The Philadelphia Inquirer and Daily News Go Live with the G2 Discovery Marketing Database and Campaign Tools
Philadelphia, PA (PRWEB) June 25, 2009 — The Philadelphia Inquirer and Daily News selected Marketing G2 (http://www.marketingg2.com) to automate their marketing process with its Open Intelligence and G2 Discovery database marketing solution. The Inquirer and Daily News successfully implemented the G2 Discovery solution within 90 days, and today, dozens of campaigns are executed to support their subscriber acquisition and retention efforts. As the newspaper industry's leading database-marketing service provider, Marketing G2 (MG2) offers newspapers unparalleled tools to meet the demands of a rapidly changing industry with data-driven applications and marketing services. The Philadelphia Inquirer and Daily News join a growing family of newspapers tapping MG2 to provide state-of-the-art marketing solutions that deliver.
"The Philadelphia Inquirer and Daily News chose Marketing G2 because its Open Intelligence database data model met our sophisticated needs to be fully automated and to integrate complex data," says Jeff Berger, Chief Information Officer at The Philadelphia Inquirer and Daily News. "The MG2 implementation team worked closely with our staff, provided thorough support, and delivered on time."
G2 Discovery is designed for marketers. It has the right balance of speed, ease of use, and flexibility. Because of its cutting edge functionality, marketers are able to increase productivity by dramatically reducing query and analysis time; to transfer complex data into useful metrics and graphical information; and to make real-time decisions using on-demand analysis. G2 Discovery also offers its clients comprehensive solutions for customer segmentation, list selection and fulfillment, lifetime value and profitability scoring, data mining and modeling, and campaign management. These functions give clients–especially newspapers–the ability to address audience development and direct marketing needs in one product package all working from the same database. In short, G2 Discovery is a one-stop-shop marketing solution for newspapers, and The Philadelphia Inquirer and Daily News are now realizing its power.
Kim Rossmair, Database Marketing Manager in Philadelphia explains, "G2 Discovery enables us to design complex multi-channel campaigns. The Inquirer and Daily News have introduced new target efforts aimed at increasing campaign performance. The implementation of G2 Discovery has been a complete game-changer for us because it allows us to focus our efforts on campaigns and analysis instead of database production."
"We're excited about our new partnership with The Inquirer and Daily News," says Patrick Glennon, Managing Partner and founder at Marketing G2. "The current realities of the newspaper industry require newspapers to be able to analyze, segment, and track performance of customer campaigns efficiently and easily. Marketers are being asked to do more with less. The Open Intelligence and G2 Discovery solution is the industry's preeminent product in this regard and MG2 is happy to be of service."
Rossmair concludes, "Newspapers face difficult times ahead, and many difficult decisions along the way. We were looking for a partner with the right products and services backed by experienced marketers who understand newspapers and direct marketing. We found that in Marketing G2."
About The Philadelphia Inquirer and Daily News: Founded June 1, 1829. The Philadelphia Inquirer is America's third-oldest surviving daily newspaper. The Daily News first rolled off the presses March 31, 1925. Both papers were acquired by Philadelphia Media Holdings in 2006. The Philadelphia Inquirer's tradition of aggressive enterprise, explanatory reporting and stylish writing has been accorded 18 Pulitzer Prizes. The Daily News is a thriving, city-oriented tabloid. It depends on single-copy sales; nine of every 10 Daily News readers must make a deliberate decision to buy the paper. The paper is best known for its excellent coverage of local news and sports, passionate reporting. Both papers serve the Philadelphia market that includes Philadelphia County and the adjoining 7 counties in Pennsylvania and New Jersey.
About Marketing G2: Marketing G2 (http://www.marketingg2.com) is the premier provider of customer intelligence applications and data integration services for the newspaper industry. Comprised of former newspaper executives and seasoned technology development professionals, the company brings to market over 35 years of newspaper marketing experience and expertise. Marketing G2's strength lies in its ability to automate marketing and CRM processes resulting in increased customer value and increased revenues.
For more information, contact Patrick Glennon at 215-822-2289.
UtahPulse.com Launches June 16; Web Site Will Offer Daily ‘News for Newsmakers’ and Utah’s Business Community
Salt Lake City, UT (PRWEB) June 18, 2008 — A robust “one-stop source for business news,” the innovative new UtahPulse.com (http://www.utahpulse.com/) Web site is designed to keep Utah’s business community, political and government leaders, newsmakers and others equipped with news and information that can help impact bottom lines and policy decisions.
Launching this week, UtahPulse.com will be filling a “news gap” by compiling and updating Utah-specific news throughout the day. The site will include links to major Utah news outlets, as well as links to partner sites like the Salt Lake Chamber, Utah World Trade Center, the Economic Development Corporation of Utah, USTAR, the Utah Policy Daily, Launch Magazine, Business Connect, Mountain West Capital Network and the Zions Business Resource Center.
“UtahPulse.com is vital to the business community’s growth,” said Lane Beattie, president and CEO of the Salt Lake Chamber of Commerce. “It’s a succinct way to receive news and information every day.”
Developed in partnership with Zions Bank (http://www.zionsbank.com/), UtahPulse.com will feature premium business content in text, audio and (eventually) video formats. The news and information will also include subscription-based services (such as “The Daily Pulse” (http://utahpulse.com/feeds) newsletter, designed to deliver the latest, most up-to-date headlines to subscribers every morning).
Each edition of “The Daily Pulse” newsletter will be geared around specific themes – focusing, for example, on topics like International Business, Chambers of Commerce and business public policy, small business development/entrepreneurship, business recruitment and high tech business, among many other areas.
UtahPulse.com will also become the new home of the “Utah Policy Daily” political newsletter. “Utah Policy Daily” subscribers can receive “The Daily Pulse” newsletter in addition to regular “Utah Policy Daily” updates and political news.
The Web site’s news and information pages will also include a variety of business lists, data and tools, news links, educational resources and user-generated materials from entrepreneurs, CEOs and policy makers. Visitors to the site can peruse a home page portal with customizable news on local stocks, business trends and other headlines or click through to visit sections of the Web site dedicated to “Business,” “Community,” “Technology,” “Entrepreneurship,” “International,” “Marketing,” “Real Estate” and “Politics.”
Relevant podcasts and blogs will also be featured on the UtahPulse.com home page, as will events listings and other pertinent information. Visitors can use the “Pulse Dashboard” (http://www.utahpulse.com/dashboard) to get a snapshot of Utah economic indicators, including the best and worst performers nationally. Additional features allow visitors to search for Utah businesses and their key performance indicators. A supplemental feature highlights Utah’s top 25 Web sites according to Alexa, a service that monitors Web activity and most-searched-for sites.
UtahPulse.com visitors will also have the capacity to submit ideas for stories or coverage, and the site is accepting advertisers.
“We’re aiming for Utah Pulse to be the premier Web site of its kind in the Rocky Mountain region,” said Scott Anderson, Zions Bank president and CEO. “This is the most up-to-date, relevant information possible, compiled for an audience of people who both want to and need to stay informed.”
The UtahPulse.com Web site was designed by Love Communications (http://www.lovecomm.net/), the Salt Lake City-based full-service advertising agency. Love Communications also developed the interactive strategy for UtahPulse.com, which is scheduled to launch with a media campaign including radio, outdoor and on-line advertising.
New York’s “Daily News” Praises Avatar New York
New York, NY (PRWEB) July 20, 2008 — New York’s Daily News has recently featured Avatar New York www.avatarnewyork.com in its ‘Money’ section, http://tinyurl.com/6gbopw mentioning not only diligence and ingenuity, but the ability to trust in business gut instinct. Avatar New York has been receiving a great deal of publicity lately. After having an exciting run of awards — 16 to be exact, all eyes are on this incredibly web design and technology firm.
On top of its massive award wins for 2008, people are wondering about the humble beginnings of this thriving company. But while this period of huge success might seem like luck, the company’s success is due largely in part to trusting gut instincts. Founder of the Avatar New York, Charles McCoy was just featured in the New York Daily News for his finesse in jumpstarting the offspring of a failing division of Austin, Texas based company Avatar Technology. Ultimately, Charles McCoy trusted in his experience and his sensibilities to grow Avatar New York into a wildly successful web and design firm.
In this article Charles states “…there’s not some magical solution or some book you can read. In fact, you have to trust your instincts? you might not make the right decision, but you’ll make the right decision for that point in time.” The New York Daily News article focused on how making the right decisions for the right times is what has helped Avatar New York move from a company that struggled to stay afloat during the dot-com bubble burst to a company that is now surpassing its original expectations. The end result was a steady incline towards strengthened client relationships and opportunities to explore the fast-paced movement of technology. Avatar New York has even set its eyes on more social networking and interactive projects such as “tween” interactive game, www.fashionfantasygame.com a site made for seasoned under apparel designer, Nancy Ganz.
Larger-scale projects and some expansion are in the future, though Avatar New York is careful to choose the right talent to go hand-in-hand with its growth. “What matters most is our relationships with our clients and maintaining the quality of those relationships,” reiterates Charles McCoy. Now what was a fledgling company with an unclear forecast, Charles McCoy and partner, Patrick Tully have taken Avatar New York and turned it into the kind of company that gets written up in the papers — The New York Daily News’ ‘Money’ section to be exact. Talented designers, programmers and technology experts are the backbone of Avatar New York, yet a savvy risk-taking attitude coupled with a fine foundation is the reason why this company is gaining press and experiencing explosive growth.
Daily News Licenses Inform Technologies’ Semantic Web Solution to Enrich User Experience at NYDailyNews.com : Inform Automatically Searches and
NEW YORK (Business Wire EON) October 14, 2008 — NYDailyNews.com has employed Inform to automatically create multiple, relevant links and topic pages. The new features are designed to create a richer, more rewarding user experience and to derive increased revenue from the site.
Said James Satloff, CEO of Inform Technologies, "The Daily News is thinking creatively about how to give a richer and more instinctive service to its users. Through the introduction of new software and new applications it is able to offer a compelling site that leverages the quality of the paper's editorial depth and archives, as well as associated content on the Web. Inform's goal is to seamlessly and quickly make NYDailyNews.com an even greater resource for readers who want timely, relevant and easy to access content."
NYDailyNews.com combines the best of new and traditional media – allowing users to dig deep into content through contextual searches, while preserving traditional editorial control, journalistic integrity and market credibility.
Inform uses proprietary rules and algorithms to scan millions of pages of content and identify topics and articles that are similar and relevant to each other – faster and more cost-effectively than an individual editor can. The Semantic Web technology then creates links between articles as well as dynamic topic-specific pages that pull together articles, blogs, photos, and videos on a given subject. Links and topic pages are automatically updated as the software continuously learns how particular words – such as "Brett Favre" and "Jets" – are now related to each other. This is done in real time, leveraging breaking news.
Added James Satloff, "Media companies face significant challenges online; we believe that the Inform solution gives a media company a real leg up: It lets a single site marshal all the richness and depth of the Web, but in an organized way that editors control. What's really appealing to most of our customers is that it all happens automatically – algorithmically – following guidelines set by their editors and publishers."
For NYDailyNews.com, Inform's solution:
Displays lists of related "topics" (such as "NYC Security") and "entities" (such as "Mayor Bloomberg") for improved navigation and discovery directly from the article a visitor is reading. Delivers related content from within the Daily News' content pool and from a customized set of Web sources specified by the Daily News. For example, a Daily News article on NYC security warnings or threats includes links to additional Daily News coverage of NYC security; broader topics, such as homeland security; and videos and blogs about security from other sites that NY Daily News editors select. Topic pages about each subject are generated dynamically as well. The Daily News also benefits from Inform's ability to delineate people and topics specific to the New York metropolitan area; for instance, the software can identify Mayor Bloomberg independent of Bloomberg, the financial data and news provider that bears his name.
The Daily News joins other major media and business properties, including Washington Post, Newsweek, Nielsen Business Media, Cox Communications, IDG, and Conde Nast's Portfolio.com, that use Inform's solution to enrich their Websites in ways that have both a direct impact on the user's experience and the financial bottom line. Deeper, richer links create a more compelling Website, engaging visitors, who, in turn, spend more time using it. This can result in more users, more page views, more time spent on the site, and thus more revenue. In addition, online publishers now have an enhanced ability to compete effectively with search engines and other websites for traffic.
About the New York Daily News
The Daily News is the largest and most widely read newspaper in the New York metropolitan market and the fifth largest newspaper in the country. The Daily News continues to lead all other newspapers as the paper of choice for New York City residents. NYDailyNews.com serves almost 60 million page views a month to more than 10 million unique users.
About Inform Technologies
Inform Technologies is a Semantic Web solution for established media brands that automatically searches, organizes and links content to provide a rich, compelling experience that attracts and retains readers. Inform's journalistic technology platform does the work necessary to support an editorial team, continually teaching itself how information is related and automatically updating links and topics as the context changes. Inform-powered semantic relationships form the foundation of a definitive content destination that can more effectively compete with search engines and other sites for traffic.
To learn more about Inform Technologies or to schedule an interview, please contact Adria Greenberg of Sommerfield Communications at 212-255-8386 or adria@sommerfield.com.
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
HealthLeaders Media Announces Instant Access to Online News and Analysis
Marblehead, MA (PRWEB) September 14, 2009 — HealthLeaders Media (http://www.healthleadersmedia.com) announces instant access to its news and analysis content through news widgets. With the launch of this feature, members of the HealthLeaders Media online professional community can post HealthLeaders Media Daily News & Analysis content directly to their own Websites and blogs.
For the first time our readers can offer quality, added-value content to their readers from the most trusted name is healthcare news and information. Available in a variety of sizes, news widgets are simple to install, and there is no charge. Go to www.healthleadersmedia.com/widgets/ for more information.
In April, 2009, HealthLeaders Media, the most trusted name is healthcare solutions and information, expanded its coverage of the industry by adding breadth and depth to its news reporting and analysis each business day. This enhanced content is free and updated throughout the day, and available at: www.healthleadersmedia.com. The daily eNewsletter, HealthLeaders Media Daily News & Analysis is also delivered to subscribers each morning.
With more than 150,000 registered users, HealthLeaders Media Online brings top level decision-makers analysis that explores the direction of healthcare. Reporting from Washington, DC, and across the country HealthLeaders Media's award-winning writers offer expertise in every business area including executive leadership, finance, quality, technology, community and rural, health plans, HR, and marketing.
The most popular news site on the Web for healthcare's c-suite, HealthLeaders Media continues to deliver relevant information on the happenings in healthcare that are top of mind to healthcare professionals.
To find out more, go to http://www.healthleadersmedia.com/widgets/
HealthLeaders Media serves the information needs of C-level and top executives in healthcare. Magazine subscribers find solutions-oriented, practical advice on management trends and strategy with real world solutions to run the nation's leading healthcare organizations. The HealthLeaders Media online audience receives current and relevant information through the Daily News & Analysis, delivered each morning to their email inbox, as well as 10 other topic-specific email newsletters. HealthLeaders Media continually produces award winning print, online, and event resources for its audiences in Healthcare Leadership, Finance, Marketing, and Technology markets. Additional information can be found at www.healthleadersmedia.com.
PRWeb Announces Daily News Subscription Service for Media
Lanham, MD (PRWeb) May 12, 2008 — PRWeb, a Vocus, Inc. (http://www.vocus.com) (NASDAQ: VOCS) company and leader in online news and press release distribution (http://www.prweb.com), today announced an enhancement to their news subscription service that will allow press release recipients to receive their news in one daily digest.
“Our e-mail subscription service helps people stay on top of the news,” said Bill Wagner, chief marketing officer of Vocus, Inc. “As our news volume has grown significantly in the past several years, this simplified format will help ensure that our subscribers are able to receive their news and quickly locate the stories in which they are interested.”
More than 35,000 bloggers, journalists and other recipients take advantage of PRWeb’s free service and receive breaking news releases through an easy-to-use subscription interface. Once registered, subscribers choose from more than 250 topics of information and will only receive news releases that are relevant to them.
About PRWeb
PRWeb is recognized as a leading online news and news release distribution service worldwide. Since 1997, PRWeb has been changing the way businesses, marketing departments and public relations firms think about press releases. PRWeb was the first company to develop a distribution strategy around direct-to-consumer communication and to build and offer a search engine optimized platform for press release distribution. PRWeb, located in Ferndale, WA, is a wholly owned subsidiary of Vocus, Inc., a leading provider of on-demand public relations management software. For more information please visit www.prweb.com.
About Vocus, Inc.
Vocus, Inc. (NASDAQ: VOCS) is a leading provider of on-demand software for public relations management. Our web-based software suite helps organizations of all sizes to fundamentally change the way they communicate with both the media and the public, optimizing their public relations and increasing their ability to measure its impact. Our on-demand software addresses the critical functions of public relations including media relations, news distribution and news monitoring. We deliver our solutions over the Internet using a secure, scalable application and system architecture, which allows our customers to eliminate expensive up-front hardware and software costs and to quickly deploy and adopt our on-demand software. Vocus is used by more than 2,400 organizations worldwide and is available in five languages. Vocus is based in Lanham, Md. with offices in North America, Europe, and Asia. For more information please visit www.vocus.com or call 800.345.5572.
This release contains “forward-looking” statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “expects,” “projects,” “anticipates,” “estimates,” “believes,” “intends,” “plans,” “should,” “seeks,” and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in Vocus’ filings with the Securities and Exchange Commission.
Daily News Site Expands Channels and Technology To Better Serve Web Readers
Tampa, Florida (PRWEB) December 2, 2008 — Your Daily Slice, a revolutionary online news (http://www.yourdailyslice.com) portal which puts the news you want at your fingertips on one simple site, has been updated to provide it's visitors with an even more streamlined experience. The newest updates to the site also aim to establish Your Daily Slice as the most comprehensive online news source, while maintaining and enhancing its ease of navigation and efficiency. Your Daily Slice is a one-stop source for breaking news, updating constantly to provide you with the top headlines from all the major news sources and news categories – eliminating the need to search multiple news sites for the information you want.
Your Daily Slice site updates include the addition of dedicated, proprietary news feeds, as well as news feeds from all the top news sources, including NY Times, LA Times, USA Today, AP, UPI, Reuters, BBC, ABC, CBS, MSNBC and more. The newly updated site will also feature up-to-date scores for football and basketball and game recaps. The new site structure also features top articles from all major blogs, as well as up-to-the-minute weather reports and stock reports – all in one easy to use, one-click format.
It is Your Daily Slice's cleanly categorized and easy-to-navigate structure that makes this online news site so convenient, and a favorite for those wanting to save time searching for the latest information. With all articles streamlined under simply stated categories, it's easy to find the information you need at a glance. Every news article posted on the site is listed in chronological order, setting the latest news (http://www.yourdailyslice.com) apart from the rest. It is also easy to search and find past articles – no bookmarking needed!
"The whole goal of this site is to make staying informed with the latest breaking news (http://www.yourdailyslice.com) as easy as possible. With the amount of information that's available on the web, navigating through tons of online news sources to find what's important to you can be time consuming – if not downright frustrating," says George Beardsly, Creator of Your Daily Slice. "We lay everything out in a way that makes finding what you're interested in really easy. And these new improvements and expansions to the site will make the user experience that much better, because you have even more right at your fingertips, just one click away," says Beardsley.
To get your Daily Slice of news, your way, visit www.YourDailySlice.com and browse headlines, search news archives, or peruse the many news categories – from Politics and Financial News, to Showbiz and Health & Wellness, to College and Pro Sports.
About YourDailySlice.com
YourDailySlice.com is an extraordinary network of news channels offering real-time access to top current news (http://www.yourdailyslice.com), blogs, video and editorial content. The editors at YourDailySlice.com scour the web and combine the most up-to-the-minute news in one convenient location. In addition, the site's unique active menu system allows users to quickly view and choose their desired content. YourDailySlice.com is breaking news your way. For more information, visit www.YourDailySlice.com
PhatSportShades Sunglasses and Goggles E-Commerce Store Was Selected As Vendor For Article In New York Daily News
Newburyport, MA (PRWEB) July 2, 2008 — PhatSportShades has recently been selected as 1 of 5 vendors to showcase in an article highlighting “Your Drive” columnists favorite pairs of sunglasses.
On Tuesday, June 3, PhatSportShades was selected as a showcase vendor in the New York Daily News column called “Your Drive”. The columnist, Josh Max, mentioned PhatSportShades as a vendor in a column discussing sunglasses for the summer. The column featured 5 different sunglasses models from 5 different vendors and manufacturers. A top selling sunglasses model carried by PhatSportShades was one of the five featured and was included with PhatSportShades web address and a description of the sunglasses. Thanks to this mention, PhatSportShades has seen a substantial increase in traffic helping to reinforce its position as one of the leading online retailers of performance eyewear.
About The Website:
PhatSportShades.com provides images, descriptions and specifications for hundreds of models of
sunglasses and goggles including motorcycle sunglasses, watersports sunglasses, ski and snowboarding goggles, military and law enforcement eyewear and more. Ordering is made simple with an easy to use shopping cart, robust customer support features and a 30 day money back guarantee on all purchases. PhatSportShades is a verified merchant with Authorize.net.
About PhatSportShades:
Founded in 2002, PhatSportShades offer the latest in motorcycle sunglasses and motorcycle goggles, as well as the leading names in performance eyewear, military eye protection, ski & snowboarding goggles and watersports sunglasses. PhatSportShades combines the finest names in eyewear with fast shipping and customer service second to none. PhatSportShades is the Internet’s leading source of performance eyewear.
For more information, visit http://www.phatsportshades.com/
Phone inquiries to: 978-462-4358
Daily News Slammed In Multi-Million Dollar Lawsuit For Identifying The Wrong Woman As The Infamous “Manhattan Madam”
(PRWEB) February 6, 2009 — On February 6, 2009, Bojana Vuleta, a Queens stylist, filed a multi-million dollar lawsuit against the New York Daily News for falsely identifying her as the notorious "Manhattan Madam" in a February 1, 2009 news story entitled, "Madam's Slippery Story of Sex Attack." The Complaint states that the New York Daily News published a photograph of Ms. Vuleta outside her home, but falsely identified her as the notorious Kristin Davis who has been associated with overseeing a high-priced prostitution ring. The Complaint also alleges that the Daily News falsely reported, among other things, that Ms. Vuleta:
* lied to the police;
* was sexually attacked;
* was incarcerated for commission of various crimes; and
* was drunk and slurring her words in public.
Ms. Vuleta, who has never been involved in any of the above acts and who does not even know the "Manhattan Madam," has been harassed at her job and in her neighborhood by people who now claim to believe that she is living a double life. Ms. Vuleta's image, tagged with the term, "Manhattan Madam," has spread virally across the Internet, and is now linked with pornography, homosexuality, bestiality, transsexualism, sex toys, and similar topics.
The suit also complains that the Daily News and other news outlets have endangered Ms. Vuleta's life by, not only publishing her photograph, but also listing her home address prominently in the story. In previous articles, the Daily News reported that the "Manhattan Madam" was in possession of a notorious "black book," which listed the names of thousands of affluent "customers." Referring to the Daily News' article as the "height of irresponsibility and cruelty," Ms. Vuleta's lawyer, Michael Hiller of Weiss & Hiller, PC, stated that "the Daily News' decision to publish Ms. Vuleta's home address effectively invited every angry 'john' embarrassed by disclosure of his involvement in the prostitution ring to harm Ms. Vuleta." "It's nothing short of outrageous."
The Complaint demands punitive damages against the Daily News, in part, because the paper published another news story this morning, again falsely identifying Ms. Vuleta as Davis, even after Ms. Vuleta's attorneys notified the Daily News editor-in-chief, Martin Dunn, of the paper's blatant misconduct.
Craig Delsack, also representing Ms. Vuleta, commented: "This is simply a disgusting and dangerous act of yellow journalism." According to Mr. Hiller, a cease and desist letter was sent to the Daily News and all of the other media outlets directing them to pull the story and to print immediate retractions. The Complaint seeks $80 Million in damages. Case No. 101698-09. New York Supreme Court, New York County
Contact:
Michael S. Hiller, Weiss & Hiller, PC – 212 319-4000; 646 408-5995
Lauren A. Rudick, Weiss & Hiller, PC – 212 319-4000; 917 405-4206
Craig Delsack, Law Offices of Craig Delsack, LLC – 212 688-8944
Two-scale homogeneous chain giant profits increased speed the process of 3C – Center Daily News, Suning, Gome – HC Network Appliance Industry
Suning, Gome Center Daily News revealed that a single store profit decline has been effectively improved the situation
Yesterday (30), Suning has announced its 2007 semi-annual report, the data show that the first half of this year, Suning net profit of 578 million, an increase of 110.63%. Earlier, another giant Gome chain reported half-year results showed a net profit 395000000 yuan, up 14.50%, excluding USA and China Ping convertible bonds assess the fair value of derivatives resulting from the carrying less profitable 411000000 yuan impact, the company achieved net profit of 806 million yuan, up 177.9 percent.
After a series of "optimal adjustment", the most recent interim report of giant chains, in terms of scale, profits continued to grow at the same time, single-store revenue, management efficiency, quality management began to move up, while various measures chain giant began , Force won the advantages of the traditional IT channel position, speed up the "3C store" process.
Profits to expand the scale of synchronization Suning Center Daily News revealed that 1-6 months of 2007, Suning Appliance to achieve total revenue of 18.98 billion yuan, up 60.58 percent over the same period the previous year; realized main business income of 18.19 billion yuan, up 62.80 percent over the same period the previous year; net profit of 578 million yuan, up 110.63 percent over the same period the previous year. Meanwhile, Su Ning also expected to reach 1-9 month net profit up 70% -100%.
Country's mid-year report also shows that the United States, first half sales of 21.157 billion yuan, up 73.88 percent; after deducting minority interests, net profit of 395 million yuan, up 14.50 percent. Gome president Chen Xiao said that if China does not consider the level of convertible bonds to assess the fair value of derivatives resulting from the carrying amount of the profit to reduce the impact of 411 million yuan, the company should be 806 million yuan net profit, up 177.9% .
At the same time, the two giants to further enlarge the business scale, the China and the United States as of June 30, the number of stores to 654, compared to 338 last year; current weighted business area of 236 square meters, a year earlier to 1.19 million square meters. While Suning the first half of this year, new entrants to grade more than 13 cities, 71 new stores opened, as of the reporting period, Suning has been in the country over 103 prefecture-level city with 413 stores, chain stores area of 1,631,700 square meters, increase of 40.16 percent over the same period the previous year.
Speed up the process of 3C Initial success in the traditional integration of home appliances in the field after the first half of this year, chain giant begins to accelerate "3C store" process. The U.S. side said the country expected to communications, digital and computer products sales in the first half of this year accounting for 14.9%, respectively, 6.5% and 3.9%. The first half of this year, the country also set up U.S. operations center communications, and mobile phone manufacturers responsible, in close cooperation with operators to optimize the supply chain, and announced that the year will be built in major cities and more than 100 mobile phone shops, the mobile phone sales target for 2007 set 19.8 billion.
In April this year, Suning Appliance's first product tailored specifically for 3C "DIGITALSUNING" the first store opened in Nanjing commerce chain, Sun people that the consumer electronics business as the company's future growth, the company has been committed nurturing and attention, to achieve communication, digital, IT and other consumer electronics products business breakthroughs.
Suning Guo of the financial data in the United States Business grew net profit of main business income rose a few stores Suning 18,980,000,000 110.63% 62.80% 578 000 000 413 States United States 21157000000 73.88% 14.50% 654 395 000 000
Note: States United States does not consider the Chinese level of convertible bonds to assess the fair value of derivatives resulting from the carrying amount of the profit to reduce the impact of 411 million yuan, the company achieved net profit of 806 million yuan, up 177.9 percent.
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