Multiple e-commerce channels continuing to fuel retailers’ holiday sales

Research Triangle Park, NC– December 12, 2007 – ChannelAdvisor, the leading provider of e-commerce channel management solutions, today reported the company had their first $13 million global gross merchandise value (GMV) day, Monday, December 10th, 2007. ChannelAdvisor has already broken its largest one day GMV total of $11.6m that was set just a few weeks ago on Cyber Monday, November 26th, 2007. The ChannelAdvisor technology platform saw new record performance across all geographies and online channels.

“ChannelAdvisor customers are seeing tremendous success this holiday season across multiple e-commerce channels and geographies,” says Scot Wingo, Chief Executive Officer of ChannelAdvisor. “We are thrilled to have facilitated over $13 million in product sales for our customers and trends are showing there are many more sales to come.”

ChannelAdvisor facilitated just over two transactions every three seconds during this twenty four hour time period. ChannelAdvisor customers are continuing to see strength from marketplaces, paid search and comparison shopping channels with Amazon Merchants@, Google Adwords and Google Product Search continuing to lead the way.

About ChannelAdvisor Corporation

ChannelAdvisor Corporation provides technology and services that enable leading online retailers to maximize their products across multiple e-commerce marketplaces such as eBay, Amazon.com and Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag and Google Product Search and search engines such as Google, Yahoo! and MSN. In 2006, ChannelAdvisor managed over $1.6 billion in gross merchandise value (GMV) on behalf of its customers. ChannelAdvisor solutions combine best practices, on-demand software and integration technology to help retailers sell more products, faster, by automating labor-intensive, manual functions so they spend less time optimizing campaigns and more time solving marketing and business issues. ChannelAdvisor's customers include GSI Commerce, Sears, Brookstone, Abebooks and Motorola. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Atlanta, Seattle, the United Kingdom, Australia and Germany. For more information, visit http://www.channeladvisor.com/.

Contact:
Ashley Jones
ChannelAdvisor Corporation
Ph: 919.349.4177
ashley.jones@channeladvisor.com

Published on: 12:00AM on 12th December 2007