|June 16, 2003
DealTime Offers Merchants Lower Minimum Bids across All Product Categories and Launches SKU Volume Discount
|Leading Shopping Search Engine Offers Online Merchants Affordable Access to Large Quantity of High Quality Leads
| DealTime, the fifth largest online shopping site and leading shopping search engine, today announced that it has lowered the minimum bids for merchants to list on DealTime and launched a SKU volume discount program for merchants listing 5,000 SKUs or more. The two initiatives are designed to reward broad participation in DealTime's Merchant Network and enable merchants of all sizes to cost-effectively tap the large quantity of high quality leads that DealTime delivers.
"Our goal is to sign up every online merchant," said Iggy Fanlo, chief revenue officer with DealTime. "Lower minimum bids and SKU volume discounts make it easier than ever for merchants to join DealTime's Merchant Network and present their full catalogs to the more than one million shoppers we reach each day."
Details are as follows:
Bidding to list in the computers, office and consumer electronics categories now starts at just $0.30 per click. Bidding on all other product categories now starts at just $0.05 per click.
The SKU volume discount program offers merchants listing at least 5,000 SKUs on DealTime with a discount on their total monthly bill from DealTime. Full details and conditions of the program are available at http://www.dealtime.com/sku.
For more information or to sign-up as a new DealTime merchant, please go to https://www.dealtime.net.
DealTime is the leading shopping search engine and premier consumer reviews and ratings platform. The company's uniquely helpful shopping services, located at www.dealtime.com, www.epinions.com, www.shopping.com and www.dealtime.co.uk, enable more than 1 million unique daily visitors to compare products, prices and merchants while using Epinions' trusted consumer reviews and ratings to make smart buying decisions. It's The Smart Way to Shop the Web(TM).
The company is a premier provider of targeted online direct marketing services, connecting merchants and manufacturers with pre-qualified buyers and partnering with search engines, portals and service providers to effectively monetize Internet traffic. DealTime Ltd. is privately-held and backed by key strategic and financial partners including August Capital, Bain Capital, Benchmark Capital, Bertelsmann, Goldman Sachs, Israel Seed Partners and others. DealTime, DealTime.com, Epinions, Epinions.com and the DealTime and Epinions logos are registered trademarks of DealTime Ltd. and its subsidiaries.
CONTACT: DealTime, Inc.
Krista Thomas, 650/616-6577