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

SMART Comp. to Install Fiber-to-the-Home Optical Infrastructure in 6,600 Brno Homes with Cisco Technology

FTTH Network Provides High-Speed Internet, IPTV and VoIP Telephony in One. more »

Security guards trapped inside cash machine in Erdington

FIRE crews came to the rescue of two security guards who were trapped inside a cash machine for nearly two hours. more »

Wincor Nixdorf names new U.S. CEO

Wincor Nixdorf International has named Patrick Wright its new chief executive officer for the U.S. division. more »

Motorola and Deutsche Telekom Collaborate on IPTV

Deutsche Telekom selects Motorola’s IPTV set-tops for T-Home Entertain Services; users to receive compelling, rich media experiences. more »

Microsoft Unveils Its First Windows Embedded R&D Center in Europe

New regional development center in Germany is part of $75 million global investment by Windows Embedded Business. more »

Cisco Executive Promises Wave of Change at Meeting of Portuguese National Association for the Development of Telecommunications

Diogo Vasconcelos, the newly elected President of the Portuguese National Association for the Development of Telecommunications (APDC), has promised to transform the organisation's role in driving forward the country's digital agenda. more »

Microsoft Working to Make Political Conventions Unconventional

Microsoft is helping transform the upcoming Democratic and Republican national conventions into the most technologically advanced and inclusive conventions ever held. more »

Real-time fraud alerts notify Visa cardholders of ID theft

Visa and leading North American financial institutions have agreed to launch a pilot with up to 2,000 participants to test the delivery of real-time notification alerts on Visa accounts. more »

Wincor Nixdorf to provide ATMs to Australia's Banktech

Wincor Nixdorf International has secured a deal to provide ATMs to Banktech, an independent ATM provider in Australia. more »

Branch, ATM security moves toward more holistic solutions

Financial breaches and identity theft cases seem to be in the headlines on an almost regular basis. Just last month, hackers broke into a Citibank-branded ATM network and stole millions. more »