Data Room, the company founded by three mathematicians at the University of Waterloo in Canada, was one of the first to actually move beyond the “transparent” web design that we had been used to seeing. It is an “E-Commerce” platform, which means it functions as a tool for buying and selling. The product of its founders, Tarjei Jeppesen and David Filo, is the data management system that allows companies to buy, sell, and manage their customer relationships without the need for a “mailing list”. Datasite has more information you need.
In fact, Data Room was the first Web-based application that allows interaction with third parties; the first fully compatible marketplace. A marketplace is a network of connected third parties that buyers and sellers can exchange data with, on the basis of information such as a specific item that has been purchased or sold.
The concepts behind Data Room are not new, but they were first brought to light when David Filo and Tarjei Jeppesen released the first version of their system. The rest of the organization followed, and now there are five different versions in existence.
In their initial launch, the founders wanted to take into account how each step in the company’s business model would affect the site. They therefore developed a “pay per sale” model, which combines the e-commerce element with a payment gateway. To provide the user with more options when it comes to reselling their subscription, they decided to also provide the option to sell additional tiers of data at discounted prices.
The result was a unique and innovative approach to e-commerce, giving the users an opportunity to re-frame the way they think about e-commerce, while still providing them with all the basics required for doing business online. The system allows users to control their own workflow and, in turn, to influence the flow of the entire data system.
Not only does Data Roomhave a set of integrated applications, which allow for linking directly to third party vendors, it also has a full-featured CRM (Customer Relationship Management) system, which means that the buyers and sellers of any product have their data available for review and analysis in real time. Once a purchase is made, the system automatically sends an email notification to the seller and then reports to the buyer. The benefits of this system are obvious: it saves time, while at the same time making the whole transaction process very simple.
Another wonderful feature of Data Room is the ability to deliver customer service emails via a program called “Flyer.” Customers receive their notifications right in the inbox and don’t even have to sign up to be a part of the program.
However, what sets Data Room apart from other companies is that, besides being a successful e-commerce platform, it also offers service-based data management. In other words, users can connect to the database to keep track of their orders, and then also add a button for them to contact customer service. This feature makes it easy for people to make changes and to see what’s going on.
What is more, Data Room is compatible with all kinds of sites, and it works with almost any major e-commerce site. For instance, if you’re looking for a classified ad, or an auction, or want to sell your stuff on eBay, or on a site like Craigslist, then Data Room can be used for that.
What makes Data Room, a truly unique and revolutionary product is the fact that it can act as an advertising tool for e-commerce. Think about how many times you’ve heard a DVD rental site mention that they have added the feature, or how many times you’ve watched an advertisement on television or on the radio promoting Data Room.
The power of the Data Room advertising system is that it connects you directly to every buyer and seller of products, while also allowing you to easily update all ofyour customers about any changes to your system, including all the latest features. That’s because the system features an e-commerce storefront, which makes it simple for you to send out automatic updates to your existing subscribers.
One thing to keep in mind about Data Room is that it is not only a data management system; it is also a strong and reliable e-commerce tool. As an advertising tool, it can be used for your mailing list, and for your web site.