Venda Continues Wave of Growth in 2006 Following a Stellar 2005; Company Experiences Surge in Demand by Global Retailers for its On-Demand eCommerce Platform.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 -- Venda Venda (vĕnd`ə), former black "homeland" and nominal republic, NE South Africa. It comprised two connected areas near the Zimbabwe border in what is now Limpopo prov. , Inc., the leading provider of on-demand software-as-a-service global eCommerce solutions, announced today it has achieved record sales and phenomenal growth. In 2005 alone, the company signed 30 new global clients representing 40 new online eCommerce sites. In addition, to continue its mission of providing high-level customer service and aggressive service pricing, the firm has increased its global workforce by over 250 percent. Venda has long been the eCommerce vendor of choice for leading manufacturers and online retailers like Panasonic, Virgin Megastores Virgin Megastores is an international chain of record shops, founded by Sir Richard Branson on London's Oxford Street in January or February 1971 (exact date uncertain). In 1979 the company opened their first Megastore at the end of Oxford Street and Tottenham Court Road. , British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. , Xerox and Hamleys Toys. Since launching their service in the US in June 2005, the company won the business of prominent retailers and manufacturers, including Crabtree & Evelyn, Nokia, Pokemon and Laura Ashley, who can leverage the rich functionality and flexibility of Venda's on-demand solution to accelerate the growth of their online channel. Venda's clients experienced an average increase of 47 percent in 2005 holiday sales compared to the year before, an impressive figure given that the online retail industry average is 25 percent according to research by comScore Networks. In addition to replacing U.S. flagship sites, Venda is also the preferred solution for retailers expanding into overseas markets or redeploying their international sites. Rather than working with multiple vendors for multiple countries, retailers are adopting Venda's on-demand eCommerce solution to overcome the costs and risks, such as complex regulatory environments, payment process standards, and taxation issues across multiple countries. "The software-as-a-service model is expanding out of the realm of CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and other industrial applications and into the world of eCommerce. As the pioneer in on-demand SaaS solutions for eCommerce, Venda has been defining and delivering this unique technology service and support model for over five years operating over 150 sites in 11 countries, nine languages and multiple currencies," said Jeffrey Max, 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 Venda, Inc. "Some of the world's most sophisticated and respected companies are leveraging Venda to maximize and enhance their online channels without the inherent cost, complexities and headaches associated with homegrown or vendor-hosted sites." On the heels of the company's recent successes, Venda CEO Jeff Max is speaking on Thursday, February 23, at eTail 2006, a prominent multi-channel retail event being held February 21-24, 2006 at the JW Marriott Desert Springs in Palm Desert, California Palm Desert is a city in Riverside County, California, in the Coachella Valley (Palm Springs area), approximately 11 miles east of Palm Springs. The population was 41,155 at the 2000 census. . Along with Kristen Celko, Director of eCommerce for Under Armour, Mr. Max will share insights into new ways retailers can expand online sales channels, increase sales, enhance their brand reach and overcome the many challenges of developing multi-national, multi-lingual and multi-brand sites. Venda, Inc. (www.venda.com) provides 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 and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. eCommerce capabilities in a single, economical, Software-as-a-Service (SaaS) platform. Retailers, branded manufacturers and franchise networks of all sizes and industries are empowered by Venda to increase online and cross-channel sales and build customer satisfaction and loyalty. About Venda, Inc. Venda delivers on-demand eCommerce to some of the world's leading retailers and manufacturers, including Lands' End, Virgin Megastore, Panasonic, Pokemon, Ted Baker and Xerox. The Company's complete eCommerce platform combines flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, Venda's B2B, B2C and B2E B2E Business to Employee B2E Business to Enterprise solutions provide "best of the web" capabilities to mid-tier and Fortune 1000 companies. Venda allows customers to reduce the risk, complexity and cost associated with eCommerce, while empowering business users and delivering unprecedented ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . With offices in New York, London and Bangkok, the Company is managed by a team of eCommerce veterans with more than 20 years of experience in online businesses. |
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