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CHANNELADVISOR ACHIEVES RECORD DAY OF $10 MILLION IN GROSS MERCHANDISE VALUE (GMV)

Record day shows impressive reliability, scalability, availability in ChannelAdvisor solutions

Research Triangle Park, NC– December 06, 2006 –ChannelAdvisor, the leading provider of channel management solutions (CMS), today reported the company had their first $10 million global gross merchandise value (GMV) day, Monday December 4th, 2006. The ChannelAdvisor technology platform saw new record performance across all geographies and online channels.

  • Search – ChannelAdvisor paid search (Google, Yahoo!, MSN, etc.) and natural search solutions had a record sales day, shattering the previous records set on “Black Friday” (November 24th, 2006)
  • Comparison Shopping Engines (CSE) – ChannelAdvisor CSE (Shopping.com, Shopzilla, Froogle, etc.) solutions also set a record GMV day, exceeding the previous record set on Cyber Monday (November 27th, 2006)
  • Marketplaces – Across all geographies (US/UK/DE), ChannelAdvisor marketplace (eBay, Amazon.com, Overstock.com, etc.) solutions recorded record GMV, exceeding the previous record set on Cyber Monday (November 27th, 2006)

“We’re thrilled by the performance achieved across all online channels and geographies on December 4th,” said Scot Wingo, CEO of ChannelAdvisor. “Our continued investments in reliability, availability and scalability allowed our systems to handle the surge in holiday sales and delivered $10m in product sales from online channels to our customers.”

In addition to the $10m in GMV record on December 4th, several other transactional records were made:

  • ChannelAdvisor’s infrastructure housed over 18 million active inventory items globally
  • ChannelAdvisor’s platform managed over 11 million paid-search ads
  • ChannelAdvisor’s checkout system had over 43,000 transactions - representing $30 in GMV/per second
  • ChannelAdvisor’s comparison shopping solutions delivered over 200m items to comparison shopping engines

About ChannelAdvisor Corporation
ChannelAdvisor Corporation provides technology and services that enable industry-leading retailers and manufactures to sell their products across multiple online marketplaces such as eBay, Amazon.com, Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag and Froogle and search engines such as Google, Yahoo! and MSN. ChannelAdvisor processes over $100m/month (greater than $1.2B/yr) in gross merchandise value on behalf of its customers. ChannelAdvisor solutions combine best practices, innovative software applications and integration technology to dramatically accelerate online channel sales. ChannelAdvisor’s customers include Nokia, GSI Commerce, Sears and Motorola. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Seattle, the United Kingdom and Germany. For more information, visit http://www.channeladvisor.com/.

Contact:

Ashley Jones
ChannelAdvisor Corporation
Ph: 919.349.4177
ashleyj@channeladvisor.com

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