New York - WebCollage,
which provides rich CE product content to retailers' websites, is adding
pricing information through a new partnership with Channel IQ.
The deal will help
ensure that pricing throughout the online retail channel is consistent with
positioning and pricing agreements between manufacturers and retailers, the
partners said.
Channel IQ, an
online pricing intelligence and channel-management solutions developer, is "the
industry standard for comprehensive online retail intelligence and analytics
surrounding minimum advertised price (MAP) compliance monitoring, competitive
pricing data, brand and trademark compliance, and authorized dealer
verification," said WebCollage CEO Scott Matthews. "By including Channel IQ's
invaluable information [in] our product mix, we help bring clarity and
certainty to pricing compliance."
WebCollage
provides detail-rich online product descriptions including videos, tours,
images and text for such manufacturers and major retailers as Amazon.com, Bed
Bath & Beyond, Best Buy, Costco, CVS, Dick's Sporting Goods, Office Depot,
OfficeMax, QVC, RadioShack, Sam's Club, Sears, Staples, Target, Toys "R" Us,
Walgreens and Walmart. The company said its real-time, automatic content
updates can increase sales, reduces return rates and improve conversions by up
to 30 percent while ensuring a consistent and intact branded shopper experience
throughout the online retail channel.
"Our partnership
will allow both WebCollage and Channel IQ the joint opportunity to introduce
content (push) and price-monitoring (pull) solutions to companies concerned
over control and consistency in the online retail channel," said Channel IQ CEO
Wes Shepherd. "When combined, both companies offer an unparalleled solution for
online pricing compliance and control over product presentations and branded
messaging on retail product pages."
Channel IQ said it
combines integrated reporting, interactive applications and services to provide
real-time online promotion and pricing information, which allows major
manufacturers and retailers like Crutchfield, Olympus, LG, Panasonic, Weber
Grills and Bosch "to quickly and profitably handle channel issues and
competitive situations."
Abstract Web:
New York - WebCollage, which provides rich CE product content to retailers' websites, is adding pricing information through a new partnership with Channel IQ.