But losses mount for the home furnishings e-retailer that went public in October.
Manufacturers and major retailers rely on WebCollage for detail rich online product descriptions including videos, tours, images and text.
NEW YORK (March 28, 2012) WebCollage Inc., the industry-leader in publishing rich product information to retailer websites, today announced a partnership with Channel IQ, an online pricing intelligence and channel management solutions developer, that will assure that pricing throughout the online retail channel is consistent with positioning and pricing agreements between manufacturers and retailers.
"Channel IQ is the industry standard for comprehensive online retail intelligence and analytics surrounding Minimum Advertised Price (MAP) compliance monitoring, competitive pricing data, brand and trademark compliance and authorized dealer verification," says WebCollage CEO Scott Matthews. "By including Channel IQ's invaluable information to our product mix, we help bring clarity and certainty to pricing compliance."
Manufacturers and major retailers rely on WebCollage for detail rich online product descriptions including videos, tours, images and text. WebCollage manages real-time, automatic content updates across a network of retail websites, assuring a consistent and intact branded shopper experience throughout the online retail channel. Its retail subscribers include Amazon.com, Bed Bath & Beyond, Best Buy, Costco, CVS, Dick’s Sporting Goods, Office Depot, OfficeMax, QVC, RadioShack, Sam’s Club, Sears, Staples, Target, Toys-R-Us, Walgreens and Walmart.
"Our partnership will allow both WebCollage and Channel IQ the joint opportunity to introduce content (push) and price-monitoring (pull) solutions to companies concerned over control and consistency in the online retail channel," says Wes Shepherd, CEO of Channel IQ. "When combined, both companies offer an unparalleled solution for online pricing compliance and control over product presentations and branded messaging on retail product pages."
Channel IQ (www.channeliq.com) is the leading provider of online retail intelligence solutions to manufacturers, distributors and retailers. Channel IQ provides real-time, online promotion and pricing information, empowering major manufacturers and retailers like Crutchfield, Olympus, LG, Panasonic, Weber Grills and Bosch to quickly and profitably handle channel issues and competitive situations. Only Channel IQ combines integrated reporting, interactive applications and services to enable manufacturers and retailers to automatically act on real-time data. Channel IQ solutions are the result of cutting edge technology combined with decades of industry experience in channel management, distribution, online retail and manufacturing.
WebCollage (www.webcollage.com) the world's leading provider of rich product information to retailer web sites (and their mobile visitors) perfected a new form of channel-marketing by helping manufacturers instantly publish content that increases sales, reduces return rates and improve conversions by up to 30%. WebCollage, used by over 1,000 manufacturers, provides tools to upload and update rich product content including video in real-time. Founded in 2000, WebCollage, a privately-held company headquartered in New York, is backed by investments from Sierra Ventures, Greylock Partners, Cedar Fund, Gilde IT Fund, and GSI Commerce.