The company, which is currently in beta until July, provides product tracking for consumers who want to keep an eye on receipts for items they buy while surfing the Net. Mordechai Beizer, president and chief executive officer of MaxManager said the funding would be used for marketing, bumping up its 16 member staff and business development activities that includes partnerships with parcel service companies that make exchanges and returns as easy as pushing a button and leaving a box outside your door. We can offer a service for consumers that's convenience-based.
Specialized services come with a price tag as small or large as the item in question.
Beizer said his company would charge a convenience fee for returns services and said he is in discussions with the usual suspect delivery services. As a part of its general service, the company offers free downloadable software that captures a consumer's receipts in a consolidated purchase register allowing users to track their online shopping activities across many merchants. Beizer said his company will pull revenue from online merchant promotion on its Web site. If a consumer clicks on the promotion and uses it the company takes an undisclosed percentage. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.