eCOST.com Draws Big Crowds For Black Friday/Cyber Monday
02 Dicembre 2009 - 6:02PM
Business Wire
Big deals promoting products with typically higher profit
margins help eCOST.com successfully kick off the 2009 Holiday
season on the Black Friday/Cyber Monday weekend, with unique
visitors up 17% and gross profit higher than the same period last
year.
While product demand was widespread, the hot products this
holiday weekend were:
- Netbooks
- High Definition LCD TV’s
- Digital Photo Frames
- XBOX 360 Pro Gaming
Consoles
- iPhones & iPods
The 2009 Black Friday/Cyber Monday weekend refers to the
five-day period from November 26, 2009 to November 30, 2009, as
compared to the five-day period from November 27, 2008 to December
1, 2008.
Gary Guy, President of eCOST.com., stated, “This was an exciting
weekend for eCOST.com as we look to buck the recession and drive
improved financial performance. Our inventory sourcing strategy for
this Christmas season has provided a win/win scenario for both our
customers and eCOST.com. This year we made deeper purchase
commitments into products and categories where we could offer great
deals to our customers as well as achieve improved economics for
eCOST.com. We believe that the early indicators of this strategy
are quite positive as eCOST.com is showing higher overall web
visitor activity and a more profitable mix of product sales.”
“With price conscious shoppers watching every dollar, we have
pushed even harder this holiday season to offer exciting deals on
hundreds of thousands of products. We looked to stimulate our
customers with our ‘Secret Sale’ marketing program that offers
deeply-discounted prices on merchandise, and, many offers include
free shipping. This new program has been tremendously successful
and helped us increase the number of unique visitors to our site by
17% compared to the same holiday period last year,” continued Mr.
Guy.
Secret Sale is an exclusive eCOST.com feature which offers
deeply-discounted new, recertified and closeout merchandise. In
addition to the unbeatable pricing, many of the offers will also
include Free Shipping! Secret Sale will include amazing offers on
eCOST.com’s hottest products, including notebooks, home
electronics, cameras, LCD TVs, netbooks, iPods, and more.
Quantities for each Secret Sale will be limited to a certain number
of units per product and once it is sold out, the Secret Sale for
that product will be gone forever! New Secret Sales will be offered
as frequently as manufacturer supplies allow and, in some cases,
multiple Secret Sale offers will be available daily.
Accessing eCOST.com’s Secret Sale secret sale is easy: 1) click
on the “Secret Sale” logo within your daily eCOST.com HotSheet
email; 2) enter your email address and the secret code provided to
join the Secret Sale; and 3) be sure to check each day for the
updated 24-hour Secret Sale code.
About eCOST.com
eCOST.com is a leading multi-category online discount retailer
of high-quality new, “close-out” and manufacturer recertified
brand-name merchandise for consumers and small to medium size
business buyers. The eCOST.com brand markets more than 300,000
different products from leading manufacturers such as Sony,
Hewlett-Packard, Denon, JVC, Canon, Nikon, Panasonic, Toshiba,
Microsoft, Dyson, Samsung, Garmin, Western Digital, iRobot, Black
& Decker and Cuisinart, primarily over the Internet and through
direct marketing.
eCOST.com is a wholly owned subsidiary of PFSweb, Inc. (Nasdaq:
PFSW). To find out more about eCOST.com and PFSweb, please visit
the companies’ websites at http://www.ecost.com and
http://www.pfsweb.com.
The matters discussed herein consist of forward-looking
information under the Private Securities Litigation Reform Act of
1995 and is subject to and involves risks and uncertainties, which
could cause actual results to differ materially from the
forward-looking information. PFSweb's Annual Report on Form 10-K
for the year ended December 31, 2008 identifies certain factors
that could cause actual results to differ materially from those
projected in any forward looking statements made and investors are
advised to review the Annual and Quarterly Reports and the Risk
Factors described therein. PFSweb undertakes no obligation to
update publicly any forward-looking statement for any reason, even
if new information becomes available or other events occur in the
future. There may be additional risks that we do not currently view
as material or that are not presently known.
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