Efficient Frontier Launches Paid Search Solution for Small- to Midsized Marketers

Efficient Frontier, the leading provider of search engine marketing (SEM) solutions, today announced the release of Efficient Frontier Express, a Web-based application for small- to midsized online marketers to better manage their paid search campaigns on Google and Yahoo!.

“We have received countless inquiries about our paid search solutions from small- to midsized advertisers,” said Ellen Siminoff, President and CEO of Efficient Frontier. “Express is in response to that demand, providing a sophisticated yet very easy-to-use tool for advertisers to manage the complexity of the search engines and optimize their campaigns.”

Unlike other managed services that merely offer analytical tools and leave the decision-making process up to the user, Express provides an automated solution that selects and automatically bids on the optimal keyword prices for the client. Built on Efficient Frontier’s patented, data-driven portfolio technology based on Wall Street analytics, the application uses advanced statistical decision-making processes to determine the most effective keyword bids relative to the client’s budget spend and business metrics.

Express’ user-friendly user interface allows advertisers to set up, launch, review and adjust their campaigns easily. During the setup phase, advertisers define their key marketing metrics […] and daily budget spend criteria. They then place a conversion tracking tag […] for each of their metrics on the relevant pages of their site for ongoing measurement. Express collects conversion data for two weeks to gather historical performance. The system takes the data and runs forecasts/models to select the optimal bids based on the advertiser’s campaign goals and budget spend. Advertisers can track and measure their keyword campaigns from a single executive dashboard and analyze performance against their specified key metrics.

The beta version of Express was launched in August 2005. More than 20 advertisers signed up during this period, including DollarDays, an online wholesaler for small-business owners to order goods ranging from decorative items and clothing to personal care products and greeting cards.

“We manage thousands of keywords and were looking for a solution that could help us better manage our campaigns,” said Marc Joseph, President and CEO of DollarDays. “Express has been the perfect solution, not only making it easier because of the automation functionality, but also increasing our ROI.”

Original article here: 
https://www.digitalcommerce360.com/2006/04/25/efficient-frontier-launches-paid-search-solution-for-small-to-mi/

DollarDays Relaunches with New Search, Merchandising Features

DollarDays.com, a website that wholesales general merchandise to 425,000 small, independent retailers, relaunched today with redesigned navigation and site search features. DollarDays has doubled its number of registered users in the past year, [the company’s] president, Marc Joseph, tells InternetRetailer.com.

DollarDays sells about 30,000 general-merchandise products, including toys, household décor, apparel, electronics and seasonal merchandise. The redesigned site uses site search technology from Endeca Technologies Inc. integrated with an in-house content management system to improve the way users can search and navigate for products, Joseph says.

Each merchandise page of the site presents several images of products with multiple ways to drill down into categories and subcategories, including price, free-shipping offers, new products, closeouts and brands. Each page displays a navigation bar that lets shoppers click into these and other categories, automatically changing all the product images on the page to reflect the chosen category.

Joseph says DollarDays’ sales are divided into thirds by closeout products, seasonal products and basic items.

Original article here: 
https://www.digitalcommerce360.com/2005/03/08/dollardays-com-relaunches-with-new-search-and-merchandising-feat/

Online Wholesaler DollarDays Reports 1,000 New Customers a Day

Designed to help small merchants compete with large retailers, online wholesaler DollarDays has gained an average of 1,000 new customers a day, many of them one- or two-person operations, over the past year, the company says.

DollarDays, based in Phoenix, also says its 2004 sales reached a record growth rate of 200% over 2003. The privately held company does not release sales figures in dollar terms.

“This has been an exciting year, and we look forward to beating our own records in 2005,” says Marc Joseph, founder and COO.

In addition to traffic from mom-and-pop merchants, DollarDays is also building its business with entrepreneurs who are establishing new dollar-store locations and with larger retailers who are establishing dollar-store departments within existing stores, the company says.

Original article here: 
https://www.digitalcommerce360.com/2005/01/04/online-wholesaler-dollardays-reports-1-000-new-customers-a-day/

DollarDays Reworks Inventory to Land High in Search Results

When DollarDays noticed a run on candles last week, the wholesaler quickly created a new candles section with dozens of subcategories. Fast response to selling trends keeps its name ranking high in Internet search results and its sales growing, [the company’s] president, Marc Joseph, tells InternetRetailer.com. “Expanding our inventory is part of our marketing strategy,” he says. “We rate higher with Internet search engines because we carry more than 25,000 products.”

Indeed, the wholesaler constantly modifies its online inventory, adding about 300 items a day while removing about 150. With sales to mom-and-pop retailers throughout the [United States], it dedicates a full-time staff person to constantly monitor orders to check which products are hot and which are not, and adjusts inventory accordingly. “The beauty of the Internet is that we can react to trends immediately,” Joseph says.

He adds that DollarDays has not resorted to paid search or done much to optimize its site for Internet search engines.

While helping to keep its name appearing in Internet search results, the strategy also lets DollarDays reap the benefit of extensive word of mouth throughout the small-retail community, Joseph says. “For marketing purposes, word of mouth on the Internet is powerful,” he says.

Most customers of DollarDays are small, independent shop owners, including gift shops and general merchandisers, who generally do not compete against one another but against large retail chains like Walmart. “Many of them know each other, so when they find the right products at the right price on DollarDays, they let each other know about it,” Joseph says. “Everybody is up against the chains, so they’re sharing the information in Internet chatrooms and bulletin boards.”

DollarDays, which conducts all of its sales over the web, does 80% of business with small-retail stores, the remainder with flea markets and non-profit organizations that operate fundraisers.

Original article here: 
https://www.digitalcommerce360.com/2003/09/10/dollardays-com-reworks-inventory-to-land-high-in-search-results/

DollarDays’ August Sales up 350% from One Year Ago

Riding growth among independent small retailers, August sales at general merchandise wholesaler DollarDays more than quadrupled sales of August 2002, the company’s president, Marc Joseph, tells InternetRetailer.com.

Joseph attributes the growth to the ongoing expansion of the number of small, independent retailers and to his website’s success in becoming better known through Internet searches. DollarDays carries more than 25,000 products, helping it to produce good results in Internet searches, he says.

DollarDays’ volume has grown 30% [per] year in both dollar value and number of transactions since launching in 1998, Joseph says. The company, which sells to retailers only through the web, caters to many small retailers who prefer to order supplies online late at night after regular store hours, Joseph says.

Original article here: 
https://www.digitalcommerce360.com/2003/09/09/dollardays-com-august-sales-up-350-over-year-ago/