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In the meanwhile the online retailers are seeing some growth in their online sales. Naturally fewer people are driving to the mall to compete their Christmas shopping.
While many feel comfortable with online gift shopping some still would like to have the opportunity to touch and ask questions about the products they buy. Fortunately, online gift shopping has become easier than before due to the community efforts.
For example, if you shop at Amazon.com or at other online retailers you have the opportunity to read (not always though) what other people have to say about that product after they have used it. This is wonderful, but the limitation is that the review applies only to that particular site.
People go online for three main reasons of searching information, socializing and and shopping. Most of the social networks are addressing the first and the second. There is a new social network called REIZIT.COM that attempts to fill the gap and address the third reason of why people are going online.
Reizit.com is FREE and is a wonderful way of Community Powered Marketing. Thus the name of the website: raising awareness about better products.
How can consumers and members benefit from Reizit.com
Let's say you are shopping online and see a cool product, gadget or any consumer good. You think others may like this product as well. Submit the link of that product's (could be from any online retailer) sales page to REIZT and share it with the community. Other members or REIZIT can VOTE, comment or bury the product depending if they like it or no.
How can online retailers benefit from Reizit.com
Online retailers can also be part of the community and submit their bestselling and popular products that they feel the community memembers will vote for and promote.
They can also copy and paste this code under each of their sold products and let their buyers promote their products at www.reizit.com.
As the shoppers' search for holiday gift bargains may be disrupted by the weather and snowstorm the online retailers are entering make or break final week.
According to Bloomberg "Today may be the busiest shopping day of the holidays, said Michael Niemira, chief economist at the International Council of Shopping Centers. Shoppers who have waited for deeper discounts probably will be rewarded as retailers seek to clear inventory and salvage what may be the worst season in 40 years, even though their fourth-quarter profits may suffer as a result."
Author's note: The author of this story is related to Reizit.com. You are free to copy and reprint this story without permission on your blog as long as the links and the attribution to HULIQ is properly provided.
Posted December 20th, 2008 by Armen Hareyan
