By Andrea Chang, Los Angeles Times

June 18, 2010

When shoppers at JCPenney Co. stores can’t find what they want, sales clerks are steering them to the Internet — not at their home computers, but at new online kiosks right inside the stores.

Action sports retailer Zumiez Inc. has opened more than 200 stores over the last four years. But this year, it has scaled back its openings to focus on building its e-commerce sales.

Even Macy’s Inc. is doubling down on its dot-com. The company whose name is almost synonymous with “department store” has seen its online sales rocket more than 50% in the last two years. It recently junked its standard cash registers for 50,000 high-tech ones that can check online for items that are out of stock in the store and place orders directly for customers.

Welcome to Online Retailing 2.0. Traditional brick-and-mortar retailers once outsourced their online sales to specialty “fulfillment” companies. Today they are running their own online operations — and increasingly challenging their executive brainpower to find more sophisticated ways to compete with online-only retailers such as Amazon.com Inc.

“When you look at the big retailers, they clearly have not grown online at the same rate as Amazon has,” said Marshal Cohen, chief industry analyst at market research firm NPD Group. “The online business has been the redheaded stepchild. That’s starting to change.”

To be sure, online revenue still accounts for a small percentage of total retail sales. Although online sales totaled $134 billion last year, the National Retail Federation estimates that’s only about 7% of all retail sales.

But growth has been rapid, with online sales soaring nearly 400% since 2000.

Macy’s, for example, said online sales last year topped $1 billion for the first time, accounting for about 4.3% of total revenue. That’s up from about 3.3% in 2008.

Analysts say economics is driving the trend. It costs less to process online orders than to lease retail space and field an army of sales clerks. There are almost no limits on inventory, and bulky items such as luggage can be shipped from a warehouse instead of taking up precious floor space.

Time-starved consumers also are finding it more convenient to browse items online instead of driving to the mall, where they may or may not find the right size shoe or the exact color bed sheets they want.

Jay Hou, 34, says he does 95% of his shopping online these days, as his job at a telecommunications company and his 14-month-old daughter take up so much of his time. When he needed a suit for his wedding, he turned to designer apparel website Bluefly.com.

“I ordered four because they had a good return policy,” the Santa Monica resident said. “I hung the suits up on the wall for about a month and kept looking at them and tried them on as the weeks went on. Then I decided on one and shipped three back.”

To get more customers like Hou, retail executives are spending much of their brainpower on the challenge of boosting online sales. To better compete with Amazon, for example, book giant Barnes & Noble Inc. shook up its top management this year, replacing its chief executive with the head of its online division.

And besides offering more discounts and deals such as free shipping, they also are moving into more sophisticated models of online selling. Those include combining e-commerce and store divisions and expanding online selections and services.

“It’s gotten to the point where you can’t think about online retail the way retailers have thought about it in the past,” said Kasey Lobaugh, a principal at Deloitte Consulting who advises major retailers on developing their online channels.

Lobaugh said his advice centers on making the buying process faster. He recommends systems that recognize customers and feature fewer clicks, such as a single-page checkout.

“It’s actually a massive undertaking for most retailers because they’ve built up their organizations with separate operations for the stores and for e-commerce,” he said. “All of that has to be redone and recast.”

Gap Inc. is expanding its e-commerce network to Canada and Europe in the fall; Ann Taylor Stores Corp. is expanding its online selection, implementing a faster checkout process and adding personalization capabilities to its website; and Kohl’s Corp., like JCPenney, is adding do-it-yourself online kiosks to its stores.
Nordstrom Inc., for example, has long focused on customer service to sell its pricey products. When the retailer found that many online shoppers had questions because they couldn’t touch and feel the merchandise, Nordstrom added a live Web chat feature and staffed it with specialists in beauty, designer brands and other categories.

The Seattle chain also found itself turning away customers online when its fulfillment center was out of stock on their desired items. So Nordstrom expanded the warehouse by 300,000 square feet and began filling online orders with inventory from its stores when possible, which increased merchandise availability.

And to better integrate the store and online sides of its business, and to respond to Web shoppers’ desire to get their products quickly and without having to pay shipping costs, Nordstrom, like other traditional retailers, implemented a “buy online, pick up in store” feature.

“The main thing is, does the customer feel like it’s one Nordstrom, versus these kinds of silos of business units?” President Blake Nordstrom said. For online sales, “our challenge now is things are accelerating.”

For its fiscal first quarter, Nordstrom said its direct sales division, which includes its online and catalog businesses, rose 38.7% from a year earlier and accounted for 7.2% of the company’s total sales.

In some cases, this is increasing competition between online-only outlets and old-school retailers that are no longer content to lose market share to Internet rivals.

As brick-and-mortar retailers seek a bigger market share online, they’re up against tough pure-online competitors such as Amazon and shoe seller Zappos.com, which have honed their websites through years of trial and which don’t have to collect sales tax in states where they don’t have a physical presence.

Henderson, Nev.-based Zappos began selling shoes 11 years ago and has since expanded to clothing, accessories and housewares; last year, it was purchased by rival Amazon in a stock deal valued at more than $1.2 billion at closing.

During an interview at Zappos’ headquarters, Chief Executive Tony Hsieh said that although physical stores are better able to “form an emotional bond” with their customers, purely online sellers have an edge because they are singularly focused on their websites and don’t have the overhead of running physical stores.

With those savings, Zappos can allow customers to return purchases with no shipping or restocking fees for up to 365 days. Hsieh said that has been a huge selling point for people who are wary of buying shoes online without trying them on first.

The company also set up its distribution facility — which stocks more than 4 million products — in Kentucky to be near the primary hub of UPS. The location enables Zappos to ship items faster and do surprise overnight-shipping upgrades.

“It’s innovation versus lack of innovation,” Hsieh said. “In the online world, there’s just much more of a culture of embracing change and experimenting.”

As e-commerce continues to grow at robust rates — the sector posted a 10% year-over-year sales increase in the first quarter, according to market research firm ComScore Inc. — experts have predicted that online sales could grow to as much as 30% of total retail sales over the next few decades.

“The entire retail industry, in one way or another, is becoming driven by digital, and the days of just going to the store and shopping are really declining,” said Andrew Lipsman, senior director of industry analysis at ComScore. “We’re really at the tip of the iceberg.”

No one expects physical stores to disappear. Even overnight shipping can’t deliver the instant gratification of bringing home a purchase right away, and in some cases, consumers still want to see an item in person before buying it.

But retail experts said stores are likely to wane in importance. Some say they might evolve into showrooms where shoppers try on or test out products before ultimately purchasing them online.

“To expect the consumer to come in and to convince them to buy a product that’s folded on a shelf is irrelevant,” said Cohen, of NPD Group. “No one shops like that anymore.”

All you have to do is enroll two new Super Store Owners (SSO), one in your left and one in your right business center. This will earn you $200 in CAB bonuses and an additional $100 promotional cycle bonus for a total of $300.

They recently announced that their Phase 1 tactical pre-launch of their emergence as the world’s largest online shopping community and retail chain store has been successfully completed. The phase II rollout has begun and they are starting to build out the national footprint of Independent Store Owners (ISO) who offer millions of products and thousands of named brands at everyday low prices to customers across the nation. They have already identified and established Independent Store Owners in over half the states.

Phase II will integrate KACHING KACHING’s tier 1 merchandise partners into its co-branded proprietary online storefronts, allowing KACHING KACHING to maximize the viral aspects of the Internet. As they roll out their retail chain of online stores, it will provide a totally new shopping experience for both Independent Store Owners and the mass market consumer.

I see 3 powerful forces that seem to be combining into something that could be very special and kind of actually change the online rules. Internet retail sales generated 150 billion dollars in the U.S. last year and it’s been growing by 20% a year for the past 10 years. People just marketing to other people sold 100 billion dollars in products and services worldwide last year and has a 25% growth rate. Online social networking is still the number 1 growth area in online marketing.

This company plans to exploit this by having 100,000 licensees up and operating within the next year, creating such a vast network that it becomes a force unto itself, and will likely capture a significant portion of the online retail space.

KaChing KaChing Inc is a publicly traded ecommerce company taking advantage of all three trends by offering brand name merchandise and over 2.5 million products that are sold through a nationwide chain of online retail stores.

The company was founded by the man who created the internet shopping phenomenon that started it all, shopping.com. Bob McNulty is an accomplished entrepreneur with over 25 years of industry experience in retail and online shopping.

Executive VP of Kaching Kaching, Mark Guest, called the new ISO model ideally suited to the complex and challenging contemporary environment, and pledged KCKC’s dedication to providing the intuitive and comprehensive support infrastructure for Store license holders to make sense of it all, and drive their home-based businesses to record revenue generation.

Mr. Guest said that simplicity was the guiding principle when it came to engineering an entirely new compensation arrangement which can escape the “traditional multilevel marketing requirements of heavy sponsoring”.

This isn’t a “sit on your butt and get rich” scheme. This is an honest to goodness business opportunity that you have to work at to make money. This is not being built on lotions, potions, pills, juice, travel or jewelry. This is built on the likes of Sony, RalphLauren, Apple, Microsoft, Adidas, Lancone and Intel.

I’m not writing this to sell you on it, only make you aware of it to determine if you have any interest in it. The biggest challenge of any business is getting folks to know you’re there. I’m not selling it – just telling it.

If the idea of owning an online store stocked with millions of name brand products that you promote, and getting up to 10% of the purchase price back in commission, appeals to you…..

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Professional Network Marketers will agree that there are 5 questions you should ask yourself before seriously considering joining any network marketing program. Everyone in a legitimate network marketing program will agree with these.

1. What product or service is the company selling?

The best network marketing companies differ from pyramid schemes legally and practically in that they earn their money by selling real products or services that people really want and use.

2. What is the unique selling proposition of the product?

If the company’s product is not clear or easy to understand and easy to talk about, it will never catch on in an internet network marketing model.

3. Would you buy it anyway and at that price?

Be honest with yourself. Even if there was no way to make money by being associated with the company, would you still buy the product or service at the price it’s being offered?

4. Who owns and runs the company?

Can you easily find out who’s behind the business? That’s pretty simple and straight forward. If you can’t find them, don’t let them find you!

5. Did you like how you were approached?

Was the way you were approached respectful, straightforward and honest?

They recently announced that the Phase 1 tactical pre-launch of their emergence as the world’s largest online shopping community and retail chain store has been successfully completed. The phase II rollout has begun and they are starting to build out their national footprint of Independent Store Owners (ISO) who will offer millions of products and thousands of named brands at everyday low prices to customers across the nation. They have already identified and established Independent Store Owners in over half the states.

Phase II will integrate KACHING KACHING’s tier 1 merchandise partners into its co-branded proprietary online storefronts, allowing KACHING KACHING to maximize the viral aspects of the Internet. As they roll out their retail chain of online stores, it will provide a totally new shopping experience for both Independent Store Owners and the mass market consumer.

I see 3 powerful forces that are combining into something that could be very special and may actually change the online rules. Internet retail sales generated 150 billion dollars in the U.S. last year and it’s been growing by 20% a year for the past 10 years. People just marketing to other people sold 100 billion dollars in products and services worldwide last year and has a 25% growth rate. Online social networking is still the number 1 growth area in online marketing.

This company plans to exploit all 3 by having 100,000 licensees up and operating within the next year. Creating such a vast network that it becomes a force unto itself, and will likely capture a significant portion of the online retail space.

The two founders are Ron Loveless, who was selected by Wal-Mart to design and launch Sam’s Club, and was its first CEO. Also, Bob McNulty who is the developer of the first successful online shopping site, Online Shopping.com. Bob is the CEO KaChing KaChing, Inc.

A KaChing KaChing store is an online store that is part of a nationwide chain of online stores. KaChing KaChing is NOT an online-mall, KaChing KaChing is NOT an affiliate program. KaChing KaChing DOES sell products directly from manufacturers and distributors which store owners earn up to 10% commission on the purchase price. Real Product. Real People. Real Money.

For the first time since Shopping.com and Amazon.com, you have the opportunity to become a retail store owner in the most explosive sector on the Internet, E-COMMERCE.

Retail sales on the Internet have grown at a blistering pace of 20% a year for the past 12 years and now exceed $150 Billion dollars of annual online sales in U.S. E-Commerce is doubling every 4 years. For the first time on the Internet you can become a real online retail store owner and buy and sell products directly from manufacturers and wholesalers.

This is a HOME BASED business that you can grow full-time or part-time by marketing your store on the Internet, or to friends and family. You can also save up to 10% off everyday low prices on personal consumption, and earn up to 10% commission on the gross revenues for each item sold to others from your store .

This is the very first retail chain of online stores serving consumers on the Internet.

KaChing KaChing instantly enables you to sell 2.5 million brand name products at great low prices.

If the idea of owning an online retail store stocked with millions of name brand products that you promote online, plus getting up to 10% of the purchase price back in commission appeals to you…..

This may change the way we shop and make money online.

comp plan here

KACHING KACHING, Inc., the first-of-its-kind online retail chain which transforms licensees into actual storeowners able to deal directly with manufacturers/distributors, announced the launch of a new website www.kachingkaching.com and a new OTCBB ticker symbol (KCKC) today.

New E-Commerce Concept is Increasing

Brand Name Merchandise Offering Over 2.5 Million Products

HENDERSON, Nev.  (PR Web)  June 15, 2010 –

KACHING KACHING, Inc. (www.kachingkaching.com) (OTC Bulletin Board: KCKC.OB). Announced today it’s Phase II rollout. The Phase I tactical pre-launch of KACHING KACHING’s emergence as the world’s largest online shopping community and retail chain is NOW SUCCESSFULLY completed. The firm has the ability to begin building its national footprint of Independent Store Owners (ISO). Each Independent Store Owner will be offering millions of items and thousands of name brand products at everyday low prices to millions of unaware, but awaiting customers across the nation. Already KACHING KACHING has established Independent Store Owners in nearly half of the States around the country.

Phase II will integrate KACHING KACHING’s tier 1 merchandise partners into its co-branded proprietary online storefronts, allowing KACHING KACHING to maximize the viral aspects of the Internet. As we roll out our retail chain of online stores, we will provide a totally new shopping experience for both Independent Store Owners and the mass market consumer. Think of a more enjoyable shopping experience for both you and your friends at say, Amazon.com with everyone receiving upwards of 10% of the purchase price back in commission. KACHING KACHING is destined to be a new category killer within the already prospering e-commerce segment, which last year alone grossed over $170 billion in online sales. KACHING KACHING’s product categories match those of today’s largest e-tailers. From popular athletic shoes to Lancôme skincare for men and women, to bed and bath accessories and electronics, we’ll have everything you’ll need to be on the cutting edge electronically, while being on trend and in style. With the popularity of the Internet, and its fluid development and technology, the world is changing rapidly. First there was Yahoo, and then came Google. There was MySpace and then Facebook. There was Blockbuster and then Netflix came on the scene. Today it’s Amazon, but tomorrow it will be KACHING KACHING! By utilizing the latest technology, tier 1 merchandise partners, and the most unique customer acquisition model ever introduced in the e-commerce business landscape, KACHING KACHINGâ’s growth may be unprecedented. To support its successful Independent Store Owners, KACHING KACHING will be providing each with an Apple iPhone 4, so that successful strategies can be shared immediately amongst each ISO using what is called FaceTime. FaceTime is an exclusive Apple technology that allows immediate face to face real time video, for training and sharing of the KACHING KACHING online business opportunity.

Beyond Commerce, Inc. (www.beyondcommerce.com) (OTC: BYOC.OB) is a significant shareholder of KACHING KACHING, Inc. with ownership of over 10.5 million shares.

About KACHING KACHING Inc. KACHING KACHING Inc., is the very first retail chain of online stores serving consumers on the Internet. It licenses co-branded proprietary online storefronts that can be operated by Independent Store Owners full or part- time with exponential viral growth. Each online storefront will offer millions of items and thousands of name brand products to sell at everyday low prices. Powered by superior customer service and driven by value, KACHING KACHING Inc., provides every Independent Store Owner with the best opportunity for financial success. For more information, visit www.kachingkaching.com.

About Beyond Commerce, Inc. Beyond Commerce, Inc. is a multi-faceted company providing e-commerce solutions for high traffic web properties. We are a cutting edge media company specializing in Ad Networking, Online Advertising, Lead Generation and Local Advertising. For more information, visit http://www.beyondcommerce.com.

Safe Harbor Statement:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting KACHING KACHING, Inc. operations, markets, products and prices and other factors discussed in the Company’s various filings with the Securities and Exchange Commission.

Contact:

KACHING KACHING, Inc

Miranda Freerksen

Email: miranda@kachingkaching.com

Source: KACHING KACHING, Inc.