ChannelAdvisor Announces Strategic Integration with Jet
28 January 2015 - 1:05AM
Business Wire
ChannelAdvisor Customers Get Early Access to
Next-Generation Marketplace
ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of
cloud-based e-commerce solutions that enable retailers and
manufacturers to increase global sales, today announced the
addition of Jet.com to the ChannelAdvisor platform. The strategic
partnership gives ChannelAdvisor customers a unique opportunity to
quickly and easily list their products on Jet in time for its
official public launch.
Jet is a retailer-friendly, membership-based e-commerce
marketplace that offers value across a broad array of product
categories such as electronics, home goods, consumables,
appliances, sporting goods and much more. Jet’s platform includes
an innovative real-time dynamic pricing engine that can help
retailers to sell effectively and improve both sales and
profitability.
“Jet is positioned to become a disruptive player in the
e-commerce industry,” said ChannelAdvisor CEO Scot Wingo. “Jet has
innovated both the merchant-facing side of the equation and the
consumer-facing side. We are excited to be a launch partner with
Jet so that our customers can leverage our integration to be ready
to start selling on day one.”
To drive highly competitive prices, Jet incents consumers to
shop in ways that reduce retailer costs. By enabling retailers to
manage order-level profitability through preset rules, Jet is then
able to adjust prices dynamically throughout the shopping
experience based on variables such as customer location, cart
value, number of items per cart and item return options. At
checkout, Jet matches a shopper’s cart to the optimal retailer with
the best value based on these preset rules. The result is an order
that is a win for both the shopper and the retailer.
“Our strategic alliance enables ChannelAdvisor customers to
quickly and easily integrate with Jet,” said Scott Hilton, Jet’s
Chief Revenue Officer. “These retailers efficiently gain access to
a marketplace that’s grounded in transparency and focused on
meeting both retailer and consumer needs.”
Jet was founded by Marc Lore, the former founder and CEO of
Quidsi, the company behind Diapers.com, Soap.com, Wag.com and other
sites. Jet has received $80M in financing from top firms including
NEA, Accel Partners and Bain Capital Ventures. Interested retailers
can find out more by visiting partner.jet.com.
“We’re confident that together with ChannelAdvisor, we can
empower retailers to create a more profitable channel that will
help grow their businesses,” said Lore.
To learn more about Jet and the partnership with ChannelAdvisor,
please visit partner.jet.com.
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About ChannelAdvisor
ChannelAdvisor (NYSE:ECOM) is a leading provider of cloud-based
e-commerce solutions that enable retailers and manufacturers to
integrate, manage and optimize their merchandise sales across
hundreds of online channels including Amazon, Google, eBay,
Facebook and more. Through automation, analytics and optimization,
ChannelAdvisor customers can leverage a single inventory feed to
more efficiently list and advertise products online, and connect
with shoppers to increase sales. Billions of dollars in merchandise
value are driven through ChannelAdvisor’s platform every year, and
thousands of customers use ChannelAdvisor’s solutions to help grow
their businesses. For more information, visit
www.channeladvisor.com.
ChannelAdvisorJordan Smith,
919-582-6813jordan.smith@channeladvisor.com
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