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More Growth, New Partnerships Mark 2010 for Doba
Innovative Utah-based software company notches its best sales month ever
OREM, Utah - The slow economic recovery did not prevent Doba (www.Doba.com)--the Orem software company that builds and maintains Web-based drop shipping solutions for e-commerce retailers, manufacturers and wholesale suppliers--from increasing its sales volume 17.5 percent and enjoying the biggest month in its nine-year history.
"Doba's 2010 Gross Merchandise Volume (GMV) grew 17.5 percent over 2009," said Chief Executive Officer Blaine Nielsen, using the term online retailers employ to measure total sales value for merchandise sold through a particular web outlet over a certain time frame. "December 2010 was our largest GMV month ever, by far." In fact, Doba's Nov. 1 to Dec. 31. 2010 GMV grew 64.2 percent over the same time frame a year ago, while growth in e-commerce as a whole was 12 percent per year, according to Coremetrics, a web analytics unit of IBM.
Doba also added 27 new business partners in 2010, including PinnacleCart, Volusion, and Marketecture. Doba is well known in the online retail industry for its partnerships with leading technology companies that provide applications and services to support online retailers. These companies often recommend Doba to their merchant customers as a source for a consistent supply of drop shipped products to sell online.
To encourage similar gains in the future, Doba announced two significant staff changes in 2010. Ben Reece, who has been with the company since 2004, was promoted from director of engineering to vice president of technology, and Ryan Zirker was promoted from director of operations to vice president of operations. Zirker, who has been with Doba since 2006, previously worked at PricewaterhouseCoopers LLP.
Doba's Web-based Drop Shipping Platform automates the e-commerce supply chain through virtual inventory management and direct merchandise fulfillment. Recently ranked as one of the nation's fastest-growing and most innovative companies--by indices like the Inc. 500 (#23), Deloitte Technology Fast 500 (#6), and the MountainWest Capital Network (#1)--Doba connects retail merchants to the virtual inventories of millions of products from hundreds of wholesale suppliers. Now, more than 20,000 retailers use Doba's award-winning software solutions to transact millions of dollars of e-commerce on an annual basis. For more information, visit www.Doba.com.