SOURCE: Thrive World Wide, Inc.

March 31, 2011 11:28 ET

Thrive World Wide Partners With Dionysus Company Entertainment, LLC to Create DailyHotDeal Merchant Videos

LAKE GENEVA, WI--(Marketwire - March 31, 2011) - Thrive World Wide (OTCBB: TWWI) partnered with Dionysus Company Entertainment, LLC to fulfill the video component of its DailyHotDeal offerings. DailyHotDeal will email a video spotlight of each day's deal to its members each morning. Dionysus Company Entertainment, LLC will send a film crew to each deal's location and edit it to highlight all the features of that merchant's deal.

"We feel that by partnering with Dionysus Company Entertainment, LLC we are teaming with one the most cutting edge video teams in the industry. Our daily video feature will differentiate us from all the other daily deal sites currently out there," said Andrew Schenker CEO.

According to eMarketer, 2010, retailers report higher conversion rates and fewer abandoned shopping carts when they add video to their sites. An independent survey commissioned by Limelight Networks supports the idea that video is important to online shoppers. According to survey results, video product demonstrations and video reviews from customers were listed as extremely or very important features by 46% of survey respondents who reported making personal online purchases more than once a month. And of those listing video as important, a significant percentage said they spent more than $300, and up to $1,000 annually in select online shopping categories, with travel, clothing, and electronics generating the highest correlation between video importance and higher annual spend. Put briefly, video is an important feature to many of the consumers who spend a larger amount of money online. This makes video a useful tool in wooing top shoppers.

About Thrive World Wide, Inc.

Thrive World Wide, Inc., through its wholly owned subsidiary Daily Hot Deal, is the newest entry into the social shopping Deal of the Day business. Daily Hot Deal is differentiating itself from its competition by creating a Video Spotlight for each participating merchant at no charge to the business. This gives the business a branded video piece and our members get the opportunity to watch the video and see features of the deal and the business that is featured. Daily Hot Deal will send the video in its daily email to our members; feature it on as well as placing the Daily Hot Deal video on its Facebook fan page, its YouTube Channel as well as on other media outlets.

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