Thank you for your patience!

This marks the third instance in which Terapeak data has been used by the Journal. Last year WSJ called upon Advanced for data support on a Tiger Woods article, as well as in 2009 when it initially asked for input regarding a high-end Dallas clothing store selling its excess merchandise on eBay. Advanced is proud to be a trusted source for accurate and timely pricing information on items sold in secondary markets. Click the above links to view the articles, and consider the limitless applications for Advanced’s data and APIs and how they can be put to work in your business.

Advanced board chair Mr. Ian Stewart, QC, announced this investment today on behalf of the board of directors of the company. “This investment by Georgian Partners represents a significant recognition by the investment community in the future value of our business,” commented Mr. Stewart. “Also, we welcome the addition of two representatives of Georgian Partners to our board of directors.”

“We support Advanced’s vision of providing e-commerce merchants with valuable insights into real-time online product popularity, sales and pricing trends along with advanced sales reporting, proven to help increase GMV,” said Mr. Simon Chong, Managing Partner of Georgian Partners. “We have been impressed by the global adoption of Terapeak solutions as well as the company’s demonstrated ability to aggregate massive amounts of data in real time and deliver this as an SaaS solution to over 450,000 merchants.”

“AERS chose to work with Georgian Partners because of their specific market knowledge of big data and applied analytics as well as their team of operational domain experts from the enterprise software and information management space who can support the management team in accelerating growth,” said Fred Speckeen, CEO of AERS.  “The funding and guidance from Georgian Partners will allow us to expand our product offering and truly establish ourselves as a global leader in real-time ecommerce analytics.  Our goal is to become the single source for aggregated, real-time, on-demand data that represents a large percentage of all online commerce. Together we are bringing what were formerly ‘big company’ data analytics and market research to all ecommerce merchants.”

About Advanced

Advanced is a leader in ecommerce market research and payment analytics and is the sole licensor of eBay data globally. The company provides Terapeak-branded SaaS solutions to e-commerce merchants around the world.  Terapeak products aggregate over 20% of all online commerce sales data to help merchants make faster, more-profitable business decisions based on real-time market trends, pricing, and transaction data.

www.terapeak.com
www.analytics.terapeak.com
www.researchadvanced.ca

About Georgian Partners

Georgian Partners is a growth equity firm investing in expansion and later stage information intensive software and information aggregation companies. Georgian Partners leverages its capital and its team of strong global operators to support the growth objectives of its investments. Georgian Partners is based in Toronto, Ontario. For more information on Georgian Partners, go to www.georgianpartners.com.

For more information:

Tim Dubroy
Director of Marketing and Communications
AERS and Terapeak
778-224-1002
tim@aers.ca

It is with great sadness that we announce the passing of Mr. David McMillan , a Board Member of this Company since June 2005. Mr. McMillan retired as Chief Executive Officer to Island Farms Dairies Ltd., a position he held for 14 years. He attended the University of British Columbia and accumulated over 30 years experience as a senior executive in organization and management in the packaged food industry and as the Chief Executive Officer of a number of significant Canadian companies including Associated Biscuits of America and William Nielson Limited. Mr. McMillan served on the Board of Jace Holdings Limited doing business as Thrifty Foods, the largest food retailer on Vancouver Island, B.C. He also served on the Boards of a number of cultural and charitable organizations in Victoria. With his passion and dedication, he was a moving force to helping this Company to where we are today.

Terapeak is like the Billboard of eBay thanks to its Hot Media search feature. Above is this month’s Top 5 Music list which you may find either outrageous or validating. That’s the beauty of this list, it’s based entirely on pure, unbridled sales without dwelling for a moment on what some hipster might consider “good.”

Rounding out the number five spot is arguably the most talented individual ever to wear a lampshade for a hat, the one and only Lady Gaga. She probably should have gone on Dr. Phil long ago but she sure can belt out a tune.

In fourth, Susan Boyle is the 49 year old contest winner who dreamed big and put on a jaw-dropping performance for British television. She sang her way to stardom without the typical sexuality angle played by most. Seriously, like none whatsoever.

Kidz Bop Kids sing their little hearts out in 3^rd, and if that surprises you keep in mind that child singers have had a firm place in our world since The Jackson 5.

The boys from Sgt. Pepper’s are staying legendary in the number two spot and it should also be noted that they never drop below the top five. So if you ever swing by and don’t see The Beatles on our list you should look up – the sky might be falling.

Finally at number one is the incorrigible Eminem. You may find his subject matter to be in the absolute poorest of taste, but you can’t deny his success.

Retail store sales are one thing, but eBay is the biggest, broadest online marketplace on the planet and Terapeak is the score keeper. Items that are in high demand here are truly selling above the rest.

Tera-Speak: We want to know your Top 5 artists, leave a comment with your list!

Android has finally conquered the smartphone market in the United States. Smartphones running Google’s Android operating system accounted for one-third of all smartphones purchased in the April-June period. Terapeak Market Research confirms this and drills deeper into the smartphone market. The average eBay sale price for an Android phone is $305 dollars and the rate of successful sales is 70%. Compare this to the average price of a Blackberry device, $103 dollars with a successful sales rate of only 33.5%, and it’s easy to see how Android has edged its way to the top. The graph below compares the sales trends of the two brands over a 90 day period.

Terapeak can also provide insight into consumer interest. By examining the top searches on eBay we find that the iPhone is the third most-popular search overall. Despite this high ranking, Apple still lags behind Android and Blackberry in phone sales. But with eBay and every brick and mortar electronics retailer selling premium-priced iPhone accessories by the truckload, and the booming app store, it’s clear that Apple is interested in more than just selling phones.

A quick glance at Terapeak Market Research could have allowed one to predict this news well before it was reported. The chart above lists the top four searches on eBay.com. Apple products occupy three of these coveted spaces and the iPhone holds strong in third amid controversy.

In the midst of what has been called “Antenna-gate,” an antenna malfunction with iPhone 4, Terapeak provides a clear indication that interest in the iPhone isn’t slowing down. As eBay is an ideal sample market to draw insight from, it’s easy to predict a company’s revenues when they hold rank in the top search positions.

Advanced is fortunate to have such a seasoned leader and businessperson joining its ranks. Colin is the former Managing Partner of Applied Human Capital Inc., and there he became versed in strategic planning, organizational design, and the development of high performance leadership teams. Colin has long been an active angel investor and is the former president of the Entrepreneur Organization’s Victoria chapter. Colin’s accomplishments have also earned him acclaim as a finalist for the Ernst & Young Emerging Entrepreneur of the Year award. Further recognition came to How when he was listed in the Top 40 Under 40 twice for Vancouver Island and British Columbia. Colin holds a Master’s Degree in Leadership and Training from Royal Roads University.

In addition to his professional achievements, How donates his time as the Executive Director of Raft Cove Charitable Society, an organization devoted to finding a cure for childhood cancer.

Advanced welcomes Colin – he is a decorated leader whose experiences will play a pivotal role in the company’s continued success.

Helping Online Retailers Find the Value in their Transaction Data – Terapeak for PayPal

VICTORIA, BC, June 8 /CNW/ – Advanced Ecommerce Research Systems (Advanced) today announced the expansion of the scope of its data driven market research tools beyond their popular eBay market research tool associated with the brand Terapeak. An eBay Certified Provider, Terapeak software provides users with detailed reports on market activity and items that are high demand. Advanced has now turned their attention to the millions of transactions that take place on PayPal every day.

Recognizing the need for online sellers to better understand their transactional data – and therefore their buying audience, effect of marketing and seasonal changes – Advanced worked with PayPal to take raw payment transaction data and design Terapeak for PayPal. The innovative new tools leverage Advanced’s existing understanding of very large databases to provide a customizable, in-depth view of account activity.

Key to this new product is the opportunity for the seller to quickly, frequently and completely visualize their business. Just as the Terapeak for eBay tool facilitates a thorough understanding of the eBay marketplace, the PayPal related application brings users a complete view of their own markets, and makes sense out of the sales data that is generated by payment accounts. Terapeak for PayPal allows online sellers to rapidly monitor sales trends, customer location, and set sales goals that can be easily reviewed every quarter. The first level of service is available for free.

“We’re delighted with the opportunity to apply our understanding of very large databases to another high-traffic area in ecommerce,” says Advanced/Terapeak CEO Fred Speckeen. “This new toolset allows sellers to put a microscope over their accounts and gain a thorough understanding of their customers. We’ve created a bookkeeper that never sleeps. When used in combination with our Terapeak for eBay research, sellers can further increase the efficiency of their online stores.”

About Advanced Ecommerce Research Systems:

Advanced Ecommerce Research Systems (Advanced) specializes in delivering ecommerce-based analytics and insight to support the investment, product management, marketing, and advertising decisions of its thousands of clients. Advanced does this based on its core competencies in storing and mining large ecommerce datasets. The company was founded in 2004. For more information on Terapeak for eBay and Terapeak for PayPal visit www.terapeak.com.

For further information: www.terapeak.com

Last week James Verrinder from Research Magazine published an update on the project. Visit the article at Research.com.