IRVINE, Calif., Dec 10, 2008 (BUSINESS WIRE) --
In such a tight economy, retailers compete best with razor-sharp focus:
lead with the strong suit and run as efficiently as possible. But how
does a retailer play to his strengths if he's not even sure what they
are?
That was the question facing Clint Brauer, general manager of CyberRead (
http://www.CyberRead.com),
an online retailer that sells ebooks
directly to consumers and as a distributor to retailers like Amazon.com
and others. And that was the business challenge that led him to Analytix
On Demand(TM) (
http://www.AnalytixOnDemand.com),
which provides enterprise-class business
intelligence at a fraction of the cost.
With more than 70,000 titles offered in several different ebook
formats for hundreds of different reading devices - not to mention the
typical product subdivisions of genre and author - Brauer had a lot of
data to sift through just to get a good read on the basics of
CyberRead's business performance.
Overwhelmed with data from multiple sources about sales figures,
distribution channels, royalty payments and more, Brauer said he had
almost no insight into which authors, formats and categories were
selling best.
"I need to know what's selling and what's not, and what parts of the
business are growing so I can focus my resources there," said Brauer.
"But I also need to spend my time running the business - not running
calculations. I was doing some analysis manually, and had several
distinct systems each crunching different sets of numbers - but nothing
really worked together.
"But now Analytix On Demand automatically analyzes data from every area
of the business, consolidating information from various sources - like
Google Analytics - into one dashboard.
Now I can see what products are selling best and which distribution
channels are most effective. The insight helped me see that the
publishing side of CyberRead - which I hadn't been paying much attention
to - was actually the fastest-growing segment of the business. I was
leaving a lot of money on the table by not realizing the relative value
of one distribution channel over the others. Now I use Analytix On
Demand to identify what's important."
Brauer said trended historical data gathered and analyzed by Analytix On
Demand helped him decide which ebook
formats were most valuable to the business. He was able to cut the
formats he offered from 10 down to the four most profitable.
Analytix On Demand connects the dots across an entire organization to
give companies the central truth about business performance. Its service
offers fast and affordable business
intelligence, helping companies of any size - from SMBs to the
enterprise - see what's really going on throughout an organization and
how each business area affects everything else. This insight helps
clients act with confidence, save time, reduce costs and boost profits.
"Our mission is to help people solve business problems, not to deliver
data for data's sake," said Vik Torpunuri, Analytix On Demand founder
and CEO. "We start with a massive amount of pre-built reports and dashboards,
but we also make it easy for clients to build customized reports to suit
their needs. We want to liberate those who don't have the time, energy
or resources to make sense of all the disparate data, and quickly and
easily give them actionable business insight."
'What Used to Take Two Days Now Takes Just Two Hours.'
Calculating royalty payments used to take someone two to three days a
month, according to Brauer. Now he's done in just a few hours. He
doesn't need to hire or contract someone else to run the numbers -- he
can easily do it himself.
He said soon CyberRead's 100+ publishers will be able to log into their
accounts and see how all of their products are selling across all
channels.
"We've gained all of this productivity without hiring more staff - an
especially important bonus during an economic downturn," Brauer said.
"Now it's easy for us to know the truth about what's happening across
the business. We're able to be more efficient and strategic, and we're
starting to see an increase in sales as a result."
About CyberRead
CyberRead (
www.CyberRead.com)
is a socially responsible ebook
retailer providing outstanding customer support for today's book lovers.
The company's 70,000 ebooks
are available for Microsoft Word, Microsoft Reader, Adobe Acrobat and
Mobipocket. The formats are compatible with hundreds of devices,
including PC, Blackberry, Bookeen, CyBook, Pocket PC and more. Owned and
operated by a passionate reader, CyberRead stays true to those who
appreciate the written word. CyberRead is based in Marina del Rey, Calif.
About Analytix On Demand
Business smarts, simplicity, speed - at a fraction of the cost.
Analytix On Demand(TM) (
www.AnalytixOnDemand.com)
connects the dots across an entire organization to give companies
the central truth about business performance. Its service offers fast
and affordable business
intelligence (SaaS), helping companies of any size - from SMBs to
enterprises - see what's really going on throughout an organization and
how each business area affects everything else. This insight helps
clients act with confidence, save time, reduce costs and boost profits.
Clients start seeing a return on investment in just 30 days or less. The
company's service suite includes solutions designed expressly for
healthcare and retail. Analytix On Demand(TM) is based in Irvine, Calif.,
and has offices in New York, Houston and San Jose.
SOURCE: Analytix On Demand
Edge Communications, Inc.
Ken Greenberg, 818-990-5001
ken@edgecommunicationsinc.com
Copyright Business Wire 2008
