RetailMeNot.com Announces Launch of UK Spinoff VoucherHub.com
MELBOURNE, Australia-(Business Wire)-September 2, 2009 - RetailMeNot.com, a top consumer destination for coupons, discounts and promotional codes for merchandise, groceries, travel and services, today announced the launch of VoucherHub.com, a new UK website for finding and sharing money-saving coupons. Based on RetailMeNot.com’s successful coupon-sharing model, the new site is the first in the UK to harness the power of people by enabling consumers to post, recommend and rank online and printable coupons without requiring registration. VoucherHub.com was designed entirely with its user community in mind to offer UK consumers a fast, simple and hassle-free experience when searching for coupons online.
As a result of the recession, saving money and using coupons has become akin to sport for many consumers. New data from Hitwise underscores this trend: UK internet searches for discount coupons increased by 47.5% over the last 12 months. Yet as budget-conscious consumers become more sophisticated, they are also increasingly discerning in the websites they visit. UK consumers have become distrustful of opportunistic coupon websites, which often contain out of date deals or lack relevant coupons despite appearing high in search engine results, according to Hitwise Research Director Robin Goad.
“We see a tremendous opportunity to fill the gap between what consumers want and what other UK coupon websites offer,” said VoucherHub.com Managing Director Alex Rabarts. “The Hitwise research clearly shows that consumers are searching for coupons but won’t put up with websites that make it difficult and time-consuming to find them. VoucherHub.com is different because we put power in the hands of the people and are dedicated to providing a great user experience.”
RetailMeNot.com launched in the US in October 2006 and quickly overtook competitors as the first website to introduce coupon-sharing. RetailMeNot.com has seen traffic grow an average of 20 percent month on month to more than 10 million visitors in August 2009. By the end of its first year, RetailMeNot.com offered nearly 50,000 coupons and today lists more than 400,000. Using the same model, VoucherHub.com projects similar growth for the UK market.
To view a demo of VoucherHub.com, please visit: http://www.voucherhub.com/tutorial
About VoucherHub.com
VoucherHub.com is a people-powered online destination for finding and sharing money-saving vouchers. VoucherHub.com’s active community of savvy spenders post, recommend and rank thousands of online and printable vouchers for food, fashion, travel and services, making it fast and easy to find the best available discount. From the creators of RetailMeNot.com, VoucherHub.com is committed to providing UK consumers with the most user-friendly resource for saving money online. Based in London, VoucherHub.com is a division of Stateless Systems.
About RetailMeNot.com
RetailMeNot.com is a top consumer destination for coupons, discounts and promotional codes for merchandise, travel and services. RetailMeNot.com’s online community that posts, uses, recommends and ranks more than 400,000 online discounts and promotions for more than 100,000 retailers, restaurants and brands, including Amazon, GameStop, Macy’s, Best Buy, Home Depot and Victoria’s Secret. RetailMeNot.com’s mission is to help consumers save money and enjoy a hassle-free discount shopping experience. RetailMeNot.com, a division of Stateless Systems, is located in Melbourne, Australia.
www.RetailMeNot.com and www.VoucherHub.com are registered domains of Stateless Systems. All other domains, names and trademarks mentioned herein are property of their respective owners.
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