operated, and maintained from Active Research's facilities. Active Research licenses the service directly, and there are no start-up Start-up The earliest stage of a new business venture. fees or maintenance costs for channel partners. Active Research presently focuses Active Buyer's Guide on sites servicing the consumer electronics industry, with particular focus on digital cameras and camcorders. Current partners include The Imaging Resource, (www.imaging-resource.com), PC-Photo Forum, (www.pcphotoforum.com), and SomethingNow, Inc. About Active Research Active Research Inc. is a provider of technology to automate market research. Active Research offers companies in fast moving industries timely and relevant insight into consumer buying behavior so they can intelligently fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. the needs of their markets. The company's Market Research Automation technology reduces research time from months to minutes, providing real-time answers that facilitate smarter product decisions. Consumers find the ideal products to buy; manufacturers determine the ideal products to sell. Started in December 1997, the company is based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and on the web at www.activeresearch.com. |
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