Auctionworks Helps Fast-track Home Depot Launch On eBay.Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 31, 2001 Technology Interface Supports Home Improvement Giant's eBay Rollout in Time for Holidays Atlanta-based Auctionworks(TM), the leading provider of online marketplace sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a services, announced today its technology interface helped The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box (R), the world's leading home improvement retailer, expedite one of the fastest rollouts for a major retailer in eBay's history. Auctionworks' technology and marketing experts worked closely with Home Depot to develop a comprehensive selling solution that would maximize the retail powerhouse's brand presence on eBay. As a result, Auctionworks developed an intricate plan that met Home Depot's business requirements and translated it into sales on eBay. "We had our work cut out for us in order for Home Depot to debut on eBay before the holiday season," says Rebecca W. Bass, vice president e-business for Home Depot. "Auctionworks presented a management solution that allowed for a seamless, customized rollout in a hurry." Selling under the name Home Depot Outlet, the home improvement retailer will be featuring its select inventory on the online marketplace, in front of eBay's 38 million members. Auctionworks' technology will launch, manage and finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... e-commerce transactions. "We're proud to be part of the power-alliance between Home Depot and eBay," said Paul Lundy, chief marketing officer at Auctionworks. "The Auctionworks activation team took Home Depot's business objectives and fast-tracked a customized, selling solution, one we're pleased to say exceeded their expectations." Home Depot is among a growing list of larger retailers that have begun using the Auctionworks solution to access the eBay marketplace. In September alone, Auctionworks customers sold more than $6.5 million of inventory on eBay. As online marketplaces continue to evolve, high-volume retailers, manufacturers and liquidators are searching for more efficient methods to selling merchandise on e-Commerce sites such as eBay. About Auctionworks Founded in 1999, Auctionworks is a full-service, web-based auction management platform designed to streamline the online auction process for high volume sellers. Through its unmatched list of service offerings, domain expertise and experienced sales force Auctionworks is poised to maximize market share in the rapidly growing Internet auction industry. For more information, visit www.auctionworks.com. About The Home Depot(R) Founded in 1978, The Home Depot is the world's largest home improvement specialty retailer and the third largest retailer in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with fiscal 2000 sales of $45.7 billion. The company employs approximately 250,000 associates and has 1267 stores in 48 states, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , seven Canadian provinces Noun 1. Canadian province - Canada is divided into 12 provinces for administrative purposes province, state - the territory occupied by one of the constituent administrative districts of a nation; "his state is in the deep south" , Mexico, Chile and Argentina. The company was named sixth Most Admired Company in America by Fortune magazine, which has also ranked it as America's Most Admired Specialty Retailer for eight consecutive years. Its stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE NYSE See: New York Stock Exchange :HD) and is included in the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and Standard & Poor's 500 Index. |
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