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Netmarket Introduces Haggle Zone; Netmarket, the Internet's Leading General Merchandiser, Introduces Another New Shopping Site and New Way to Get Bargains Online -- The Haggle Zone.

STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 30, 1998--Netmarket (http://www.Netmarket.com), the No. 1 merchandiser on the Internet, announced the relaunch of its online value-oriented shopping site and the introduction of a revolutionary e-commerce service -- the Haggle Zone.

For the first time, online shoppers can haggle in real time with virtual merchants to get the best price on the hottest merchandise from Netmarket's vast cyber-warehouse of more than 800,000 name-brand products.

The enhancements to Netmarket continue the site's mission to give consumers the widest selection of brand-name products at the best prices in a convenient and fun way.

"Wheel and Deal" Online Via Computer in the Haggle Zone

Haggle Zone represents a landmark in interactivity for the e-commerce industry. Using Haggle Zone's online characters, shoppers can bargain over prices for everything from consumer electronics to vacations, creating a bazaar-type atmosphere in which shoppers purchase name-brand merchandise at incredible savings.

To make the experience fun and exciting, Netmarket's Haggle Zone utilizes a proprietary, patent-pending algorithm that provides a virtually unlimited number of unique exchanges between shoppers and the virtual merchants.

Haggle Zone visitors can choose one of three personality types to bargain against: Dot Com dot com - com , a friendly but numbers-savvy negotiator; Monte, the Haggle Zone's resident comedian; and Stubby stub·by  
adj. stub·bi·er, stub·bi·est
1.
a. Having the nature of or suggesting a stub, as in shortness, broadness, or thickness: stubby fingers and toes.

b.
, a no-nonsense guy who just wants to make a sale. Each merchant is ready to deal and willing to give shoppers significant savings -- even selling name- brand merchandise at rock-bottom prices.

"The creation of a truly interactive shopping experience on the Internet, where shoppers can influence pricing, moves e-commerce to the next level in a way that will make the online shopping process more fun and rewarding," said Scot Melland, senior vice president of Interactive Services at Cendant.

"Purchasing goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  on Netmarket, via the Internet already gives consumers substantial savings over retail shopping, and with the Haggle Zone, shoppers have the chance to match wits with one of our online merchants to get an even better deal on items already offered at below-retail prices."

Sold to the Buyer Across the Country!

Netmarket's other inventive shopping features include the Flea Market See computer flea market.

flea market

yard sale of used items at low prices. [Pop. Culture: Misc.]

See : Inexpensiveness
, where shoppers can find low prices on refurbished items, close-outs and overstocked merchandise; Auction, where shoppers can bid on name-brand products from cameras to housewares house·wares  
pl.n.
Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen.
 to gifts; Gift Finder, which provides appropriate gift suggestions for special people or occasions; and NetGrocer, which can deliver nonperishable groceries and other household products to the home.

"Netmarket is perfect for all kinds of consumers, from time- strapped people looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 gift suggestions to cost-conscious shoppers seeking bargains," said Melland. "As technology and consumer usage grows, we will continue to create new ways to bring our value propositions to online consumers -- Haggle Zone is the first step."

Netmarket offers more than 800,000 name-brand products in the following categories: apparel; babies, kids and toys; books, music and movies; car stereos and accessories; computers and software; electronics and cameras; flowers and gifts; fragrances and jewelry; groceries; home, kitchen and garden; kitchen appliances; luggage and travel; office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). ; sports and health; and video games See video game console. . The largest retailer on the Internet, Netmarket is a value- oriented site that spans most areas of consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. , such as electronics, groceries, home furnishings and appliances.

Everyone can shop at Netmarket and consumers are invited to try a Netmarket membership for a 3-month trial to get additional benefits, including lower pricing, cash back on purchases and extended warranties on products purchased that have a manufacturers warranty.

Netmarket uses the buying power Buying Power

The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available.

Also referred to as "Excess Equity.
 of millions of members to keep the price of merchandise and services low for shoppers and its members, providing the best value on the Web. Netmarket is owned and operated by Cendant Corp. (NYSE NYSE

See: New York Stock Exchange
:CD), the world's premier provider of consumer and business services.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 30, 1998
Words:624
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