Babbage's Etc. Launches thegamestop.com; New E-Commerce Site Leverages Babbage's Etc.'s Buying, Distribution, & ``Brick-and-Mortar'' Presence To Deliver New Games To Gamers Faster.GRAPEVINE, Texas--(BUSINESS WIRE)--July 22, 1999--
Babbage's Etc., a leader in PC and video games See video game console. specialty retailing, today announced the launch of thegamestop.com (www.thegamestop.com), a new e-commerce "supersite" that puts a web interface on Babbage's Etc.'s enormous buying power Buying Power
The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available.
Also referred to as "Excess Equity. and distribution infrastructure.
Specifically designed for gamers by people with a passion for games, thegamestop.com is the ultimate online destination for researching, buying or updating game products, or simply keeping abreast of the quickly-changing gaming industry.
The new site makes it possible for gamers everywhere to get "hot" product delivered to their door the same day it hits Babbage's Etc.'s retail stores. The site also permits shoppers dissatisfied with an online purchase to return or exchange items to any Babbage's or Software Etc. store.
"First To Market" Distribution Network
From the loading dock of the manufacturer's plant to the gamer's console, Babbage's Etc. caters to gamer's passion to buy new product first. The company's "rapid response" distribution network has shipping centers strategically located near popular software publishers. This allows Babbage's to pick up product faster and send it directly to its stores, shaving days off the distribution cycle.
Babbage's Etc. "first to market" system delivers new product to its retail and now online customers within 24 hours of release. At thegamestop.com, gamers can opt to have product shipped to their door, or can arrange for new titles to be picked up at a local Babbage's or Software Etc. store on the day of the release.
"Just like our stores, our online philosophy is to get hardcore gamers Hardcore gamer is a term used to describe a type of video game player whose leisure time is largely devoted to playing or reading about video games. This type of gamer prefers to take significant time and practice on games, in contrast to a casual gamer. product first, product fast, and to keep them informed on what's coming out next," said Dan DeMatteo, President of Babbage's Etc.
Plug into Store Support
Part of Babbage's Etc.'s new standard in online shopping is to offer "multi-tier" customer support. Product purchased online can be exchanged or returned offline at any of the more than 480 Babbage's and Software Etc. retail outlets across the U.S.
"Our consumer research revealed that returning merchandise shipped directly to the consumer is considered one of the serious shortcomings A shortcoming is a character flaw.
Shortcomings may also be:
"By linking their e-commerce initiative to their retail outlets, Babbage's Etc. is redefining e-commerce," said industry observer Evan I. Schwartz, author of the just released Digital Darwinism: Seven Breakthrough Business Strategies for Surviving in the Cutthroat cut·throat
1. A murderer, especially one who cuts throats.
2. An unprincipled, ruthless person.
3. A cutthroat trout.
1. Cruel; murderous.
2. Web Economy (Broadway Books). "In the future stores will act as an advertisement for the site and train customers to use the site. Babbage's Etc. is pioneering this type of online/offline integration."
Thegamestop.com delivers an unsurpassed selection of current and pre-release entertainment software games, game hardware, accessories, strategy guides and everything else game related. The site offers gamers, parents and gift-givers:
-- "No money down" reservation policy on pre-release titles for home
delivery the same day they hit Babbage's and Software Etc. stores -- "Family Store" section designed to educate parents about the
gaming market and involve them in software selection for their
kids -- Hyperlinked e-mail "wish list" for gamers to send product
preferences to parents, relatives or friends who in turn can
review products before purchasing -- Affiliate agreements with trusted third party In cryptography, a trusted third party (TTP) is an entity which facilitates interactions between two parties who both trust the third party; they use this trust to secure their own interactions. TTPs are common in cryptographic protocols, for example, a certificate authority (CA). providers like The
Adrenaline Vault (www.avault.com), the premier information and
software download resource for serious gamers -- Authoritative editorial content including independent reviews,
product news and interviews from a growing network of content
partners including Gamer's Republic magazine
(www.gamersrepublic.com) -- Access to an extensive database of "first look" video game
highlight clips, PC game demos and game screenshots -- Site user customization according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. game platform or game genre
and personalized per·son·al·ize
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.
2. To attribute human or personal qualities to; personify. e-mail updates
"Our goal was to create a new standard in online shopping for the gaming community A gaming community is usually a group of like minded individuals working towards a goal (such as promoting fair play and team work) or supporting each other within games (usually online video games such as MMORPG's or FPS's) RTS(real time strategy) games are developing larger ," said Bruce Nelson, Babbage's Etc.'s Vice President of Internet Commerce. "Gamers told us they wanted an information-rich e-commerce site that provided a state-of-the-art online experience. We've created that environment and backed it with our industry-leading buying power, product fulfillment centers and our nationwide store network. With the best balance of commerce and content, thegamestop.com will bring them back again and again."
Strength In Numbers in numbered parts; as, a book published in numbers.
See also: Number
Babbage's Etc.'s move into cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace. parallels its aggressive growth in its traditional retail business. The 480-store chain had fiscal 1998 sales of $465.2 million with comparable store sales up 22.4%. This double-digit increase has carried over to 1999 with a 13.2% Q1 increase over 1998. While the online segment of the business is expected to generate $5 million in sales by year end and approximately $20 million annually in 24 months, the traditional business is expanding aggressively with between 60-70 store openings this year.
Babbage's Etc. is a leading specialty retailer of video games, PC games and gaming accessories. The privately held company privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. boasts retail outlets, including Babbage's, Software Etc., Gamestop and Planet X locations, in 47 states and 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. . Babbage's Etc. is headquartered in Grapevine, TX.