Tuesday, July 14, 2009

Bag Your Deal: The Ideal Solution for Conscious Consumers

PRLog (Press Release) – Jul 14, 2009 – The new site bagyourdeal.com is the creation of Innovations Live, a web and print designing company that delivers end-to-end design solutions. Other than providing various web services to its clients, the company has recently created a platform that allows individuals to seek attractive discounts on products and services that are otherwise available at full price, or at a marginal vendor discount through the direct purchase route.


Unlike various other online platforms that facilitate purchases, such as online marketplaces or direct vendor sites, http://www.bagyourdeal.com is unique since it allows users to negotiate for higher discounts (indirectly), without having to actually make bulk purchases.


The site allows individuals to express interest in an existing deal or create a new deal for a product or service that they wish to purchase. Once this has been done, others who are interested in the purchase also join the deal. The more users express interest in the deal within a specified amount of time (ranging from a few days to a couple of weeks), the better discounts the website is able to negotiate from the vendor.  


This results in a win-win situation, maximising benefits for both buyers and sellers, since it also provides sellers with another window of opportunity to reach out to potentially price sensitive customers. Similarly, vendors can also exploit this medium for advertising, and for increasing bulk sales.  


The website does not impose any fee on buyers, who can register and start a deal for free. Until the deal is consumed, and the terms are mutually agreed to between buyers and sellers, indicating interest in a deal is not binding on either party. Similarly, sellers can also register and post the first offer for free. Subsequent offers are chargeable at a nominal fee of Rs 1000 per offer. A small service fee is also charged for maintaining an account with the website on an ongoing basis. Once an account has been created, the seller can post offers regularly simply by depositing money into it.  


For additional information on how to register and browsing currently available deals, product/service categories, please visit the website at http://www.bagyourdeal.com or e-mail contact@innovationslive.com.

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