Digital River, Inc. (NASDAQ: DRIV),
a leading provider of global
e-commerce solutions, offers enterprise software publishers a new
revenue channel via its In-Product Commerce technology. The global
technology, which supports commerce cross border, enables publishers to
embed digital shopping experiences inside their applications – so
buyers, for instance, can purchase an upgrade, renew a subscription or
add a new service feature at anytime, from any device – all without ever
leaving the product.
"With the introduction of the tablet and increasing adoption of smart
phones and other connected devices, we are watching consumer
expectations and online purchase preferences rapidly evolve,” said Joel
Ronning, Digital River’s CEO. "Consumers are looking for unparalleled
levels of convenience, connectivity and community – what Digital River
calls Transparent Commerce. These expectations are carrying over to the
enterprise market – and what we are seeing is the consumerization of the
enterprise buyer. Enterprise software publishers can easily adapt to
these market changes by creating quick and seamless purchase experiences
inside their applications – and Digital River’s In-product Commerce can
help them accomplish just that.”
Digital River’s In-Product Commerce technology is built on the backbone
of its Global Commerce™ enterprise system, which
supports tens of thousands of online businesses around the world.
Drawing on this tested platform, Digital River can deliver the same
robust shopping experience inside an application that it can offer
inside an online store. Companies can implement the solution within an
application without completing redeployments or updates, which can
expedite their time-to-market. Digital River’s In-Product Commerce:
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Stores buyer credentials for easy sign on and seamless checkout;
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Offers a flexible presentation layer that automatically displays the
shopping experience inside a variety of digital formats, including a
download manager, pop-up store window, mobile application and more;
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Manages transaction processing in multiple currencies and global
payment options;
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Handles fraud and tax management and export controls; and
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Supports a range of e-marketing capabilities, including coupons,
discounts, A/B testing and dynamic personalization.
"Customer acquisition is expensive. Once you establish a relationship
with a customer, you want to retain them and monetize their experiences
inside your digital product,” said Jim Wehmann, Digital River’s senior
vice president of global marketing. "We have seen the in-product
commerce channel drive lifts of ten percent or more in incremental
revenue. The results speak for themselves.”
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, call +1 952-253-1234, or follow the company on Twitter.
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 deliver In-Product Commerce technology; 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 company and product names are trademarks, registrations or
copyrights of their respective owners.
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Publishers New Revenue Stream via In-Product Commerce Technology
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