Prophet 21 B2B Seller Opens Avenue to New Customers, Increased
Sales
Online Orders 36 Percent Larger Than Phoned-in
Credit Pacific Service Union YARDLEY, Pa.--(BUSINESS WIRE)--July 14, 2004--Medical
Specialties had the service, supplies, and staff to woo and win a
national $4 million account. But the Massachusetts-based medical
supply and equipment distributor did not have one thing the
potential customer required: a Web-based storefront through which
customers could enter orders and access account information.
"The only way the customer would commit to doing business with us
was if we had a fully live site in less than 120 days," remembers
Tom Sisti, vice president of information technology. Sisti knew he
and his staff had to act fast. He contacted Medical Specialties'
longtime technology partner - Prophet 21 - for help.
business (B2B) selling in China into the broad categories of products and services. The large product categories of B2B sales in China are
Credit First Service Union Prophet 21 offered exactly what Medical Specialties needed
through B2B Seller, a fully hosted and integrated Web-based
storefront solution that enables distributors to service existing
and prospective customers 24 hours a day, seven days a week.
Use credit agencies to get status reports on customers. Most businesses can take preventative measures to reduce the risk of late payment and bad debts. The secret is to get credit management systems up and running efficiently, understand how to manage credit and how to get paid on time. Credit checking is vital. Contrary to popular opinion sales are increased not reduced by checking credit worthiness .If you manage the credit risk futures sales will be more reliable and profit will be increased by fewer bad debts and lower borrowings.
Card Credit Mobile Service "We told Prophet 21 what we needed and that we had to get the
project underway immediately," Sisti says. "During our first
meeting, we mapped out the steps, established a timetable and began
developing the specs required to design and implement our B2B
Seller site. Prophet 21 was definitely in tune with the critical
situation and our need to get this done."
Credit card provider Barclaycard has launched a new text alert service to remind customers when their monthly payment is due.
Card Credit Discover Service "Prophet 21 understands that distributors who need Web sites
often need them quickly, so we offer a fully customizable solution,
along with the services that get their project on its way
immediately," said Chuck Boyle, Prophet 21 president and CEO. "This
helps businesses like Medical Specialties realize a return on
investment as soon as possible."
- Stolen credit card numbers and other personal information are posted for sale, either to be purchased or used in a "joint venture."
- In a joint venture, up by other members. The goods are then sold and the proceeds shared amongst the participants.
- New or unproven sellers on the credit card hacking network are often required to prove their credibility by participating in a number of dummy runs to test that both the seller and the stolen cards are genuine.
Credit Public Service Union B2B Seller Site Delivered Right on Time; Exceeds
Expectations
When a current or potential customer contacts Brandrud and asks for a quote, the contact information is entered into Prophet by a sales support or customer service employee. contact the potential customer at a specified period of time. Before Prophet, the back log of quotes from leads that never materialized would go untouched because the sales reps are onto the clients that proactively contacted them. By mining the leads that never responded to the quotes, Brandrud is going after highly qualified leads that never took the next step.
Card Credit Processing Service Thanks to everyone's hard work, Medical Specialties' B2B Seller
site was live and ready for customers on its target date. "We won
that $4 million customer and a few others who were waiting for the
ability to work with us over the Web," Sisti says. "Our B2B Seller
site paid for itself the moment it went live."
Center Credit Service Union While Medical Specialties employees understand the value of a
Web-based storefront, they also realized that people do not
automatically flock to a new Web site. So, they encouraged
employees to push new and existing customers to
www.msdonline.com
Card Credit Service Wireless Each inside and outside sales representative worked to register
dozens of customers. Those customers then went online to enter
almost $357,000 worth of orders for medical supplies during the
site's first 30 days. "Online orders represented more than 8
percent of total revenue during our first month," Sisti reveals.
"And halfway through our second month, we expected customers to
enter about 25 percent of total sales online."
Credit Security Service Union Because the B2B Seller site allowed Medical Specialties to
transfer order entry duties to end-users, employees can now sell
proactively - and offer more consultative advice. And, as more
people enter orders via the Web, the company will be able to handle
more customers with the same number of service staff.
Credit Report Service Best of all, customers shopping online can take time to browse -
which increases the average overall dollar value of total orders.
"Dollar-wise, the average online order is about 36 percent larger
than a phone-in order," Sisti says.
Blogspot Com Christian Sisti says his company's B2B Seller site was well worth the time
and money his company invested. "We do about $65 million per year,
and we've always done well against other companies our size," he
says. "It's the national competitors we've had challenges with in
the past, due to the lack of a Web based ordering platform. B2B
Seller makes us look larger and more competitive - and helps us in
our efforts to win business we may not have had a chance at
before."
Christian Counseling Credit About Prophet 21
Credit Federal Service Union Since 1967, Prophet 21 has been a leader in providing durable
goods distributors with innovative, adaptive solutions essential
for running their businesses. With more than 2,700 customers and
84,000 users conducting over $44 billion in highly complex supply
chain transactions annually, Prophet 21 is a true business partner,
helping companies of all sizes leverage technologies and maintain a
competitive advantage. Through its business technology and
services, Prophet 21 seeks to streamline customers' business
processes and reduce transaction costs to maximize profit and
growth.
Credit Monitoring Service Prophet 21 offers enterprise software solutions that provide
organizations with powerful, highly customizable applications
designed to improve customer service and maximize their return on
investment. In addition, the company offers an Internet trading
network that streamlines the commerce process between distributors,
manufacturers/suppliers, and end-users. A complete line of
professional services backs all Prophet 21 solutions.
Credit Division Service For more information about Prophet 21, please visit www.p21.com,
e-mail info@p21.com, or call 1-800-PROPHET, press 1.
Card Credit Online Service Copyright (C) 2004 Prophet 21, Inc. All rights reserved. Prophet
21 is a registered trademark of Prophet 21, Inc. All other
trademarks and registered trademarks are the property of their
respective companies.
Consumer Counseling Credit Inc Contacts
Card Credit Fleet Service
Prophet 21
Kimberly Meiser, 215-493-8900 ext. 3170
kmeiser@p21.com
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