New shopping site allows members to shop for free

A new shopping website was launched last week and it allows its members to literally shop for free.

2008-02-03, Decurro Ltd

Posted by acidguru 304 days ago (1)
Category: Consumer | Tags: consumer shopping

A new shopping website was launched last week and it allows its members to literally shop for free. Can you imagine being able to shop for free? You will be able to shop for your camera for free. You will be able to shop for your perfume for free. You may even be able to shop for your own television set for free. What is the catch? There is a selection of items to shop for and you must be able to provide a review about the product you got. It is that simple. A lot of people have signed up and become members already. They are now enjoying the ability to shop for free as long as they provide a review for the product they got.

A lot of shopping sites should follow suit or they will simply get left behind, says the vice president for business development. Sometimes your income stream should not merely come from the customers but maybe from the suppliers as well. For example, if you are the owner of a perfume company and you want to know how customers think about a product before you even launch it. As a shopping site, you can charge the owner of the perfume company instead of charging the customer. The owner of the perfume company will pay the store owner a certain amount so that customers will provide them with a review. What are the benefits of such business model? The customer gets perfume for free. The store owner will earn from the supplier. The supplier, who is the perfume company owner, will understand the customer better and the firm will be able to launch a product that will be profitable in the near future. Without understanding the customer, the perfume company may launch a perfume that is unwanted in the market in the first place. The perfume company will lose more money in this kind of exercise.

The president of the new shopping site said that this new shopping site will be the next wave of websites. He says that by launching this new website, they will get a lot of enthusiastic shoppers out there. They will be able to capture the new, energetic, and enthusiastic market before the web is flooded with all the other shopping website copycats. He says that being one of the first shopping sites in the market makes them a leader in the industry already. Pioneering these ventures makes the company stronger and more promising.