eCom eCom Uses Own Tools To Increase USA Performance Products Sales 50-Fold
Market Wire, July, 2000
eCom eCom.com, Inc. (OTC/BB: ECEC) is not afraid to be its own guinea pig. Its business philosophy targets businesses seeking e-commerce and financial consulting assistance, and it has tested that philosophy on its subsidiary, USA Performance Products, Inc. with significant results. USA Performance Products is a leading supplier to the sport of paintball and sales of its products have grown from $10,000 a month to more than $500,000 a month in less than a year.
"We have put our money where our mouth is, using our own Internet venture resources and tools on our own company, and our efforts have been rewarded," said eCom eCom.com President David J. Panaia. "At USA Performance Products, the majority of sales have been through the company's e-commerce program, and eCom eCom.com believes it can use that formula to assist small and home-based companies seeking to create an online presence. Assisting these small and home-based businesses is a path few have effectively followed."
eCom eCom.com is able to do more than just help a company create an online presence, its available Internet venture resources can be directed toward assisting companies in the process of becoming publicly traded, advising on corporate structuring and methods of debt and equity financing and locating strategic partners. "We'll assist these small and home-based companies throughout the process of becoming public. At a point when other companies traditionally would kiss them good-bye, we stand with them," said Panaia. "The big companies can take care of themselves, we try to give the small guys the assistance they need to succeed."
Business-to-business transactions over the Internet are expected to be worth $6 trillion by 2005, according to a study done by Jupiter Communications Inc. Currently, Internet B2B trade represents only 3 percent of total B2B trade in the U.S., accounting for $311 billion.
"Bricks and mortar businesses seemingly have unlimited potential when they expand on to the Internet. eCom eCom.com has developed Internet venture tools designed to help small and home-based companies unlock that potential and make the most of their Internet presence," said Panaia. "We offer services ranging from do-it-yourself to we do everything for you."
"We've seen how successful our Internet venture tools have been at USA Performance Products and we don't intend to stop there," said Charles W. Hansen III, eCom eCom.com's chief operating officer. "Our next test will be with an innovative start-up business, eWebPEO.com, Inc., a company involved in the professional employer products and services industry."
"Our approach is a hybrid of traditional marketing concepts combined with our proprietary package of Internet venture resources," said Hansen. "The synergy is awesome."
For more information, contact David J. Panaia, (561) 622-4395, or visit eCom eCom.com's site at www.ecomecom.com.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from those discussed in such forward-looking statements.
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