Ms. Kelly Corroon

Speakers: Ed Reidy, Director of Sales, Coupons.com, and Kelly Corroon, SVP of Marketing, CoolSavings.com and Scott Rainey, Regional Sales Director, MyPoints.com

By: Kelly Corroon
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Kelly Corroon is senior vice president of marketing at Coolsavings.com, Chicago.

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CoolSavings' Senior Vice-President of Marketing, Kelly Corroon, also confirmed for ReveNews that some affiliates will be paid some money now, with a promise being made that all affilaites will be paid in full following the closure of a new round of funding.
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I just spoke to Ms. Corroon again, who felt that some aspects of my story were unfair.In the sake of completeness, let me clarify a few points.

While I stated that "their affiliates are not being paid commissions, either past-due or current, because the company does not have the funds to do so."Ms. Corroon feels this might be misleading, as some affiliates have received partial payments and some have received full payments.How many?Ms. Corroon couldn't confirm that all or even most affiliates who were due commissions have received some kind of payment (partial or full.)

She also mentioned that the company is not necessarily dependant on additional funding in order to pay affiliates, but again confirmed that the company has had to make partial payments due to cash flow issues.Further, she noted that CoolSavings projects reaching profitability by the end of the second quarter.

CoolSavings' Senior Vice-President of Marketing , Kelly Corroon , also confirmed for ReveNews that some affiliates will be paid some money now , with a promise being made that all affilaites will be paid in full following the closure of a new round of funding.Ms. Corroon states that this should happen in the next 60 days and flatly denied that the company is going out of business. [ more ].

We are confident their team and its resources will help us differentiate ourselves in this highly competitive marketplace , said Kelly Corroon , vice president of marketing , coolsavings.com inc.CoolSavings.com offers consumers a host of savings opportunities including coupons , rebates , saving notices , samples , trial offers and gift certificates from both e-commerce and brick and mortar companies.It is a leader in direct marketing , working with more than 170 national and local retailers , manufacturers , restaurants , travel providers , online merchants and service firms.Recently , the company announced that it had surpassed 3.5 million registered members.Current advertisers on coolsaving.com include Kmart , Kids R Us , MotherNature.com , BigStar.com , REI.com , and Service Merchandise among others.Starcom ( www.starcomworldwide.com ) , the separate media specialist division of the Leo Burnett Company , has won over $ 2 billion in media-only billings over the past two years , including AOR assignments from Morgan Stanley Dean Witter , Canon , United Distillers & Vintners , and Corn Products.Starcom has been recognized by both Advertising Age , which named Starcom its first Media Agency of the Year ( Feb.22 , 1999 ) ; and Adweek , which gave Starcom its prestigious President's Award ( Jan.