Taking e-commerce to the masses

Published: 5 August 1999 y., Thursday

Vstore wants to do for e-commerce what GeoCities did for home pages. The Stamford, Conn., startup is testing a Web site that takes affiliate programs one step further. Consumers can create entire Web stores, with all the customer service, transaction processing and fulfillment taken care of by Vstore. They_ll even host the site. Users make a commission on each sale made through their site, with paybacks ranging from five to 25 percent. The program will initially feature books, music, videos (DVD and VHS), sporting goods, video games and some consumer electronics, and plans to add computer hardware and software, appliances, toys, fragrances, accessories and gift items.The company is looking to capitalize on the popularity of affiliate programs, which let people put links to merchants on their Web sites and offer a commission when a sale is made. The programs have become extremely popular with merchants, since they only have to pay for the promotion if it translates to a sale. Barnesandnoble.com recently launched a personalized program that would allow consumers to e-mail a recommendation to a friend using a special URL, which would let them earn commissions on any sales. The Vstore program allows consumers to choose from several different storefront templates, adjust the look and feel, and use their own text copy with links and logos. Users can also select what kind of merchandise they want to carry, setting themselves up as a children_s bookstore or soccer equipment seller, for example. Future options will let consumers get even more specific, tailoring a site to a particular interest or category.
Šaltinis: Vstore
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Broadband Service Speedier in Lithuania than in U.S.

South Korea leads the world in providing broadband services. The United States (No. 15) did not make the Top 10 and lag behind Lithuania (No. 14). more »

Gemalto Sets Up Payment Card Personalization Facility in Indonesia

Gemalto, the world leader in digital security, today announced that it will inaugurate its first personalization center in Indonesia before the end of the year. more »

Wincor Nixdorf wins first order from State Bank of India

State Bank of India (SBI), the country’s largest lender, has awarded Wincor Nixdorf and its local partner AGS Infotech an order for 1,000 ATMs. more »

Gemalto's Trusted Services Management Solution Certified by MasterCard

Gemalto today announced it has achieved MasterCard certification for its TSM (Trusted Services Management) offer. more »

SmartCards Expo 2009

International Conference and Exhibition of Smart Card Technology and Applications will show showcase the latest in Smart Cards, e-security, Biometrics, RFID, and e-payments products and solutions. more »

Gemalto acquires Trusted Logic, a leading provider of secure software platforms

Gemalto today announced that it has completed the acquisition of Trusted Logic from its founders and other shareholders. more »

Thales appointed mission system design authority for TALISMAN

Thales UK today announces the signing of a contract valued at around £25m with the UK Ministry of Defence (UK MoD) to undertake the role of Mission System Design Authority (MSDA) for the TALISMAN Urgent Operational Requirement (UOR) programme. more »

Nigeria's InterSwitch Selects Gemalto's Complete Strong Authentication Solution to Secure their e-Payment Services

Gemalto announced that InterSwitch is deploying its complete Ezio strong authentication solution to secure their e-payment services in Nigeria. more »

Directing traffic in cyberspace

Commission calls for international talks on managing internet traffic. more »

Tweeting to God in Israel

Israeli student Alon Nir is using the website as a way for people to communicate with the Almighty. He's preparing people's prayers, posted on Alon's twitter page, to take to Jerusalem's Western Wall. more »