ASIANET : product2store.com Unveils New Sales Channels and Distribution Options For Retail Suppliers, Expands Product Selection For Buyers

ข่าวต่างประเทศ Monday June 26, 2000 09:29 —Asianet Press Release

product2store.com Unveils New Sales Channels and Distribution Options For Retail Suppliers, Expands Product Selection For Buyers BIRMINGHAM, Mich., June 22 /PRNewswire-AsiaNet/ -- product2store.com enables over 500,000 retailers worldwide -- from toys to housewares to fashion and more -- to access, view and purchase products from thousands of small- and medium-sized suppliers/manufacturers who otherwise would have no access to prime retail sales channels. product2store.com, a new business-to-business enabler, has opened its virtual doors for the business of bringing small- and medium-sized suppliers/manufacturers from around the world together with leading retailers. According to Mike Shannon, Toys-R-Us President -- Administration & Logistics, "We are always looking for new and unique products and product2store.com will allow us to easily find them. From our offices, we'll get an accurate picture of the products available to us from around the globe." "We joined because we will be able to market our pottery and handicraft products to thousands of retailers with just one appearance in the product2store.com electronic product catalog," said Michael Grossman, President of Jardyns Collection, Guadalajara, Mexico. "Our buyers travel thousands of miles around the world annually to find unique, upscale fashion items for our selective clientele," says Ted Kolman, Senior Vice President -- General Merchandise Manager, Jacobson's. "product2store.com complements our existing purchasing structure in the search, review and purchase of fashion clothing and accessories. "Having product2store.com access allows us to view products from countries that we don't have time to visit," said Kolman. Benefits to manufacturers who post their products on product2store.com include: * Access to a business support network of over 500 offices world wide to answer questions regarding import/export duties, culture, taxes, due diligence, etc. to help retailers and suppliers/manufacturers negotiate profitable transactions * Detailed product description including three digital photos * Product descriptions in 14 languages (to increase to 40 within 12 months) * Booth at three virtual trade shows a year * Reduced fees from strategic partners: BDO Seidman (accounting, culture, law and language), Compaq (computers), Cable & Wireless (high-speed Internet hosting access), Lazer Transportation (transportation and logistics), Lee Hecht Harrison (training and seminars) and Quell Communications Group (marketing). " From the privacy of their offices, buyers can now view thousands of products they want to carry," said Howard Keating, CEO and president, product2store.com. "They can keep one step ahead of the trade shows by staying connected to the product2store listings." He added, "Our member manufacturers will save the costs of travel to individual retailers and save time by creating just one presentation to be seen by all interested parties." Pricing Manufacturers pay a $450-2,500 annual membership fee to obtain these benefits, including worldwide access to their products by retailers on product2store.com. For the next 90 days, new members are entitled to a bonus "charter member" rate. Interested manufacturers should contact product2store.com for the discounted rate. There is no charge to retailers to access products on product2store.com. About product2store.com product2store.com is the first and only business-to-business Internet marketing site of its kind in the world. Through the product2store.com web site, retailers worldwide -- from toys to housewares to fashion -- can access, view and purchase from thousands of small- and medium-sized suppliers/manufacturers with unique product offerings. product2store.com brings additional in-depth understanding of international commerce and retailing to its marketing initiatives through its expert Board of Advisors. The Board includes Harold K. Sperlich, Chair of Delco Remy International and former President of Chrysler Corporation, The Honorable Donald Regan, Secretary of the Treasury and retired chairman of the board of Merrill Lynch, Thomas G. Payne, former President of J.L. Hudson, and others. SOURCE: product2store.com CONTACT: Mike Wilson of Quell Communications Group, 248-649-8900, or fax, 248-649-8988, or [email protected], for product2store.com http://www.product2store.com -END-

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