Beautyjungle.com to Build e-Market for Drugstore Cosmetic Buyers.Business/Technology Editors CHICAGO--(BUSINESS WIRE)--April 18, 2000 Agreement with Chain Drug Marketing Association to Provide Access for More Than 5,500 Stores Nationwide to New Products, Wide Selection, Timely Delivery Beautyjungle.com, a leading e-commerce infrastructure provider to the beauty industry, today announced its entrance into business-to-business trade through a strategic partnership with the Chain Drugstore Marketing Association (CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. ). Through this agreement, beautyjungle.com will provide independent drug stores as well as small and regional chains with a new level of access to cosmetic and personal care products through an online electronic marketplace, or e-market. CDMA represents the buying needs of more than 5,500 stores through more than 100 chains. "Beautyjungle.com will breathe new life into this high-margin-potential category, and having a single-site for industry information will be a tremendous resource for the retail beauty-buying community," said Jim Devine James "Jim" Devine (b. May 24 1953, Blackburn, West Lothian) is a Scottish Labour Party politician, the Member of Parliament for Livingston, since holding the seat in the Livingston by-election of September 29, 2005. , president of CDMA. "Plus, immediate access to new products means that never again will our member drug stores need to wait until summer to showcase the new spring colors." Through the partnership, beautyjungle.com will develop and operate an e-market featuring information and access to a wide selection of cosmetic brands, more than 5,000 stocking units (SKUs) as well as the ability to place orders of any size for quick processing and delivery. Beautyjungle.com will handle order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment and customer service from its distribution center in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation). Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S. , and through partnerships with existing distributors in the beauty industry. "For many small-to-midsize drug stores, the cosmetic department is continually plagued by high out-of-stock levels and limited access to new products and information," said Ed LaHood, chairman and chief executive officer of beautyjungle.com. "The e-market will simplify their ordering process, deliver a wide array of products, and help them make more informed decisions for their cosmetics category. This e-market, which can be extended to other retail buying groups, will help CDMA members enhance their return-on-beauty(sm) by improving revenue and inventory turnover levels." CDMA members will also be able to take advantage of a flexible ordering process with same-day shipments, delivery within five business days and 24x7 customer care. Until the site is operational this summer, CDMA will be able to place orders via phone or fax. The e-marketplace will also link to the CDMA community site (www.chaindrug.com). "In building our popular consumer site, beautyjungle.com has amassed a wide range of online infrastructure services that are being requested by many industry participants, from drug store chains to manufacturers of prestige brands Prestige Brands, Inc. NYSE: PBH is a company that manufactures personal care and home cleaning products. It was formed by the merger of Medtech Products, Inc., Prestige Brands International, and The Spic and Span Company. The company is headquartered in Irvington, New York. ," added LaHood. "Our ability to build and operate B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business e-markets and provide original content, e-fulfillment, online merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. , web integration, and marketing services will elevate el·e·vate tr.v. ele·vat·ed, ele·vat·ing, ele·vates 1. To move (something) to a higher place or position from a lower one; lift. 2. To increase the amplitude, intensity, or volume of. 3. the success of our clients' online strategies." About CDMA CDMA was founded in 1926 by a group of chain drug store owners with the goal of forming an organization that would support their marketing and merchandising efforts. Today, CDMA is a vibrant and growing association with biannual bi·an·nu·al adj. 1. Happening twice each year; semiannual. 2. Occurring every two years; biennial. bi·an conventions and numerous marketing programs, including monthly circulars and a warehouse drop ship program. CDMA is also the only association with a full time Category Manager/Buying staff. Chain drug stores, wholesalers, and suppliers are using CDMA programs today more than ever. Today, with over 100 member chains, CDMA represents the largest chain of drug stores in the nation at over 5,500 stores. Additional information about CDMA can be found at www.chaindrug.com. About beautyjungle.com Founded in 1999, beautyjungle.com is a leading e-commerce provider and e-market operating company operating company A business that engages in transactions with outsiders. that offers a wide range of infrastructure services to the beauty industry. The company's consumer e-tailing site offers five distinct stores and numerous brand-rooms that represent a wide selection of beauty products. The company has assembled a management team consisting of beauty industry veterans, leading e-fulfillment executives and e-commerce pioneers. By leveraging this expertise, beautyjungle.com is providing e-commerce business services to buyers, suppliers, distributors, and consumers of beauty products and services. Beautyjungle.com worldwide corporate headquarters are in Chicago, with brand-marketing and editorial offices in 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 , a dedicated 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. center in Indianapolis, Indiana, and business development offices in California. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion