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February 2001

In This Issue:

-Spotlight: Paymentech lowers prices for Yahoo! Store merchant accounts.
-New Feature: Yahoo! Address Book integration makes online shopping easier.
-Survey Update: Preliminary statistics from the Yahoo! commerce customer survey.
-Yahoo! Premium Services: Use Business Express to suggest your web site.
-E-commerce on the Web: Links to sites, features, and stories.


Spotlight: Paymentech lowers prices for Yahoo! Store merchant accounts.

We're happy to announce a great new deal for credit card processing from Paymentech, the second largest credit card processor in the U.S. and a leader in online transaction processing. We've negotiated special pricing for Yahoo! Store merchant accounts. From now on, set-up is free create a paperless merchant account quickly and easily. Monthly fees have been reduced to only $22.95 per month, with an additional $0.20 transaction fee (and a $15 per month minimum transaction fee for each merchant account). Paymentech offers free web site statement reviews and 24/7 customer support. Current Paymentech customers are also eligible for these new, lower rates.

Here's what you need to know:

If you now have a Paymentech merchant account for your Yahoo! Store and you'd like to take advantage of this great deal, please send email to ecommerce@paymentech.com. Be sure to include your name, the name of your store, and a contact telephone number.

If Paymentech is not your current transaction service provider and you'd like convert your Yahoo! Store merchant account to take advantage of Paymentech's offer, simply go to your Store Manager, select "pay methods," and then complete Paymentech's online application. It usually takes 1-3 business days to approve and set up your account. If you have questions or need assistance, call Paymentech directly at 1-888-698-2262 a representative will be glad to walk you through the sign-up process.

Learn more about getting started with a Paymentech merchant Account.

New Feature: Yahoo! Address Book integration makes online shopping easier.

We've put Yahoo! Address Book to work within Yahoo! Store, to make it quicker and more convenient for your customers to place orders. Yahoo! Address Book is an online contact manager that works seamlessly with Yahoo! Mail. Now, it also works with Yahoo! Store shipping information and order confirmation pages. Customers simply select a recipient's address from their Yahoo! Address Book and insert it into the store shipping form with a couple of clicks. No typing, no cutting, no pasting required.

Or, if your customer enters new information on the shipping page that isn't already listed in their Yahoo! Address Book, they can save it with one easy click. No need to type it twice. Then, the next time they place an order, the address is available at the click of a mouse.

We're always looking for new ways to harness the power of Yahoo! to streamline and improve your customer's shopping experience.

Learn more about Yahoo! Address Book integration.

Survey Update: Preliminary statistics from the Yahoo! commerce customer survey.

Last month we told you about a telephone survey being to help Yahoo! understand the needs and concerns of customers like you, who use commerce services such as Yahoo! Store and Yahoo! Auctions. We thought you’d be interested in a preliminary look at the survey data:

--89 respondents classified themselves as business users, 12 considered themselves hobbyists.

--77% of respondents described their Yahoo! Store as a full-time business.

--17% selected the "flowers, gifts, and occasions" category to describe their online merchandise.

--30% of the Yahoo! Store merchants indicated that they also use the Yahoo! Auctions platform.

This is a very quick snapshot of the 101 Yahoo! Store merchants respondents. Thanks again to everyone who participated. We plan to use your input to build better products and services for doing business online.

Yahoo! Premium Services: Use Business Express to suggest your web site.

Is your store listed in Yahoo!'s web site directory? Are you looking for a quick, easy way to submit your business web site for consideration in the directory? Then, you might want to tryYahoo! Business Express, an expedited, fee-based service for suggesting your site to the Yahoo! Directory. By signing up for Business Express, you are guaranteed that Yahoo! will review and respond to your suggestion in a timely manner.

Participation in Business Express ensures that within seven business days a member of Yahoo!'s editorial staff will look at your web site and consider it for inclusion in the directory in an appropriate "Shopping and Services" or "Business to Business" category. Please note that payment does not automatically guarantee inclusion, site placement, or site commentary.

To learn more about the process of suggesting your store to Yahoo! via Business Express, please visit: Business Express

To explore Yahoo!'s commercial web site directory, please visit: Yahoo! Business and Economy > Shopping and Services

Yahoo! Business and Economy >Business to Business

E-commerce on the Web: Links to sites, features, and stories.

Small Business: Customer Service Tips.

Here are seven customer service tips worth remembering, from the comprehensive Small Business Information site on About.com. Each tip consists of great advice for building loyalty and long-lasting relationships with customers. Separate articles cover familiar, evergreen themes: cultivating customer happiness, keeping in touch, problem-solving, retaining old customers, and empowering current customers to help you acquire new ones.

For a good example, take a look at Tip #4, "The Top 10 Ways to Get a Disgruntled/Past Customer Back in the Fold." First offer a refund, replacement, or free upgrade, then consider other innovative fixes for customer care nightmares.

You're sure to learn some new ways to keep your customers coming back.