(PRWEB) November 20, 2002
FOR Instant RELEASE: ????????????????????
UBID INTRODUCES NEW ELECTRONICS SUPERSTORE
AND UNDERSCORES B2C Concentrate
Institutes Opening Bid and Holiday Shipping Promotions
CHICAGO, IL (November 20, 2002) ? uBid, a top enterprise-to-customer
e-commerce marketplace and majority-owned operating firm of CMGI, Inc. (NASDAQ: CMGI), right now unveiled plans to launch the uBid Electronics Superstore channel to join its flagship Auction channel at http://www.ubid.com. The fixed-value superstore, which is expected to launch for the duration of Thanksgiving week in time for holiday buying, will offer new brand-name offerings in consumer electronics, computer systems and peripherals and expand uBid?s standard product offerings to consist of the hottest film DVDs and laptop or computer and software program games ? objects previously unavailable to consumers via uBid?s internet site.
In addition, uBid announced a holiday promotion to decrease shipping expenditures on orders by means of the uBid Electronics Superstore channel to $ two.49 per order. Also through the holidays, uBid Auction has reduced the opening bid by far more than 80% — most bids will begin at $ 1.
uBid today also announced it has closed its Customer Exchange (C2C) channel at uBid.com to concentrate the firm and its customer care efforts on its roots as a B2C
e-commerce concern.????
?Entering the busiest of retail seasons, we?re affirming uBid?s concentrate as a major business-to-buyer pipeline for personal computer and customer electronics,? stated Christian Feuer, President and Chief Executive Officer, uBid, Inc. ?In today?s competitive personal computer and customer electronics marketplace, our clients are ideal served by expanding our item providing in these categories. Complementing our standard auction channel, we?re now providing a fixed-cost choice featuring new, brand name computer systems and client electronics. ?
About uBid
uBid, primarily based in Chicago, Ill., is a major business to customer auction and e-commerce marketplace. Founded in 1997, uBid is committed to becoming the large value, reduced cost
e-tailer on the web. The firm specializes in providing clients with cost savings on products from top brand-name makers this kind of as Sony, Hewlett-Packard, IBM, Compaq, AMD and a lot more. uBid is the majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI). For far more details, visit http://www.ubid.com.
uBid and uBid.com are trademarks of uBid, Inc. All other merchandise and solutions talked about might be trademarks or service marks of their respective owners All quantities specified herein are in US dollars.
This release consists of forward-hunting statements, which tackle a selection of subjects like, for example, the expected potential of uBid to effectively implement and operate a fixed price tag e-commerce enterprise. The following critical aspects and uncertainties, amongst other individuals, could cause real final results to differ materially from those described in these forward-seeking statements: uBid?s good results depends on the continued and elevated acceptance of its web site, its approach of promoting goods, and the Net as a medium buyer preferences for the goods supplied by uBid may adjust quickly uBid?s technologies may possibly not efficiently interoperate with these of third parties and increased competitors and technological modifications in the markets in which uBid competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI Inc.?s filings with the Securities and Exchange Commission, like CMGI’s most recent Annual Report on Kind ten-K.
Make contact with:
Beth Peterson
(708) 383-5989
cell (708) 466-3519
elizpeterson1177@hotmail.com
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Tags:
Electronics,
Fixed,
Introduces,
price,
Superstore,
uBid
