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Seeweekly news
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2005-12-05 |
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NeWave Launches 'buydiscount.com'; eCommerce Thriving |
NeWave, Inc. today announced the launch of 'buydiscount.com', a new consumer direct website which offers visiting customers significant savings on over 100 top brands and thousands of products.
NeWave CEO Michael Hill stated, "We are very pleased to be able to launch buydiscount.com just in time for the Holiday season. Buydiscount's consumer based loyalty club concept is a natural extension of the 'onlinesupplier.com' business direct model and represents a new and potentially significant revenue stream for NeWave. Given the current trends and continued dynamics in ecommerce, we believe we are now well positioned to experience considerable growth in 2006."
As reported in USA Today, Shopping.com, a comparison shopping site, experienced a 37% gain in traffic on Cyber Monday (the Monday following Black Friday) and for the same day, Visa also reported Web shoppers charged over $505 million on its cards, up 26% over 2004. Luggage Online reported a 50% increase in sales over 2004 on Cyber Monday, the single largest day in its history and an increase of 70% in the five day period from Thanksgiving through Cyber Monday. |
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