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GoCollect.com, Inc. Acquires ByWeb, Inc.


Business Editors

CHICAGO--(BUSINESS WIRE)--Oct. 30, 2000

GoCollect.com, Inc. (www.gocollect.com), a leader in the online business-to-consumer Business-to-consumer (B2C), describes activities of commercial organizations serving the end consumer with products and/or services. It is usually applied exclusively to electronic commerce.  gift and collectibles market, today announced that it has acquired ByWeb, Inc. (www.marketsbyweb.com). The combined entity creates an advanced e-business company to Web-enable suppliers, retailers, sales agents and consumers in the $50 billion gift and collectibles market.

In less than 1 year, GoCollect.com has emerged as a leader in the online business-to-consumer gift and collectibles market. Over 8 million consumers have come to GoCollect.com to browse (1) To view the contents of a file or a group of files. Browser programs generally let you view data by scrolling through the documents or databases. In a database program, the browse mode often lets you edit the data. See Web browser.  and shop the Web's widest gift and collectibles selection (20,000+ skus). Nearly 900 retailers have joined GoCollect.com's Dealer Network, which gives retailers an 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
 solution for their customers who purchase online and directs new online customers to their stores.

With the acquisition of ByWeb, GoCollect.com now expands its business-to-consumer offering with a business-to-business service to better serve the gift and collectibles industry. ByWeb is an application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ), which rents online software for a low monthly fee to Web-enable suppliers (manufacturers, importers, distributors), retailers and sales agents. There is no transaction-based fee.

ByWeb is currently working with clients in the gift, collectibles, home decor and furnishings furnishings

the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers.
 markets with combined annual sales at wholesale that exceed $400 million, a retailer base of approximately 75,000 stores and product lines as large as 7,000 SKUs. With ByWeb, suppliers create an electronic catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C.  online, which a supplier's retailers can use to view and purchase product. Those catalogs can be placed on GoCollect.com to offer suppliers access to online consumer sales via GoCollect.com's highly visited site. Sales agents use the ByWeb application to place orders and communicate directly with the suppliers. Retailers can join the GoCollect.com Dealer Network at no fee and receive a premium website to better reach their customers who shop online.

"The combination of GoCollect.com and ByWeb's marketing, technology and financial resources offers all participants in the gift and collectibles industry greater access to the booming Internet channel The Internet Channel is a version of the Opera 9 web browser for use on the Wii by Opera Software and Nintendo.[1] On December 22, 2006, a free beta version (promoted as a "trial version") of the browser was released.  and the opportunity to reduce operating costs operating costs nplgastos mpl operacionales ," said Shonnie Bilin, GoCollect.com's 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. . "From the beginning, we partnered with retailers in our industry. Now, with the acquisition of ByWeb, one company can service the entire supply chain with increased value for our clients - suppliers, retailers, sales agents and consumers."

ByWeb is different than other e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  ASPs, because suppliers set their own commerce rules with their own Web site, unlike some e-commerce exchanges where all participants have to abide by To stand to; to adhere; to maintain.

See also: Abide
 the same financial rules. It's designed to match how wholesale business is actually done.

"This acquisition puts GoCollect/ByWeb in a leadership position in the gift and collectibles market because it is the only entity which now Web-enables the entire gifts and collectibles marketplace supply chain", said Mike Baker, Chairman of GoCollect.com. "Our integrated approach makes it easy for everyone. GoCollect/ByWeb helps retailers sell to their online customers who shop online and drive new consumers to their stores. Retailers can order online and also communicate more effectively with their suppliers. We also can help vendors expand the distribution of their products and promote their products on our consumer site."

"ByWeb is delighted to join GoCollect.com," said Lynn Aylsworth, ByWeb founder and president. "Their clear understanding of the gifts and collectibles market has resulted in a superior business strategy. The combination of GoCollect.com and ByWeb adds great value for our customers in the Internet channel and also helps retailers and vendors to operate more effectively in traditional offline areas."

About GoCollect.com

GoCollect.com unites collectors, retailers and manufacturers from the highly fragmented frag·ment  
n.
1. A small part broken off or detached.

2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript.

3.
 collectibles industry on their community-focused Web site. Created by collectors for collectors, GoCollect.com offers fresh, broad content, an interactive community and the Web's widest selection of gifts and collectibles. As the collectibles industry's most trusted and comprehensive source for information and services, the site facilitates the collecting experience for the more than 37 million collectors and thousands of independent retailers in the U.S. today.
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Publication:Business Wire
Date:Oct 30, 2000
Words:667
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