Sales OnLine Direct Launches Advanced Checkout System for Auctions on eBay
WORCESTER, Mass., Aug. 22 --
Sales OnLine Direct (OTC Bulletin Board: PAID), today announced the launch of
its next-generation AIseller(R) Checkout system. The new Checkout system
automates the entire checkout procedure to provide fast, efficient and
accurate checkout for auction buyers and sellers on eBay, saving them both
time and money. For added convenience, PayPal, an online payment system, has
been integrated into the system. In addition, PayPal (Nasdaq: PYPL), offers
AIship/Checkout as recommended third-party solution to expedite all business
processes associated with the close of online auctions on eBay.
AIseller Checkout streamlines the auction checkout process to make it
simple and quick for the winning bidders to pay for items they are purchasing.
At the same time, it provides automated payment collection management to
reduce staffing overhead. With AIseller Checkout, each order processor can
manage up to 150-auction reconciliation`s per day versus the typical 25.
"From our own first-hand experience as eBay auction sellers, we were aware
of the limitations of other products on the market and have designed a
solution that surpasses all of them in functionality, ease of use and cost
effectiveness," said Greg Rotman, Sales OnLine Direct CEO. "PayPal`s
inclusion of AIship/AIseller Checkout on its web site and feedback from
satisfied auction buyers serves as validation of the product`s superior
features and capabilities."
"Your automated checkout and shipping calculator system is the best I have
used in my bidding experience at eBay," noted Lou Bielak, an online auction
buyer.
Checkout`s integration with AIship resolves the problem of auction buyers
who enter an insufficient dollar amount for shipping/handling or sales tax,
when they are paying for their purchases through a third party payment system.
Checkout populates the screen with applicable sales tax and accurate
shipping/handling charges generated by AIship to ensure the buyer pays the
correct price. This feature will be a boon to sellers who frequently lose
money in this area because it is too costly to pursue the buyer for the
relatively low price difference.
AIseller`s Checkout module offers next-generation functionality that moves
far beyond current checkout systems available. Product highlights include:
-- Compatible with any listing service - Accepts auction listings
generated by any listing service. Unlike competitors` products,
AISeller Checkout is compatible with listings generated directly from
eBay`s Web page, which is used for 60-80% of eBay auction listings, and
from eBay`s soon-to-be-launched TurboLister.
-- Consolidates winning bid notifications - Combines winning bid
notifications for multiple auctions closing during a specified time
period and sends as a single notice to avoid irritating buyers with
multiple email notifications.
-- Eliminates re-keying - Automatically stores all buyer contact and
payment information and intelligently populates documents with
appropriate payment and contact information for all back office
functions such as shipping labels, invoices, receipts third party
payment systems, etc. This automation significantly reduces seller time
spent on each listing, allowing the seller to manage more auction
listings with fewer staffing resources. In addition, it expedites the
checkout process for the buyer, requiring as few as 10 keystrokes for
return customers to check out.
-- Ensures correct shipping and sales tax payments - Calculates and
inserts accurate charges for shipping and sales tax to eliminate
potential entry errors by buyers.
-- Accommodates phone and mail payments - Allows seller to complete the
checkout and generate invoices and/or receipts for buyers who arrange
payment by phone or mail rather than going through the online checkout
procedure.
-- Auction Consolidation - Allows buyers and sellers to consolidate
auctions into one transaction to save buyers shipping costs and
minimize transaction costs and paperwork for sellers.
-- Collection Management - Tracks payments from buyers to initiate
shipment after payment is received and automatically sends out
additional notices to winners who haven`t checked out within a
specified time period.
-- Configurable - Allows the seller to track numerous user-defined
criteria, such as sales representatives, product location, internal
product numbers etc. so seller can track sell-through rates and
multiple variables impacting those rates.
-- Accommodates most popular forms of payment - Offers ability to accept
checks, money orders, credit cards, and all online payment systems,p>
"We`ve created a system with an XML open architecture to make it
compatible with all other vendors providing services for online auctions, such
as listing services and payment systems," said John Martin, Sales OnLine
Direct chief technology officer. "Our Checkout system`s unique auction
consolidation feature helps reduce shipping costs and transaction fees paid to
those auction services vendors. Our beta customers have been thrilled to
discover that AIseller Checkout interfaces seamlessly with all their existing
vendors` systems and automates the information flowing to and from them,
saving a tremendous amount of time."
AIseller Checkout is ideal for auction sellers listing 25 or more auctions
per month. The 2.5 percent transaction fee is recouped several times over
through cash flow, the sellers time saved, improved customer service and
satisfaction, and reduced payment cycle.
Auction seller`s can obtain AIseller`s Checkout module combined with the
AIship shipping calculator by filling out the forms online at
http://www.auctioninc.com or by calling, John Martin at 508-791-6710.
About Sales OnLine Direct and Rotman Auction
Sales OnLine Direct http://www.paid.com, maintains and develops portals and
websites for various companies and industries. The Company has focused its
efforts on the antique and collectible industry, developing websites that
enhances the user`s experience. Through web-hosting and managed services,
Sales OnLine Direct has provided e-business solutions to many different
companies including their own Rotman Auction. Rotman Auction sells tens of
thousands of items per year through auction, direct sales, and special events
and is a certified eBay Gold Power Seller. The Company has developed the "AI
Suite" http://www.auctioninc.com of software to increase revenues and reduce overhead
for sales on the Internet, and offers these essential e-tools to other
companies that they host. Through recent initiatives, Sales OnLine Direct is
establishing itself as one of the most important collectibles portals, and
online auction services and technology providers to the collectibles industry.
The Company`s common stock is traded on the Nasdaq OTC Bulletin Board under
the symbol "PAID."
MEDIA CONTACT:
Julie Shepherd, Accentuate PR, 847.669.0633, Julie@paid.com
INVESTOR CONTACT:
Dennis Evanson, 719-534-0292, dennis@paid.com
PRODUCT CONTACT:
John Martin, 508-791-6710, sales@auctioninc.com
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