SOURCE: Savings.com

Savings.com

September 14, 2010 08:00 ET

Savings.com Saves Shoppers $120 Million

Leading Online Coupon Site Hits Major Milestone in Total Dollars Saved by Consumers

SANTA MONICA, CA--(Marketwire - September 14, 2010) -  Savings.com, the premier destination for online coupons and coupon codes, today announced that it has saved consumers $120 million since the site launched three years ago.

Savings.com has seen 1,300 percent growth since it was founded in 2007, has quadrupled its staff, and is now one of the fastest growing privately held companies in the US. A leader and innovator in the online coupon space, the company recently launched Answers, the first ever service that allows consumers to ask shopping and saving-related questions and receive high-quality answers and relevant coupons from the Savings.com DealPro®, real experts with the best tips for saving money. Savings.com is also the home of Blog & Save, now one of the most popular personal finance blogs on the Web.

"Having saved consumers $120 million, we are realizing our number one goal: helping people save real money by connecting them with the best coupons, deals and expertise from our community of DealPros," said Loren Bendele, CEO of Savings.com. "We've worked hard to make saving simple by only showing deals that work, getting exclusives from merchants that you can't find anywhere else and allowing our members to vote on deals so it's easy to find the best price on whatever you are shopping for. We're looking forward to helping shoppers hit one billion dollars saved in short order."

Savings.com allows savvy shoppers to easily search, find and share the very best coupons and deals from more than 5,000 merchants and more than 20,000 brands in categories that run the gamut from shopping to entertainment to technology to travel. Unlike other sites where coupon codes may be expired or otherwise invalid, Savings.com performs strict quality controls on all deals for maximum effectiveness. Currently, well over three million consumers visit the site every month to find reliable coupon codes and deals. Top performing coupons include Orbitz promotion codes, Home Depot coupons, Dell coupons and HP coupons.

About Savings.com

Savings.com helps consumers save money every day. The premier online savings Web site and community has the best deals for everything shoppers want, making it easier than ever to search, find and share big savings from top brands and stores. The company's dedicated team of DealPros® scours the Web to find top offers in every category from designer clothes and baby gear to big-screen TVs and gourmet food. The site's community of members and savers rates each deal to make sure users find the best stuff first, eliminating the need to spend time sifting through expired coupons and coupon codes that don't work. Savings.com is a safe haven of high-quality, reliable deals. Savings.com's sister site, Savoo.co.uk, offers top coupons and deals to UK-based shoppers.