Amazon Services to Provide American Express Merchants with Special Offer for Selling Through Amazon.com.SEATTLE & NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ), and American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. today announced an agreement to give merchants who accept the American Express card a special offer to sell their merchandise on the Amazon.com Web site. Through this agreement, businesses in the U.S. that accept the American Express(R) Card can join the Amazon Services Pro Merchant program to sell on Amazon.com with no subscription charges for the first three months. American Express merchants can find more information and take advantage of the offer by visiting American Express Business Savings at www.americanexpress.com/bizsavings. "Amazon Services is excited to join American Express in offering their merchant network a special offer for creating incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. sales of their products through the power of the Amazon e-commerce platform," said Tom Beckwith, Amazon Services Vice President for Service Sales. "With the busy holiday retail season just around the corner, the timing is perfect for American Express merchants to begin offering their products to the millions of shoppers who visit Amazon.com." Hundreds of thousands of active seller accounts offer new, used, and collectible collectible An asset of limited supply that is sought for a variety of reasons including, it is hoped, an increase in value. Stamps, antiques, coins, and works of art are among the many things usually classified as collectibles. products on Amazon.com using Amazon Services solutions designed for retailers of all types and sizes. The Pro Merchant program offers retailers volume-listing tools, Amazon.com storefront capabilities, and unlimited free listings for a monthly subscription cost of $39.99 plus a commission when products sell. Some of the many Pro Merchant product categories which qualify for the Amazon Services-American Express offer are Apparel & Accessories, Gourmet Foods, and Sports & Outdoors. "American Express is pleased to make the Amazon Services Pro Merchant program even more compelling through our Business Savings Program," said Elizabeth Rutledge, Vice President, Establishment Services, American Express. "With Amazon Services, merchants can realize true costs savings while expanding their businesses, simply as a benefit of accepting the American Express Card." Business Savings from American Express is offered at no cost to any and all merchants in the American Express network across the U.S., regardless of size or location. Merchants do not have to enroll in Business Savings and can access the many expense savings offerings through www.americanexpress.com/bizsavings. In addition to the Amazon Services Pro Merchant Program, American Express merchants can receive special savings on car rentals, office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , delivery services and more. Tens of millions of active Amazon.com customer accounts and high traffic volumes give retailers who sell on the Amazon.com e-commerce platform a wide audience for their brand and products. Amazon Services ensures that sellers have tools to maximize this exposure with Seller Central, a web-based suite of tools for managing listings. Amazon Services also handles all payment processing and fraud protection. Fred Waters of SmoothFitness sells his company's products through the Amazon.com Sports & Outdoors Store as a Pro Merchant. "Selling on Amazon.com as a Pro Merchant has given my business a new sales channel for our products," said Waters. "In addition to reaching these new customers, our presence on Amazon.com has increased our brand recognition." With today's announcement, American Express will be helping new retailers grow their businesses through the Amazon Services Pro Merchant program at a significant cost savings. "Our Merchant Referral Program presents businesses like American Express with the opportunity to offer their customers the chance to grow their retail businesses using their existing technology investment," said Anne Wilbur, Amazon Services Director of Channel Development. "We look forward to working with American Express to find even more ways to help its merchants improve their businesses on the Web." About Amazon Services, Inc. Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) which offers the technology and services that power Amazon.com to retailers seeking a world-class, cost effective e-commerce offering for their customers. Amazon Services offers its retail partners use of Amazon's leading e-commerce website technology, best-in-class fulfillment 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. and customer service, and access to tens of millions of active customer accounts on Amazon.com (Note: active customers accounts represent the number of unique e-mail addresses See Internet address. e-mail address - electronic mail address which have placed an order from Amazon.com or third party sellers on Amazon sites within the prior twelve months; active seller accounts represent the number of third party seller accounts who have sold at least one item to an Amazon customer within the past twelve months). About American Express Establishment Services is the merchant network of American Express which acquires and maintains millions of merchants around the globe and across industries who welcome the American Express Card. American Express Company is a diversified diversified (di·verˑ·s worldwide travel, network, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. provider founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , investment products, insurance and international banking. This announcement contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. , competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption INTERRUPTION. The effect of some act or circumstance which stops the course of a prescription or act of limitation's. 2. Interruption of the use of a thing is natural or civil. , international expansion, consumer trends, inventory, fulfillment center optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2003, and all subsequent filings. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion