CAMPBELL, Calif., July 8 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading global provider of ecommerce solutions and telesales services that drive more revenue for clients and their channel partners, today announced the general availability of its next generation ViewCentral 7.0 SaaS e-commerce solution for selling and managing customer education revenue.
Rainmaker's on-demand ViewCentral solution helps companies maximize the revenue and profits from the sale of paid customer education programs. ViewCentral automates the online sales, marketing and administration of classes, allowing companies to sell more classes and e-learning courses while minimizing administrative costs.
Among the enhancements in the 7.0 release are two industry leading modules designed to help clients drive more revenue from their customer education programs. The new Subscription Management (aka Library Card) module allows companies to create packaged all-you-can-learn subscriptions. This is especially appealing to those clients seeking to grow their e-learning revenue. Clients can grow revenue while reducing their delivery costs by switching more of their customers to online classes.
The second key module is a real-time dashboard that compares a company's key metrics to industry averages. This enables clients to compare their training sales metrics with industry trends, helping them focus their training e-commerce efforts on activities that provide maximum ROI. For instance, a company would be able to see if their percentage of online training is above or below industry averages. And how their class fill rates compare. Identifying how you are doing compared to industry trends can provide key insights of areas of opportunity for additional revenue growth. These features are unique in the industry and will help to further extend Rainmaker's lead in the external LMS and e-commerce for customer education marketplace.Rainmaker's CEO Michael Silton said, "Driving more profits from paid customer education is a key goal for today's leading companies. And these companies' customers expect to both buy and receive their training online. ViewCentral 7.0's new modules for education subscriptions and for industry comparison dashboards continue our industry leadership of providing unique capabilities to help companies grow their revenue online." About Rainmaker Rainmaker Systems, Inc. is a leading global provider of ecommerce solutions and telesales services that drive more revenue for clients and their channel partners. Rainmaker provides subscription and service contract renewals, robust ecommerce solutions, lead development, training sales, and call center services. Rainmaker provides these services on a consistent, global basis supporting multiple currencies and language capabilities. For more information, visit www.rmkr.com or call 800-631-1545. NOTE: Rainmaker Systems, the Rainmaker logo, and Sunset Direct are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners. This press release contains forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from current expectations . Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are our client concentration, as we depend on a small number of clients for a significant percentage of our revenue, the possibility of the discontinuation and/or realignment of some client relationships, general market conditions, the current difficult macro-economic environment and its impact on our business, as our clients are reducing their overall marketing spending and our clients' customers are reducing their purchase of services contracts, the high degree of uncertainty and our limited visibility due to economic conditions, our ability to execute our business strategy, our ability to integrate acquisitions without disruption to our business, the effectiveness of our sales team and approach, our ability to target, analyze and forecast the revenue to be derived from a client and the costs associated with providing services to that client, the date during the course of a calendar year that a new client is acquired, the length of the integration cycle for new clients and the timing of revenues and costs associated therewith, our ability to expand our channel hosted contract solution and drive adoption of this solution by resellers, potential competition in the marketplace, the ability to retain and attract employees, market acceptance of our service programs and pricing options, our ability to maintain our existing technology platform and to deploy new technology, our ability to sign new clients and control expenses, and the financial condition of our clients' businesses, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q. SOURCE Rainmaker Systems, Inc.