Online retailer, Overstock.com offers a large variety of brand name merchandise at discounted prices. When the company first started out they only sold about 100 different products. Today, after experiencing a lot of success in the retail industry, Overstock.com offers approximately 783,000 products. Some of the products you can find on Overstock.com include books, music, movies, games, items for home & garden, bed & bath products, clothing, shoes, watches, jewelry, electronics, sports equipment and more. Some of the brand names you will find include Disney, Kraus, Serta, Garmin, Dyson and Corell.http://www.overstock.com/abouthttp://www.overstock.com/
Overstock.com was founded in 1999 by Richard Byrne. He found that even though outlet stores sold products at discounted prices, they were located too far from metropolitan areas and had a limited product selection. By creating an 'online shopping mall' consumers can basically go online at their own leisure because there are no opening and closing hours. By shopping on the Overstock.com website you will save some money because prices are discounted and shipping on any items is $2.95. The Internet is 'open' 24/7. Besides being great for consumers, Overstock.com also gave manufacturers, distributors and other retailers the opportunity to sell their surplus merchandise online.http://www.overstock.com/about
Information of Interest
Besides Overstock.com there are several off spring divisions that were started through out the years. These divisions all have their own website. The divisions of Overstock.com are:
- Overstock.com Cars: If you are looking to get a great deal on a car, this is the place for you. This cars sold on this website, that was launched in 2007, already have a pre-negotiated discounted pricing. There is also a clearance section for really low prices.http://cars.overstock.com/main.html
- Overstock.com Auctions: This website, launched in 2004, is similar to E-Bay where buyers and seller can do sales transactions. Sellers can bid on the products the buyers offer.http://auctions.overstock.com/
- Overstock.com Real Estate: If you are looking to buy or sell your house, this website launched in 2008 is the place for you. You can browse through listings of houses that are for sale. They even offer houses that have been foreclosed.http://realestate.overstock.com/
- Overstock.com Community: This is where you can share your opinion about Overstock.com. You can answer a survey, follow Overstock on Twitter or become a fan of the company on Facebook.http://www.overstock.com/community
- O. Biz: Launched in 2009, this website was set up so that businesses could purchase items in bulk. They would basically be doing business to business transactions. Office Supplies, Office Furniture Restaurant Supplies, Hotel Supplies, and more
Overstock.com CEO Patrick Byrne talks about the $50,000 Family Bailout Plan
Overstock.com CEA Patrick Byrne informs listeners about a special Christmas promotion going on where each time you place an order, you get entered to win $50,000. Even if you don't purchase anything, you can still enter the contest by filling out a form on the Overstock website. Each form you fill out counts as one entry.