ChinaNet Online Announces Official Launch of SME Intelligent Marketing Data Service System CloudX
June 06 2016 - 8:00AM
ChinaNet Online Holdings, Inc. (NASDAQ:CNET) ("ChinaNet" or the
"Company"), a leading B2B (business to business) Internet
technology company providing online-to-offline (O2O) sales channel
expansion, business strategies and marketing solutions for small
and medium-sized enterprises (SMEs) by utilizing data analysis and
cloud computing technologies in the People's Republic of China,
today announced the official launch of its new SME Intelligent
Marketing Data Services System, CloudX (the “System” or “CloudX”)
an eco-system containing brand promotion, store management,
marketing services and membership services.
The new System enables ChinaNet to now manage
and collect data from on-line business development to offline sales
channels. The System is based on CloudX technology and consists of
three components: a store management system including a stock and
sales system and intelligent Point-of-Sale (POS) system, and a
multi-functional app with an online retail store.
The store management system collects and
analyzes product sale numbers from stores in real time and is
analyzed by ChinaNet for suggested adjustments to product stock and
inventory to improve customer sales. By utilizing CloudX in stores,
ChinaNet can provide owners with sales analysis reports, including
each single item’s sales amount and period of time, improving
management efficiency and store credibility. The System can be
installed on either PC or mobile terminals.
The app, available for Android or IOS, contains
brand promotion and payment solutions utilizing We-chat payment or
Alipay. Customers using the app can sign up for membership and
obtain points for downloading the app, and use them in the online
retail store for products from ChinaNet clients. ChinaNet can
conduct precise marketing and promotion through the mobile channels
according to analysis of member customers’ habits and
preferences.
ChinaNet will charge 1500 to 2000 RMB in advance
as an annual fee for the System. Brand or store owners acquire
points for the annual fee and can also pay for an extra amount of
points if they would like to set up rewards for customers to
increase loyalty.
Mr. Handong Cheng, Chairman and CEO of ChinaNet
commented, “We’ve been increasingly focusing on serving SMEs with
brand promotion, and we have built up strong relationships with
many clients in China, especially in consumption and services
industries. It has been a great challenge for our clients when they
have multiple stores, but their management capabilities and
efficiencies have not kept pace. Smartphone and internet technology
growth in China has created new opportunities for our clients.
After one year of development, improvements and testing, the System
is officially completed and launched today which is a great
milestone for our company. We can now provide a closed eco-system
from brand promotion to store management to our customers.”
Mr. Cheng continued, “In the future, we will
diversify the system with social communication functions to
increase interactivity among the brands, stores and customers. At
present we charge an annual fee from our clients and we are
considering sales sharing models in the next few years. Our
management believes that this system will create additional revenue
and value for ChinaNet and our shareholders.”
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading digital
B2B (business to business) Internet technology company focusing on
providing O2O sales channel expansion service for small and
medium-sized enterprises (SMEs) and entrepreneurial management and
networking service for entrepreneurs in China. The Company, through
certain contractual arrangements with operating companies in the
PRC, provides Internet advertising and other services for Chinese
SMEs via its portal websites, 28.com, Liansuo.com and Chuangye.com.
Website: http://www.chinanet-online.com.
Safe Harbor
This release contains certain "forward-looking statements"
relating to the business of ChinaNet Online Holdings, Inc., which
can be identified by the use of forward-looking terminology such as
"believes," "expects," "anticipates," "estimates" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties, including business uncertainties
relating to government regulation of our industry, market demand,
reliance on key personnel, future capital requirements, competition
in general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and
uncertainties are or will be described in greater detail in our
filings with the Securities and Exchange Commission. These
forward-looking statements are based on ChinaNet's current
expectations and beliefs concerning future developments and their
potential effects on the Company. There can be no assurance that
future developments affecting ChinaNet will be those anticipated by
ChinaNet. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond the control of the
Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by such forward-looking statements. ChinaNet undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
Contact:
MZ North America
Ted Haberfield, President
Direct: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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