Press Release

FOR IMMEDIATE RELEASE

Seattle Startup Gives Consumers the Ability to Negotiate Group Deals with Local Businesses

Lynnwood, WA – July 19, 2012 – The launch of Swargain.com is allowing Seattleites to leverage their collective buying power in an entirely new way to get great deals on the stuff they want and need. Swargain.com users can negotiate group deals with local vendors, post and share the deal to group together with other interested consumers, and get paid when the deal is completed.


The U.S. is one of the few economies where the posted price is treated with the reverence of a Dick’s Deluxe hamburger. Swargain.com knows that the most powerful negotiating tool is buying in bulk, and the internet has a unique ability to bring people together. Swargain.com is the beautiful love child of these two forces.


Swargain.com provides a platform for true "we-commerce" by standardizing the contract process, hosting user-originated group deals, gathering interest, facilitating the flow of funds from buyers to vendor, and providing vouchers for redemption.


Deal seekers and bargain hunters will find Swargain.com has the familiar look and feel of traditional daily deals sites, but with a noticeably higher quantity of deals. The difference is because deals are negotiated by other Swargain.com users. The ability to negotiate their own deal relieves consumers from having to wait for one that is of interest, and allows for more variety and higher quality.


"Vendors will grow comfortable negotiating with groups of consumers, but it will initially take some extra effort on the part of the originator," says Blair Foerster, founding partner of Swargain.com. "The savings on the item won't always be enough of a reward, which is why we also pay them a commission."


Deal originators, those who negotiate the deal with the vendor, receive a commission as high as 8% on the gross receipts of the deal. This could amount to a substantial income for some of the most active originators.


Swargain.com - Bargains Fueled by Friends