Digital River, Inc. (NASDAQ: DRIV),
a leading provider of global e-commerce
solutions, announced an enhanced business-to-business (B2B) offering
that enables companies – large and small – to create best-in-class
online purchase experiences for their business buyers. The global
cloud-based solution enables physical and digital goods merchants to
sell directly to new or underserved groups of business buyers by
tailoring their e-commerce services and using authenticated portals,
segmented pricing, preferred payment methods, private reseller networks,
and more. For some companies, selling direct to business buyers has
materially increased margin efficiency and produced renewal rates of 30
percent.
"Today’s business buyers are demanding more from their online purchases.
They are demanding unprecedented levels of self-service, content,
flexibility, and integration across channels and locales,” said Joel
Ronning, Digital River’ CEO. "Our enhanced B2B solution helps online
merchants answer this call in a way that no other solution can. It
leverages our more than 15 years of global e-commerce expertise in
building business buying experiences along with a proven cloud-based
e-commerce infrastructure.”
Digital River’s B2B solution is built on the backbone of its Global
Commerce™
enterprise system, which supports
tens of thousands of online businesses around the world, including some
of the Internet’s biggest software publishing and consumer electronics
brands. The B2B solution offers online merchants the ability to:
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Streamline system integrations – expand and enhance current
online capabilities by integrating Digital River’s commerce solutions
with traditional business platforms and systems, including ERP, CRM or
partner management systems.
-
Reach new global markets – secure access to markets across the
globe and reach underserved channels with flexible solutions and an
international resource network of local tax professionals, payment
specialists and regional marketing experts.
-
Launch channel-specific sites – customize the B2B shopping
experience by offering authenticated portals, and segmented and tiered
pricing for specific channel partners or key accounts.
-
Streamline the transaction process – tailor the purchasing
process to meet company requirements with multiple seller- and
merchant-of-record model options.
-
Secure ownership of the customer lifecycle – drive reccurring
revenue by maintaining access to valuable channel customer data and
establishing direct customer relationships.
"According to forecasts, the global e-commerce market is poised for
tremendous growth – and we expect that B2B will be an important driving
force behind it,” said Ronning. "By using our B2B e-commerce solution,
companies can not only take advantage of this increasing revenue
opportunity, but also deliver a world-class user experience that drives
operational efficiencies and reduces conflict across their sales
channels.”
About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions,
builds and manages online businesses for software and game publishers,
consumer electronics manufacturers, distributors, online retailers and
affiliates. Its multi-channel e-commerce solution, which supports both
direct and indirect sales, is designed to help companies of all sizes
maximize online revenues as well as reduce the costs and risks of
running an e-commerce operation. The company’s comprehensive platform
offers site development and hosting, order management, fraud management,
export controls, tax management, physical and digital product
fulfillment, multi-lingual customer service, advanced reporting and
strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with
offices across the U.S., Asia, Europe and South America. For more
details about Digital River, visit the corporate
website, follow the company on Twitter
or call +1 952-253-1234.
Forward-Looking Statement
In addition to the historical information contained herein, this
press release contains forward-looking statements, such as statements
containing the words, "will,” "plans,” "intends,” "expects,” and similar
words.
Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Digital River, or industry
results, to differ materially from those expressed or implied by such
forward-looking statements. Such factors include, among others: Digital
River’s operating history and variability of operating results;
competition in the electronic commerce market; the ability of Digital
River to support a global B2B offering; the market’s acceptance of such
offerings; and other risk factors referenced in Digital River’s public
filings with the Securities and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. All
other trademarks and registered trademarks are trademarks of their
respective owners.
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