Achievement underscores the power of cash back shopping
SAN FRANCISCO, Oct. 14 /PRNewswire/ -- Ebates.com, the leader in online cash back shopping, today announced it has surpassed $1 billion in sales made by its members at the over 1,000 stores available through the site. Ebates.com makes it easy for shoppers to compare and select retailers, discover sales events, get the best coupons and discount codes, and find compelling bargains on the most popular products -- while they earn cash back on every online purchase. Ebates.com members can earn cash back on everything from clothes and accessories to baby supplies and toys to travel packages and luxury items to cameras, computers and appliances.
Ebates.com's retail partners recognize the value of Ebates.com as well. "Priceline.com finds customers the best deals possible on flights, hotels, rental cars, and vacation packages and that is the mission we live by," said Paul Hennessy, Chief Distribution Officer, Priceline.com. "To be able to offer them additional savings through Ebates.com is a true differentiator and enables us to provide a more valuable service to our customers than any of our competitors. Ebates.com makes it easy to save more money, it is just that simple."
"As a frequent online shopper, I can attest to the fact that Ebates.com makes bargain shopping easy -- plain and simple. They offer enticing coupons, deals through their blog, a solid search engine, shopping guides and, my favorite, the double-rebate merchant of the day," said Rebecca Ford, Ebates.com super user, CompareRewards.com. "I've been a member for over seven years and run a Web site that reviews rewards programs. Between Ebates.com's payment options, their trusted vendors and the fast, friendly, and helpful customer service, Ebates.com scores consistently high on my annual comparison of shopping rebate rates."
"Ebates.com's model has been proven over the last nine and a half years and our latest milestone shows how powerful cash back shopping has become," said Kevin H. Johnson, CEO of Ebates.com. "In fact, our growth is only accelerating during these turbulent times. As we pass the $1 billion in sales mark, our shopping activity is growing by more than 50% over last year, and even the wealthiest of shoppers are coming to Ebates.com. We believe Ebates.com is the smartest way to shop online, and we expect a record holiday shopping season."
About Ebates.com
Ebates.com (http://www.ebates.com) is the pioneer and leader in online cash back shopping. Over 1,000 of the largest online retailers, including Buy.com, Drugstore.com, FTD.com, Ice.com, Lands' End(R), Macy's, priceline.com, RitzCamera.com and Sears benefit from Ebates.com's loyal membership base of more than six million shoppers by offering cash back, coupons and special offers via Ebates.com. Since the launch of Ebates.com in 1999, Ebates.com's members have spent over $1 billion with participating retailers who currently offer shoppers an average of 5% cash back on each purchase. Ebates.com membership is always free and provides shoppers with actual cash back on purchases -- there are no rebate forms to submit and no points to redeem. The company was founded by two former Deputy District Attorneys responsible for prosecuting online fraud and identity theft who instilled security, privacy and customer satisfaction as main pillars of the service. Ebates.com is a privately-held company backed by venture capital investors August Capital, Canaan Partners, and Foundation Capital. Ebates.com is headquartered in San Francisco, California and is a member in good standing of TrustE and the Better Business Bureau.
SOURCE Ebates.com
For further information: Nandita Geerdink, +1-415-593-8457, naebates@text100.com, or Sapana Shende, +1-415-593-8412, naebates@text100.com, both of Text 100, for Ebates.com
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