Subscribe    RSS Feeds    Twitter            Contact Us 
Web Site  
728_header.jpg (23748 bytes)
 Home   EB Blog   AB Blog   Letters   Podcasts   ABTV   Forums   EPIS   PR Service   Classifieds   Ecommerce EKG   Service Ratings   
Service Ratings 
   Auction Sites
   FP Marketplaces
   Inventory Management
   Payment Services
   Storefronts & Carts
   Sniping Services
   Wholesale/Dropshipping
   Email List Hosting
   Consignment Services
   Ecommerce EKG 
   Auction Calendar
   Collectors' Links
   eBay Promo History
   Bookshelf
   Fraud Resources
   Drop-Off Store Laws
   ABTV
   Ecommerce Resources
   Photo Tips
   Marketing Inserts
   Yellow Pages
   Advertising

EcommerceBytes-NewsFlash, Number 512 - April 03, 2003 - ISSN 1539-5065     | Next
AuctionWatch Changes Name to Vendio, Broadens Focus
By Ina Steiner
EcommerceBytes.com
April 03, 2003




AuctionWatch, a provider of auction- and online-sales management tools, has changed its name to Vendio Services Inc. The company said it was making plans to expand into new services and focus on multi-channel selling in a move to broaden its focus from its online-auction roots. The company also announced its first full year of profitability.

"Vendio - derived from the Latin root ‘to sell’ - captures the spirit of our company, as well as the business aspirations of our customers,” said Rodrigo Sales, CEO of Vendio.

“Early innovators who first sold on eBay are demanding services to help them sell across multiple channels and develop tighter customer relationships," said Sales. "We are meeting this need by helping merchants build their own online presence, effectively manage their customer relationships and accelerate their sales."

Vendio will be completely debt-free in the 2nd quarter of 2003. Kevin Wray, Vendio's Vice President of Corporate Marketing, said the company's goal is to expand its services through acquisitions of companies offering complementary services, such as Web hosting companies, direct mail companies and store builders. Wray would not disclose details about possible target companies.

Vendio is developing a service called Domain Support that will host sellers' Web sites to help brand their businesses. Low-volume sellers seem quite happy selling on eBay alone, he said, but larger volume customers are exploring and pursuing multi-channel selling. Vendio hopes to meet the needs of those customers.

Wray said 80% of the $50 million in Gross Merchandise sales per month generated by its customers comes through eBay sales. Vendio also supports Amazon Auctions and Yahoo Auctions, Vendio Stores and customers' own Web sites. Vendio has between 550,000 to 600,000 items listed on eBay daily and a much smaller number than that on Amazon and Yahoo auction sites. There are 250,000 items listed on Vendio Stores.

In addition to its sales-management tools, image-hosting services and storefront offerings, Vendio offers a Customer Manager tool for CRM, and Asset Remarketing Service for corporate asset liquidation.

http://www.vendio.com

You may quote up to 50 words of any article on the condition that you attribute the article to EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com.
All other use is prohibited.

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletters

Email this story to a friend.

| Next

 EcommerceBytes Blog 
 AuctionBytes Blog 
 Letters to the Editor 
Related Stories 
Related Stories
  • AuctionWatch Invests $1 Million in Romanian-Based R&D Center - January 28, 2001, Issue #7
  • AuctionWatch to Begin Charging for Some Services - February 28, 2001, Issue #30
  • Bidville Has No 'AuctionWatch' Plans - April 04, 2001, Issue #55
  • AuctionWatch Makes Citibank's c2it Its Preferred Payment Provider - May 03, 2001, Issue #75
  • Time Savings with AMPRO - May 06, 2001, Issue #37
  • AuctionWatch Experiences Technical Difficulties - June 04, 2001, Issue #95
  • AuctionWatch Schedules 'Seller Appreciation Day' for July 19th - July 15, 2001, Issue #123
  • AuctionWatch Jumps on eBay's B2C Bandwagon, Ends Dispute - July 29, 2001, Issue #128
  • AuctionWatch Slashes Staff - September 18, 2001, Issue #164
  • AuctionWatch Announces New Product & Pricing, Discussion Boards to Remain Free - September 25, 2001, Issue #169
  • Letter to the Editor - September 29, 2001, Issue #48
  • Problems Accelerate AuctionWatch's Implementation of eBay's API - October 04, 2001, Issue #176
  • AuctionWatch Scales Back Discussion Forums - October 25, 2001, Issue #190
  • AuctionWatch Adds Pricing Options to Auction-Management Services - November 08, 2001, Issue #200
  • AuctionWatch Supports Dutch Auctions - November 28, 2001, Issue #211
  • Free Listing Day for AuctionWatch Software Users - January 10, 2002, Issue #236
  • AuctionWatch Plans System Maintenance - Watch for Downtime on Friday - February 06, 2002, Issue #253
  • AuctionWatch to Add Checkout to Online Auction Management Software - February 18, 2002, Issue #260
  • AuctionWatch Announces Support for eBay Motors - May 15, 2002, Issue #317
  • Online Auction Service Provider AuctionWatch Suffers 11-Hour Outage - May 31, 2002, Issue #327
  • AuctionWatch Achieves Profitability, Announces Referral Program - June 12, 2002, Issue #335
  • AuctionWatch Imposes Fees for Storefronts - October 10, 2002, Issue #409
  • AuctionWatch Launches CRM Tool for Small Businesses & eBay Sellers - February 05, 2003, Issue #476
  • AuctionWatch Launches Full-Service Asset Remarketing Division - February 26, 2003, Issue #491
  • AuctionWatch Changes Name to Vendio, Broadens Focus - April 03, 2003, Issue #512
  • Vendio Rolls Out New Products and Features for Auction Sellers - July 13, 2003, Issue #98
  • Vendio Introduces Enhanced Image Hosting Features for eBay Sellers - October 07, 2003, Issue #623
  • Online Auction Storefront Series: Selling with a Vendio Store - January 18, 2004, Issue #111
  • Vendio Announces New Merchandising Tool and Positive Financials - April 15, 2004, Issue #740
  • Vendio Launches Tickets Manager for eBay Sellers - July 21, 2004, Issue #810
  • Vendio Launches New Referral Program for Online Auction Sellers - September 02, 2004, Issue #840
  • AuctionBytes Industry Profile: Rodrigo Sales, CEO of Vendio - October 24, 2004, Issue #129
  • Vendio to Announce Record 2004 Performance - April 13, 2005, Issue #995
  • Vendio Announces Record Financials, Launches Web Hosting Service - April 14, 2005, Issue #996
  • Vendio Tests Comparison-Shopping Toolbar - July 21, 2005, Issue #1068
  • Vendio's Dealio Partners with Shopzilla - February 15, 2006, Issue #1217
  • Alibaba Buys Vendio Service for eBay, Amazon Online Sellers - June 25, 2010, Issue #2317


  •  

    About Us      Privacy Policy      Link to Us      Partners      Our Writers      Write for Us      Press        Site Index

    Copyright 1999-. Steiner Associates LLC. All rights reserved.