September 4, 2008; 07:06 AM
Orlando, FL, September 04, 2008 --(PR.com)--
Shopping engines are a viable online sales channel, yet many retailers
lack the tools and resources needed to achieve significant
profitability in this niche advertising medium. Like many online
retailers, Drs. Foster & Smith wanted to improve the profitability
of its shopping engine programs. Channel Intelligence, Inc. (CI), the
leader in innovative marketing technology solutions for manufacturers
and retailers, details in its latest case study how it worked with Drs.
Foster & Smith to turn this important consumer shopping medium into
a more profitable online sales channel for the pet retailer giant,
achieving double-digit increases in several key metrics within one year.
After
trying a web-based self service application to manage its shopping
engine data feeds, Drs. Foster & Smith realized that reaching a
higher level of profitability with this channel would require more
industry expertise. “Our program was progressing in a moderate
fashion,” comments Matt Stelter, Assistant Manager of Internet
Marketing for Drs. Foster and Smith. “We did see an increase in sales
and knew we were getting some new customers, but overall, our shopping
engine program was not as profitable as we would have liked.”
In
the one year period the retailer has worked with CI’s SellCast™
Retailer Solutions, it saw total sales from shopping engines jump by 17
percent accompanied by a 17 percent increase in number of orders and 16
percent growth in units per order. Return-on-ad-spend has improved by
11 percent for Drs. Foster & Smith’s shopping engine program,
turning this channel into an efficient, highly profitable medium for
the retailer. Adds Stelter, “We are extremely pleased with the results
we have seen over the past 12 months and feel confident these trends
will continue.”
Keys to success addressed in the case study
include access to shopping engine program management tools based on
specialized industry knowledge and highly optimized data feed services.
With complete, accurate product data, correct item placement, and
actionable analytics at its fingertips, Drs. Foster and Smith can now
measure performance accurately and make appropriate business decisions
with confidence.
SellCast™ Retailer Solutions offers services
that help drive profitable sales from search engines, shopping engines,
online marketplaces, and affiliate sites to online retailers and local
retail stores. Through a combination of innovative data optimization
services and the option for complete end-to-end management of this
marketing channel, SellCast™ provides retailers with the tools to
achieve success with product-focused online advertising.
To access this case study and more, please visit http://www.channelintelligence.com/sellcast/case_studies.html.
About Drs. Foster & Smith
The
largest pet supply cataloger and online retailer in the nation and no.
91 on the 2008 Internet Retailer Top 500 list, Drs. Foster & Smith
started out in 1983 as three dedicated veterinarians operating a
handful of practices. Now with well over 600 employees and a thriving
eCommerce presence, Drs. Foster & Smith has become a nationwide
effort to educate and empower pet owners everywhere from its
headquarters in the heart of beautiful Northern Wisconsin. The
company’s website provides a wealth of information and products for pet
lovers with 24/7 customer service, a 100% satisfaction guarantee, and
low shipping costs. For more information, visit www.DrsFosterSmith.com.
About Channel Intelligence, Inc. (CI)
CI
is a product data technology and marketing company focused on helping
retailers and manufacturers make their products easier for consumers to
find and buy on the Internet and in local retail stores. The CI product
database is capable of storing, managing, optimizing and analyzing
hundreds of millions of products every day. This database powers
product data for leading manufacturers and retailers in Computing,
Hardware, Tools, Appliances, Consumer Electronics, Toys and other
Consumer Product industries such as Apparel, Cosmetics and Jewelry. CI
offers innovative suites of services for hundreds of the world’s best
known manufacturers, retailers and publishers and provides distribution
of product data to over 50 destination websites, including the
proprietary CI Ad Network. Cultivating partnerships with some of the
best solution providers in the eCommerce arena, CI is a partner company
of Internet Capital Group (Nasdaq: ICGE) and Aweida Capital Management.
CI was founded in 1999 by CEO Robert Wight and EVP Alan Fulmer and is
headquartered in Orlando, Fla., with offices in Geneva, Switzerland and
London, England. Learn more at www.channelintelligence.com.
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