EcommerceBytes-NewsFlash, Number 2097 - August 07, 2009 - ISSN 1539-5065 3 of 3
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Items from these brands are selectively placed within charity auctions that raise money for local causes. The program generates a measurable ROI backed with hard metrics for the participating marketers. "Because online charity auctions reach affluent consumers through their trusted causes just as they are making discretionary purchasing decisions, they are a highly measurable and experiential marketing channel," said cMarket CEO Jon Carson. The experiential marketing program allows hundreds of thousands of affluent consumers to experience a brand with an average person spending over 40 seconds on a microsite built with rich media to optimize the consumer’s brand experience. cMarket, which booked $1.3 million in advertising commitments in 2008, the program’s first year, has already book $4.9 million halfway through its fiscal year and is tracking to $9 million in marketing commitments for 2009. |
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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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Email this story to a friend. 3 of 3 |
cMarket/BiddingForGood Raises over $70 Million for Non-Profits - September 16, 2009
cMarket Charity Auction Sales Surge in Q1 to Pass $60 Million - April 10, 2009
In Bad Economy, Charity Auctions Performing Well - February 06, 2009
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cMarket, the leading online auction platform connecting charity auctions, consumers, and marketers, has a new online experiential marketing program for charity auctions through its 