Buy.com Reports Strong 52% Growth for Third Quarter Revenues; ROI-Driven Marketing and Strategic Vendor Partnerships Generate Largest Quarterly Revenue Growth since 2000.ALISO VIEJO, Calif. -- Buy.com(R), 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 Superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. with over 2 Million product SKUs and over 7 Million customers, today announced exceptional year over year and sequential quarterly growth for the third consecutive quarter in a row. For the quarter ended September 30, 2004, revenues increased by 52% over the third quarter of 2003. Third quarter revenues also grew 8.7% on a sequential basis over the second quarter of 2004. "Buy.com's continued growth and success can be attributed to its steadfast commitment to providing customers with the absolute lowest prices on the most popular products in a hassle-free shopping environment supported by top-notch customer service," said Neel Grover, President of Buy.com. "A constantly evolving list of strategic vendor partnerships and ROI-driven marketing efforts enable Buy.com to maintain its title as low price leader while gaining market share in a fiercely competitive online marketplace," he continued. "It comes as no surprise then that in 2004, Buy.com revenues have exceeded each preceding quarter's revenues." Throughout the third quarter of 2004, Buy.com consistently offered key product deals in top categories, including digital cameras, camcorders, digital music players Hardware or software that plays audio files encoded in MP3, AAC, WMA or other audio formats. There are several software-based music players that play audio files in a desktop or laptop computer, including iTunes, RealPlayer and Windows Media Player. , printers, memory and storage. Buy.com has also continued to negotiate performance-based advertising partnerships with all of the top Internet publishers. With additional strategic product deals and advertising partnerships in the works, Buy.com foresees a strong fourth quarter finish to round out a year of explosive growth. "By maintaining a company structure that focuses heavily upon strategic marketing initiatives while also keeping an eye towards great product deals and promotions that maximize revenue and minimize cost, Buy.com has experienced phenomenal success and growth this year," stated Robert Price Robert Price may refer to:
About Buy.com Buy.com(R), The Internet Superstore(TM), offers its over 7 million customers more than 2 million products in a range of categories including computer hardware and software, electronics, cellular products and services, music and music downloads A music download refers to the transferring of a music file from an Internet-facing computer or website to a user's local computer. This term encompasses both legal downloads and downloads of copyright material without permission or payment if required. at 256k, DVDs, books, toys and more. Individuals and businesses can shop quickly and easily at Buy.com 24 hours a day, 7 days a week. Buy.com was named one of the Top 50 web sites in 2002 and 2003 by Internet Retailer, the top performing site on Gomez Inc.'s E-Holiday Shopping 2002 Index in the music, electronics and books category (December 2002), "Best Overall Place To Buy Mobile Devices" (January 2002), "Best E-Commerce Site" by PC World magazine (June 2001), "Best Overall Place To Buy" by Computer Shopper Computer Shopper could referr to the following publications:
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