Internet Marketing

eBay's Premiere Sales Automation Provider Broadens Scope of Online Selling and Renames Company

Atlanta-based Auctionworks Changes Name to Marketworks, Secures VC Funding, Opens Three International Offices and Doubles Workforce

ATLANTA--(BUSINESS WIRE)--June 22, 2004-- hotel internet marketing

The internet is fast becoming a trusted and reliable shopping vehicle for consumers wishing to avoid the Christmas high street blues. Last year TradeDoubler, the leading provider of online marketing and sales solutions, year increase of 245 per cent in Christmas online sales. TradeDoubler, whose network generates almost €100 million online sales each month for clients including Ebay, Dell and Apple, believes that online shopping is the smart and alternative way to do your Christmas shopping this year.

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Auctionworks - an Atlanta-based online sales automation software developer - has changed its name to Marketworks, according to company officials. CEO - Alec Peters - also announced that Marketworks has secured more than $3 million in a round of VC funding - led by Crosslink Capital.

The product will initially be launched in the North American market, as well as being sold internationally through the company's online portal. Other key markets expected to see the launch of the product soon will be Japan and key European countries. On May 17 the company announced record first quarter sales since its inception in 1995, which it said was attributable to the launch of almost 60 new products in the personal care, weight management, gourmet food and pet care categories. Figures were not released as the company is private.

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Since the late 1990s, successful Internet selling for small to mid-size companies has been predominantly focused on the auction format and eBay. In that arena, Marketworks has become the number one provider of sales automation software for eBay sellers and facilitates over $30 million a month in gross merchandise sales.

For Immediate Release Diapers.com Records 340% Online Sales Increase, Ranking Second Highest Among All U.S. Only Retailer Montclair, NJ (May 31, 2007) Diapers.com recorded a 340% increase in online sales in 2006; this increase ranked second highest among all United States companies according to the June issue of Internet Retailer magazine. The magazine also named Diapers. play Internet retailer in the country. Diapers Inc., parent company of Diapers.com, grew its sales from $2.5 million in 2005 to $11 million in 2006. The company sells the largest selection of name brand diapers, wipes and formula on the Internet, offering customers low prices and the convenience of fast, free shipping.

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16 November 2005 According to a recent survey by TradeDoubler, a European provider of online marketing and sales solutions, Europeans plan to do almost 20% more of their shopping online this Christmas season, compared to last year. The increase in online shopping is attributed predominantly to convenience and time saved while purchasing on the internet, as well as the competitive online prices and the absence of crowds.

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Today, as online selling continues to explode, new opportunities have emerged for businesses, large and small, to increase sales and profits beyond the auction format and eBay. These sales and newly acquired customers come via public and private marketplaces, through company-owned websites and from traditional brick & mortar locations. As an industry software leader, Marketworks has anticipated this growth and broadened the scope of its infrastructure to include multi-channel selling capabilities, creative and marketing services, and channel outsourcing. Seizing new growth opportunities within the market propelled the name change to Marketworks, reports Peters, who is also the founder of the company.

The Judges’ “Profitability and the position as market leader have been obtained in a phase of economic downturn and hard conditions for companies in the Internet sector. Since the start of its UK operations, TradeDoubler has continuously beaten domestic and foreign competition in the market for online advertising and sales. The company’s rapid expansion while keeping costs to a minimum, has undoubtedly been a key factor to the present success.”

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"Marketworks is the next step in the evolution of Auctionworks," explains Peters. "We are now operating in six countries, we just closed on a round of venture capital and we've doubled our workforce in the past six months. With our expertise and role in the evolution of our sellers' e-commerce strategies - beyond eBay - our name is now catching up to what we provide." information internet marketing
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In May 2004, Marketworks secured $3 million in funding in a financing round led by Crosslink Capital. The proceeds will be used to hire top talent to build quality technology and sales teams and continue to deliver extraordinary customer service. Additionally, the company now has three international offices located in the UK, Germany and Ireland. internet marketing promotional
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"Since Marketworks has already built a profitable track record, we actively pursued them," explains Jim Feuille, partner with Crosslink Capital. "Our capital investment in this growing company will be used to accelerate business operations, not just fund cash flow, which gives Marketworks a significant competitive advantage." affiliate company internet
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Marketworks attributes its continued success, customer and employee loyalty, and low turnover rates to a perpetual commitment to build on the core philosophy of providing product innovation and superior customer service that was established at its inception in 1999. campaign internet marketing
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"The growth of online selling is transforming the way business is being conducted and Marketworks is committed to enabling 'commerce without limits' for our customers," explains Paul Lundy, Chief Marketing Officer, "We are helping businesses break down operational, marketplace and geographical barriers to growth. The sky's the limit for selling potential online and we plan to continue to lead the way in sales automation software and services." firm internet law marketing
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About Marketworks: internet marketing software
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Marketworks is the leading provider of sales automation software and marketing services for multi-channel online selling. As eBay's largest Preferred Solution Provider, and with an international presence in six countries, Marketworks is committed to driving customers' sales and profits by eliminating operational, channel and geographic barriers associated with selling online. For further information on the Atlanta-based company, please go to www.marketworks.com. en internet marketing
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About Crosslink Capital: internet marketing targeted
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Since 1989, Crosslink Capital, headquartered in San Francisco, California, has invested in growth equities through venture capital, hedge funds and crossover funds. The current venture fund (the firm's fourth) is a $240 million fund formed in 2000. Currently, its venture investing activities are focused on the software, core technology/semiconductor and business services industries. Crosslink invests in very early, seed stage financings all the way through later-stage private opportunities and into the public market. This strategy allows Crosslink to remain a long-term partner to its portfolio companies. Crosslink Capital was the first venture capital firm in the U.S. to integrate public and private technology investing. To learn more about Crosslink Capital visit http://www.crosslinkcapital.com. business business internet
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Alison Ilg, 770-565-5440
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