Forget Jewelry! Consumers Want Practical Gifts to
Enjoy with Their Sweethearts This Valentine's Day
CHICAGO, IL (February 6, 2001) As love-stricken consumers across America shop for Valentine's Day gifts for their sweethearts, uBid, the leading online retail auction site, polled men and women across the country, asking them which they would prefer for Valentine's Day: the ultimate home theatre system, jewelry, an all expense paid trip for two; or, a dream date with a supermodel. More than 50 percent of the 1000 men and women surveyed said that they would prefer the ultimate home theatre system, proving that this Valentine's Day lovers would rather receive gifts that they can enjoy with one another for years to come.
In addition, men and women alike said that the preferred method for shopping for Valentine's Day gifts was online because it's cost-effective and fun. According to a new report, "Global Online Retailing," issued recently by Ernst & Young LLP, Consumer Electronics ranks as one of the top online purchase categories.
"Shopping for the perfect Valentine's Day gift can put pressure on many people," said Greg Jones, president and CEO of uBid. "Add the task of going from mall to mall, and it is enough to ruin a special day. uBid makes shopping a fun and rewarding experience for consumers by providing them with an exciting way to get great products at exceptionally low prices and more importantly, without the hassle of going to the mall."
This year, uBid is playing cupid to more than 2 million registered users. To help die-hard romantics find that perfect gift for their loved ones this Valentine's Day, the company is currently hosting a variety of offerings geared towards both men and women at www.ubid.com, including:
"uBid is one of the top online auction sites for new brand name consumer electronic products," said Jones. "We have strong merchandising relationships with many manufacturers and distributors, allowing us to pass savings of up to 70 percent through to our users. In addition, we feature auctions in more than 12 different categories including jewelry and gifts, apparel, and travel and events, making it easy for consumers to find that perfect gift for their loved one this Valentine's Day. uBid has something for everyone!"
About uBid
uBid, a majority-owned operating company of CMGI, Inc., is the leading retail
auction and e-commerce site that offers consumers and small-to-mid-sized businesses
the opportunity to purchase a wide range of brand name merchandise, often
at greatly reduced prices, through live-action bidding using sophisticated
auction technology. The company's Internet auctions feature a rotating selection
of more than 12,000 items in each daily auction. uBid sells products in more
than 12 different product categories, including: computer equipment, consumer
electronics, home and leisure, sports and recreation, jewelry and gifts, apparel,
home improvement products, art, appliances, and travel and events. In addition,
consumers may participate in the new uBid Auction Exchange marketplace, in
which third-party vendors and consumers list their items for auction.
With more than 2.0 million registered users, uBid is committed to providing
its customers with the highest quality auction experience on the Internet
and offers supplier warranties on most consumer products. uBid.com also meets
Better Business Bureau Online standards, which gives customers the confidence
and security to bid safely online. For more information, visit the company's
Web site at www.ubid.com.
uBid and uBid.com are trademarks of uBid, Inc. All other products and services mentioned may be trademarks or service marks of their respective owners.
Editorial Contacts:
|
Denise Mancini |
|