SOURCE: Vehix
March 28, 2007 10:00 ET
Vehix Launches 2007 Video Buyer Guides Powered by JDPower.com
New Car Shopping and New Car Buying Easier and More Fun With Interactive Video
SALT LAKE CITY, UT -- (MARKET WIRE) -- March 28, 2007 --
News Summary
-- Vehix launched its 2007 automotive
interactive video buying guides, which for the first time
feature data from JDPower.com.
-- The video guides have new car reviews of more than 250 vehicles in 10
categories, and they are available online at Vehix.com, JDPower.com and via Video On
Demand from select cable television providers.
-- For the first time, the online buying guides feature Vimation's clickable video technology
to help consumers research and compare cars. This enhanced, interactive
video presentation allows viewers to select individual chapters among the
10 available in each 30-minute guide, interact with the video to obtain
information from JDPower.com's Power Circle Ratings, and create a personal
list of favorite vehicles.
-- The 2007 auto categories featured are: Hybrids, Sedans, SUVs, Trucks,
Sports Cars, Luxury, Vans, Wagons, Coupes and Convertibles.
-- Vehix's presentation of the car buying guides on the Internet has been
developed specifically for the online environment. It is not static or
linear television or commercial content repackaged for online use.
-- The video buying guides feature JDPower.com's Power Circle Ratings,
which compare models across all segments to align with consumer shopping
patterns. The models with the highest scores receive five Power Circle
Ratings.
-- Vehix has also launched a cable television advertising
campaign to promote the new buying guides. It's running in all of
Vehix's 62 markets nationwide.
-- The ads feature stylish, fast-paced creative. The plot follows a
spy/espionage theme as cat-and-mouse characters covet a mysterious
briefcase, which holds the J.D. Power content that Vehix now has.
Impact of Video
-- Vehix's traffic is steadily increasing as consumers exercise their
preference for credible, third-party Web sites, including objective content
such as the JDPower.com data.
-- More than 70 percent of Vehix's visitors have high-speed connections.
They are looking for a rich, entertaining online experience.
-- Consumers spend an average of 17 minutes on Vehix each time they visit,
an increase from 12 minutes since the debut of video buying guides.
Quotes
Vehix CEO Derek Mattsson
-- "By creating Web-specific video content from trusted sources like J.D.
Power and Associates, and by using best-of-breed online technology
providers like Vimation, Vehix is enhancing the consumer's browsing
experience with the best video content available anywhere."
-- "Choosing and buying a car is a big decision. To make the research
process simple and enjoyable, Vehix is presenting a series of brief video
reports that can help consumers zero in on the data needed to make a good
choice."
-- "It's our goal to provide consumers quality content for every stage in
the car buying process. It's not just about selling cars -- it's about
sharing powerful information. This is why we're proud to introduce the
auto industry's only video buying guides powered by data from J.D. Power
and Associates, a trusted authority in customer satisfaction and vehicle
quality."
Peter Marlow, vice president of corporate communications and consumer
development at J.D. Power and Associates
-- "The clickable video buying guides present JDPower.com's data in a way
that's useful and meaningful to consumers. We're pleased to team with
Vehix to present information in a new way that gives consumers the
information they want, when they want it, in a rich media format."
David Hemingway, chief executive officer, Vimation
-- "Vehix has created a compelling and smart presentation with this year's
Buying Guides. Viewers are not expected to lean back in their chairs to
watch the video. Rather they want to lean forward, be in control of the
content, and interact with the video to obtain relevant information."
Company Information
About Vehix, Inc.
Vehix.com launched in 1996 as an online
automotive portal designed to facilitate the research and purchase
processes for consumers and provides objective third-party information
along with best-in-class research tools. Vehix.com provides a platform for
both Private and Professional automotive sellers to showcase their vehicles
to a broad national audience. It has been designed to provide a truly
one-stop automotive shopping experience.
Vehix has developed a unique marketing relationship with the largest cable
television companies in the nation that has helped spur the growth of the
Vehix.com site. Today, Vehix represents more than 1,500 auto dealers in
over 60 markets, hosting a real-time, online inventory of new and used
vehicles. Vehix.com is one of the most trafficked automotive resource
websites on the Internet. It helps hundreds of thousands of individuals
find the car of their dreams.
About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is an
ISO 9001-registered global marketing information services firm operating in
key business sectors including market research, forecasting, consulting,
training and customer satisfaction. The firm's quality and satisfaction
measurements are based on responses from millions of consumers annually.
J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
www.jdpower.com.
About Vimation
Vimation (www.vimation.com) is a video interactive media firm that has
developed a proprietary online interactive video solution (VIM®) based on
Flash technology that enables consumers to navigate, shop or browse by
interacting directly with high quality video. This enhanced user experience
allows users to click directly on a video to initiate an action while
marketers can capture real-time reporting on the back-end and have the
ability to individually target users and dynamically pull content based on
profile or user history. Vimation's VIM Platform does not require a website
redesign. It seamlessly integrates into an existing website and connects to
any existing e-commerce engine or back-end database.