New Dealio Super-Shopping Site Puts the Best Deals All in One Place
Integrated Shopping Experience Cuts "Time to Best Deal" to One Minute or Less and Puts an End to Buyer's Remorse Once and for All
SAN MATEO, Calif. September 17, 2007 — Vendio™ today unveiled the new Dealio.com, a first of its kind online shopping website that combines the best of comparison shopping, lowest prices from tens of thousands of stores and millions of eBay auctions, as well as coupons and user-generated deals. Its consumer-friendly format gives even casual shoppers all the advantages of the "pros" -- in a single search that spares people the hassle of hunting through multiple locations to find the best results.
Dealio searches millions of products and coupons, and combines the results with deals posted and voted on by other Dealio shoppers. The new site displays a mashup of these community generated deals along with the lowest prices from stores and online marketplaces such as eBay as well as manufacturer and store coupons. This "one stop shopping" approach ensures Dealio shoppers receive the best available deal, putting an end to buyer's remorse. Bargain hunters can also browse the thousands of deals and coupons available on Dealio.com as they try to find that deal that is just "too good to pass up."
"We do the heavy lifting in order to bring the best possible deals to our consumers in one easy to use Web page," said Rodrigo Sales, CEO and Co-founder. "It is a monumental job to find the best values for camera Y or designer watch Z - but that is exactly what we have done. We know that people appreciate the convenience of online shopping in general, but the drudgery of the online deal hunt has taken much of the value out of the original concept. Dealio puts the convenience, savings and fun back into online shopping. Even better - we make buyer's remorse a thing of the past."
A July 2007 report released by ScanAlert research shows online shoppers are taking longer than ever to make purchase decisions. According to the report, the average delay between customers' initial visit to a Web site and their first purchase has increased 80 percent since 2005 - from 19 to 34 hours, which is consistent with the high shopping cart abandonment rates online marketers have been noting for years. With all of the purchasing options available today, it is no wonder that consumers are taking longer than ever to make a purchase. Dealio helps alleviate consumer concerns by presenting the best purchasing options in one single location so that consumers can buy with confidence and avoid spending hours deal hunting.
The Dealio.com service is free and available now at www.dealio.com. The website is also home to the popular Dealio Comparison Shopping Toolbar which nearly four million users have downloaded since its inception in 2006
About Vendio
Vendio is a leader in eCommerce, providing hosted software-as-a-service (SAAS) solutions for merchants. Vendio's consumer offering, Dealio, is one of the top Web 2.0 shopping sites providing coupons, comparison shopping, and user generated deals. Dealio is a direct descendant of Auctionwatch, Vendio’s pioneering comparison shopping search engine for auctions created in 1998. Today Dealio provides some of the best bargains and product depth of any shopping site by leveraging the thousands of stores hosted by Vendio.Vendio was founded in January, 1999 and is the independent leader in multi-channel online sales. Each year, tens of thousands of merchants use Vendio's sales management and merchandising services to sell over $1.6 billion of merchandise on both their own branded stores as well as the Web's leading marketplaces such as eBay. Vendio is a profitable Silicon Valley startup which acquired the assets of long time competitor Andale in 2006. The company is headquartered in San Mateo, CA with offices in Bucharest, Romania and Bangalore, India. Vendio is backed by Lighthouse Capital Partners and MVC Capital.
Vendio and Dealio are trademarks of Vendio Services, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.
< Back to Press Releases
