Discount Giant The Bargaining Spot Grabs Shoppers from Amazon.com

NEW YORK - June 10, 2013 - PRLog -- New York, NY – Since opening its virtual door at the beginning of this year, the fledgling internet shopping sensation, The Bargaining Spot, has struck a chord with global online shoppers, especially with its deep discounts as much as 25% to 50% off current online merchandisers.
 
The pair of Bargaining Spot entrepreneurs crunched their data research in web-based retail and applied factors that eventually contributed to greater success levels immediately.  Both partners agree that the major component used to beat the Amazons and Zappos of web retail was being smarter and smaller.

Other factors that contributed to their amazing lift-off:

•   Aggressive merchandising and discounting from flash sale and daily deal retailers.
•   More online loyalty programs.  Of those consumers who belonged to such a program last year, 61% said they bought from the retailer that operated the program.
•   The increasing popularity of smartphones and tablet computers among consumers, which leads them to spend more time online for shopping.
•   The tablet shopping experience also encourages shoppers to purchase more products in an impulse fashion.
•   Consumers seeking greater value in their purchases
•   Greater variety/choice of goods
•   Continued strength of the American economy
•   Increasing level of sophistication and comfort amongst consumers across all age groups
•   Use of social media by both consumers and retailers to drive brand awareness
•   Proliferation of group buying sites.

Online shoppers in the United States will increase retail spending to $327 Billion in 2016 according to a projection released today by Forrester Research Inc.

According to The Bargaining Spot research data, consumers will prefer the web to the traditional brick-and-mortar retailers because of online deals. Their research says—75% of holiday shoppers last year made purchases online rather than in stores because online retailers offered better deals.

This is where the thrust of The Bargaining Spot’s marketing plan:  Very Low Discounts of every piece of merchandise in their inventory.  The Bargaining Spot partners are always tweaking their purchasing power for the future.  The only speed-bump they have encountered is keeping their electronic products as well as their luxury items in stock.

The Bargaining Spot is open for business at www.TheBargainingSpot.com

For questions and inquires, contact their headquarters office at product@thebargainingspot.com

This press release was submitted by Grow Small Biz