BUY.COM® REPORTS BEST SALES DAY IN COMPANY HISTORY ON BLACK FRIDAY
Online Retailer Kicks Off Holiday Shopping Season with Record Growth
ALISO VIEJO, Calif., December 1, 2008 - Buy.com®, the Internet Superstore™, today reported its biggest sales day in company history on Black Friday, with over 40 percent year-over-year growth in both revenue and customer orders.
Thanks to recent site enhancements, marketing initiatives and unique promotions with alternative payment providers, shoppers flocked to Buy.com on Black Friday in record-breaking numbers, looking for the best online deals.
"Our performance on Black Friday demonstrates that shoppers are looking for the lowest prices and the best return on their dollar," said Buy.com CEO and president Neel Grover. "Consumers can continue to rely on Buy.com for exclusive deals, free shipping, and a unique online experience throughout the holidays and beyond."
Buy.com is a leading e-commerce company with more than 12 million customer accounts, focused on providing its customers with a rewarding shopping experience and a broad selection of high-quality technology and entertainment retail goods at competitive prices. Buy.com offers millions of products in a range of categories, including consumer electronics, computer hardware and software, cell phones, books, music, videos, games, toys, bags, home and outdoor, baby, jewelry, shoes, apparel and sporting goods. Founded in June of 1997, Buy.com is located in Aliso Viejo, California. Buy.com® and The Internet Superstore™ are trademarks of Buy.com Inc. Buy.com currently competes with a variety of companies that can be divided into two broad categories: (i) retailers and ecommerce marketplaces such as Amazon.com, eBay and Wal-Mart and (ii) specialty retailers or manufacturers such as Barnes & Noble, Best Buy, Circuit City and Dell.
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