buySAFE blog

So who is bigger, ChannelAdvisor or Marketworks?

I was looking at Marketworks’ press release today as covered in Ina Steiner’s AuctionBytes and I was struck by one statistics they mentioned. They processed $15 million in GMS on the first Monday after Thanksgiving (link to press release). That’s huge! A big congrats to the team at Marketworks!

Given that ChannelAdvisor had previously issued a press release in December stating they had just processed a record $10 million in GMS on a single day, I was surprised Marketworks had seen just a great day. It looks like Marketworks may hold the single day record, but I believe CA holds the title for total customer GMS (CA says they now do $100 million a month and Marketworks says they did $200 million in Q4 which equates to about $67 million a month in Q4).

Regardless, both companies appear to have had a great Q4 and they both have great solutions for online merchants. Congrats to them both!

buySAFE News Update

I’ve been a little remiss on keeping up the buySAFE blog as of late.  That said, there have been lots of great things happening at buySAFE that are important to know about.  The top three are:

1) buySAFE was covered in a ComparsonsEngines.com article entitled “The buySAFE Revolution – 2007”.  Brian was quite perceptive in connecting the dots to see where buySAFE is headed.  If you haven’t read it yet, you should.

2) buySAFE partners with Cart32.  We added another great distribution partner and we’ve been really impressed with the team at Cart32. There was also a great article about them eCommerce-guide.com in recently.  An announcement on launch will be coming soon…
3) buySAFE closed another round of financing. We’re continuing to grow quickly and invest in our business. We expect 2007 to be a big year for buySAFE.

More to come!