Jena, Germany, May 13, 2014—Music Store confirms the value of its cooperation with Intershop: For eight years now, the world’s fifth largest music retailer has trusted in the technology and expertise of Intershop—the leading independent provider of omni-channel commerce solutions—to implement its online strategy. Now it is time for an upgrade, so Music Store is switching to Intershop 7.4, the current platform version. Intershop implementation partner dotSource is supporting Music Store in this migration project.
The high scalability and outstanding performance of the new solution is essential for Music Store's ambitious growth trajectory. Not only does the company run Europe's largest music store, generating annual revenues of 110 million euros, it has also operated a fully automated high-bay warehouse since 2011. There, in a space spanning 25,000 m2, it stores products to be shipped worldwide. Together with the Intershop platform, this represents the heart of a state-of-the-art omni-channel strategy in which the online store and the world of music housed in the warehouse work together to yield significant profits.
Intershop 7.4 also affords the music retailer the advantage of comprehensive functions for marketing and merchandising that can be used to design customized and highly targeted promotions and campaigns. This makes it easy for Music Store to offer its customers individualized products and, by combining these with attractive pricing, to reinforce its position in the European market.
"After many months of exhaustively evaluating all shop systems available on the market, we decided to go for Intershop once again, because the solution meets our specific requirements perfectly," emphasizes Michael Sauer, owner and CEO of Music Store A. Sauer GmbH. "Intershop has formed the basis for the consistent expansion of our online store in the past. The new shop platform will allow us to respond even more flexibly to individual customer needs in the future and to press on with our growth strategy, both in Germany and abroad."
Music Store acquired music dealer DV 247 a year ago. Now, Intershop 7's multi-client capability allows DV 247’s website to be efficiently controlled from the same platform as the new online shop of Music Store. Outwardly, however, all British customers see is the familiar brand identity of DV 247.
"The many successful years of collaboration with Music Store prove that Intershop solutions are attractive for ambitious mid-sized enterprises as well," adds Jochen Moll, CEO of Intershop Communications AG. "Our highly scalable commerce platform is designed to adapt easily and flexibly to the business growth of our customers—whether that means significantly expanding the product range, capturing new markets, or adding new sales channels."
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.