ChannelAdvisor Achieves Record Day of $10 Million in Gross Merchandise Value (GMV).Record Day Shows Impressive Reliability, Scalability, Availability in ChannelAdvisor Solutions RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- ChannelAdvisor, the leading provider of channel management solutions (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ), today reported the company had their first $10 million global gross merchandise value (GMV GMV Game Music Video GMV Gross Merchandise Value GMV Ground Mobility Vehicle (US Army special operations vehicle) GMV Gross Metal Value GMV Got My Vote GMV Good Morning Vietnam GMV Generalized Minimum Variance ) day, Monday December 4th, 2006. The ChannelAdvisor technology platform saw new record performance across all geographies and online channels. * Search - ChannelAdvisor paid-search (Google, Yahoo!, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , etc.) and natural-search solutions had a record sales day, shattering the previous records set on "Black Friday Black Friday, Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal officials of the Grant administration in a drive to corner the gold " (November 24th, 2006). * Comparison Shopping Engines (CSE (Certified Systems Engineer) See Microsoft certification. ) - ChannelAdvisor CSE (Shopping.com, Shopzilla, Froogle, etc.) solutions also set a record GMV day, exceeding the previous record set on Cyber Monday The name given by online retailers and e-commerce experts to the Monday following the Thanksgiving holiday. With its Black Friday counterpart in actual store-based traffic, analysts have pointed to significant spikes in online shopping on Cyber Monday. (November 27th, 2006) * Marketplaces - Across all geographies (US/UK/DE), ChannelAdvisor marketplace (eBay, Amazon.com, Overstock.com, etc.) solutions recorded record GMV, exceeding the previous record set on Cyber Monday (November 27th, 2006). "We're thrilled by the performance achieved across all online channels and geographies on December 4th," said Scot Wingo, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ChannelAdvisor. "Our continued investments in reliability, availability and scalability allowed our systems to handle the surge in holiday sales and delivered $10m in product sales from online channels to our customers." In addition to the $10m in GMV record on December 4th, several other transactional records were made: * ChannelAdvisor's infrastructure housed over 18 million active inventory items globally * ChannelAdvisor's platform managed over 11 million paid-search ads * ChannelAdvisor's checkout system had over 43,000 transactions - representing $30 in GMV/per second * ChannelAdvisor's comparison shopping solutions delivered over 200m items to comparison shopping engines About ChannelAdvisor Corporation ChannelAdvisor Corporation provides technology and services that enable industry-leading retailers and manufactures to sell their products across multiple online marketplaces such as eBay, Amazon.com, Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag and Froogle and search engines such as Google, Yahoo! and MSN. ChannelAdvisor processes over $100m/month (greater than $1.2B/yr) in gross merchandise value on behalf of its customers. ChannelAdvisor solutions combine best practices, innovative software applications and integration technology to dramatically accelerate online channel sales. ChannelAdvisor's customers include Nokia, GSI Commerce, Sears and Motorola. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Seattle, the United Kingdom and Germany. For more information, visit http://www.channeladvisor.com/. |
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