SOURCE: Savings.com

Savings.com

December 12, 2011 13:00 ET

Savings.com Announces It Has Generated More Than $1 Billion in Sales and $500 Million in Consumer Savings

Record-Breaking Black Friday and Cyber Monday Online Shopping Sales Help Leading Coupon Site Achieve Major Milestones

LOS ANGELES, CA--(Marketwire - Dec 12, 2011) - Savings.com, the leading online source for coupons, deals and expert shopping tips, today announced that it has achieved major milestones in both advertiser partner sales and consumer savings. In less than 5 years, Savings.com has:

  • Generated more than $1 billion in advertiser partner sales
  • Saved consumers more than $500 million

"We founded Savings.com in 2007 with a mission to help people save money by connecting people and creating a community of money saving experts," said Loren Bendele, CEO of Savings.com. "We continue to be driven by this passion so it is an incredibly proud moment to announce that we have achieved this scale so quickly."

The announcement follows strong performance over the record-breaking Black Friday and Cyber Monday weekend when the company achieved 60% year-over-year growth.

Bendele adds the company continues to see strong deal activity and heavy buying well past Black Friday and Cyber Monday. "Traditionally Black Friday and Cyber Monday are peaks for the retail industry, but the market is increasingly competitive and our partners are doing everything possible to keep consumers coming back year-round. This competition bodes well for both the economy and for the consumer."

Today's release comes after the recent announcement that Inc. 500 named Savings.com one of the Fastest Growing Companies in 2011. Savings.com is a leader in the industry connecting online shoppers with great deals, and boasts one of the web's largest databases of active coupons from online and national retailers, local businesses, daily deal sites and grocery brands.

ABOUT SAVINGS.COM
Savings.com gives you the best deals on everything you want. Tell us what stores and categories you like, where you live, and Savings.com will deliver the best deals for you, handpicked by expert DealPros®.

In addition to providing personalized recommendations, Savings.com has one of the most in-depth databases of coupons. Shoppers can access thousands of exclusive offers from the biggest retailer names along with 400,000+ deals aggregated from online and national retailers, local businesses, daily deal sites and grocery brands. More than 5 million shoppers turn to Savings.com each month as the trusted resource to find the best deals and to interact with the site's popular personal finance blog and vital community of online coupon experts, the DealPros.

Savings.com was recently ranked as one of the fastest growing privately held companies in the U.S. by Inc. Magazine, is a winner of top awards from advertiser partners including 2011 Innovative Publisher of the Year from LinkShare, and 2010 Advertiser's Choice Award for Top Publisher from Commission Junction.

Traveling overseas? Visit Savings.com's sister site in the UK, Savoo.co.uk.

Contact Information

  • Media Contacts:
    Meghan Heffernan
    meghan [at] savings.com