It's an exciting new take on an existing business model that has been slow to innovate
New York, NY (PRWEB) October 28, 2008
A new online shopping service that offers an inventive twist on existing cashback websites was launched today. Purchance!, a New York City-area company, has unveiled the Purchance.com website, which offers users a chance to win their online purchases for free at over 150 online merchants.
"It's an exciting new take on an existing business model that has been slow to innovate," said Matt Kritzer, founder of Purchance!. "Purchance.com works in much the same way as other cashback sites, but differs in the way that consumers are rewarded for the advertising revenue they generate through their online shopping activity. Instead of sharing a percentage of the advertising revenue generated by consumers' online purchases, our site allows shoppers the opportunity to win their entire purchase for free, regardless of order amount."
"We believe this incentive will prove to be much more enticing to consumers than those offered by competitors' sites which only share a small portion of the revenue generated by their consumers' purchases in the form of a cashback rebate," said Kritzer. "Imagine winning a flat screen television, next summer's vacation or tickets to an upcoming sporting event just by purchasing from one of our many highly reputable online merchants."
Another special feature of the site is the Double Down Deal. This rotating promotion focuses on one merchant at a time and offers significantly increased odds of winning an entire online purchase. Says Kritzer, "Our current Double Down Deal is with a well known online media service and we're offering 1 in 3 odds of winning your music, movie or game download."
The Purchance! service is available now at http://www.purchance.com.
Purchance! is the first online shopping service that allows consumers to win an entire online purchase for free. There are no commitments required to participate in the service. Simply place your online order with one of 150+ online merchants after creating a Purchance! account. Then, click through to the merchant's site, complete your purchase and you are eligible to win. The company was founded in 2008 by Matt Kritzer and is based in the New York City-area.