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ChannelAdvisor Announces Exclusive Partnership with TheFind

Joint Customers Receive Special Benefits Including Waived Fees and Improved Conversions

RESEARCH TRIANGLE PARK, N.C.--(EON: Enhanced Online News)--ChannelAdvisor, a solution provider that enables online retailers to improve efficiency and increase revenue, announced today an exclusive partnership with TheFind, the fastest growing top-tier online shopping engine. The two companies are working together to create opportunities for joint customers to join TheFind Direct, a risk-free program that enables retailers to expand their comparison shopping reach.

“We signed on with TheFind Direct and within months TheFind became one of our top-converting shopping engines”

“With its integration of Facebook’s open graph and use of mobile apps to link the online and offline experience, TheFind has become a leading player in the next generation of search engines,” said ChannelAdvisor CEO Scot Wingo. “Our customers have always found success on TheFind, and TheFind Direct will only serve to increase the selection on TheFind as well as diversify the offering, leading to an improved experience for both retailers and shoppers.”

At the core of the agreement is TheFind Direct, a cost-per-acquisition (CPA) program that charges ChannelAdvisor sellers only when traffic from TheFind converts into a purchase.

“We signed on with TheFind Direct and within months TheFind became one of our top-converting shopping engines,” said Brian Schwank, director of marketing for Rock Bottom Golf, a ChannelAdvisor customer. “With the CPA business model and our seller fees waived, joining TheFind Direct was a great way for us to expand our comparison shopping program without any risk.”

“We send a lot of traffic to ChannelAdvisor customers already and the easiest way to send them even more and better traffic is to partner with ChannelAdvisor on TheFind Direct,” said Siva Kumar, CEO of TheFind. “Delivering great shopping search results depends upon having fresh and complete data, and ChannelAdvisor truly excels at optimizing their customers’ product feeds to do exactly that, and working together through TheFind Direct, we can very quickly deliver superior value to shoppers and merchants alike.”

Retailers interested in further information are encouraged to contact their ChannelAdvisor account manager.

About ChannelAdvisor

ChannelAdvisor is a software provider that helps retailers worldwide sell more online through channels such as marketplaces, paid search and comparison shopping, and with webstores and rich media solutions. Widely respected as the essential partner in e-commerce, ChannelAdvisor is the only company that calms the chaos of online selling by enabling retailers to submit one inventory feed to the ChannelAdvisor platform where it is translated to fit the specifications of e-commerce channels and distributed accordingly. The robust reporting capabilities of the ChannelAdvisor platform allow retailers to track their progress across e-commerce channels to make immediately actionable, performance-based decisions. For retailers of all levels of expertise, ChannelAdvisor’s industry-certified services team offers expert advice and custom service packages. In 2009, ChannelAdvisor managed $2.6 billion in gross merchandise value (GMV) on behalf of retailers of all sizes including Saks, Dell, Brookstone, GSI Commerce and 127 of the Internet Retailer Top 500 online retailers. ChannelAdvisor is headquartered in Research Triangle Park, NC, with offices in Atlanta, New York, Seattle, Australia, Ireland, Germany and the United Kingdom. For further information, visit www.channeladvisor.com.

About TheFind

TheFind makes it easy to shop, for anything you like, in every store, all at once. Made possible by patented search and discovery technology, TheFind is the fastest growing top-tier shopping engine and the one people return to more than any other according to comScore’s measure of comparison shopping engines. Ranked number 12 on the 2010 Inc. 500 list of fastest growing private companies, TheFind was founded in 2005, has been profitable since late 2008, and was venture funded by Bain Capital Ventures, Lightspeed Venture Partners and Redpoint Ventures. TheFind is a San Francisco and Silicon Valley-based company.