EcommerceBytes-NewsFlash, Number 1061 - July 12, 2005 - ISSN 1539-5065 3 of 5
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ChannelAdvisor announced it has acquired SearchMarketing, a leader in natural and paid search optimization (SEO) for online merchants. The company said the acquisition would allow it to enhance its channel management solutions by adding a comprehensive natural and paid search suite. ChannelAdvisor provides marketplace management solutions to retailers on sites like eBay, Amazon.com, Yahoo Auctions and Overstock.com, and comparison shopping engines such as Shopping.com, Shopzilla and Nextag. ChannelAdvisor CEO Scot Wingo said, "After talking to our customers the overwhelming feedback was a lack of satisfaction with existing search engine optimization advertising-based tools such as rules-based and portfolio-based approaches. The ChannelAdvisor/SearchMarketing combination allows us to offer our customers from eBay's largest sellers to top online merchants a next generation ability to utilize search as a powerful new sales channel." SearchMarketing manages over 1.5 million keywords for over thirty retail clients, including 24 of the top 400 Internet retailers. SearchMarketing's technology is directly integrated with the Google and Yahoo Search Marketing webservice APIs. Kevin McCarthy launched SearchMarketing in 1999. According to the press announcement, SearchMarketing's product suite will be branded as the ChannelAdvisor SearchSuite and includes the following components:
Terms of the deal were not announced. |
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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