Snaz.Com Introduces the Web's Premier Universal Shopping Basket


NEW YORK, NY, Oct. 13, 1999 (PRIMEZONE) -- Snaz.com today announced the launch of its consumer shopping service designed to organize and simplify the online shopping experience. This Web-based service allows online consumers to shop the leading e-commerce sites this holiday season using a multi-site, single checkout shopping basket. Snaz.com also offers consumers shareable wish lists and an online gift registry.

Snaz plans to win big this holiday season with shoppers, who will spend $6 billion on holiday shopping, according to Jupiter Communications. As the Web continues to grow, Internet users are given a greater variety of choices when shopping online. This expansion makes online shopping a more complicated experience with passwords and forms acting as barriers to final purchases. Snaz.com removes these obstacles by offering users the ability to fulfill their shopping needs from one shopping cart.

"Snaz.com is rewriting the rules for online shopping. You shop where you want to shop, not in the online malls with limited choices from a few retailers," said Ravi Chachra, Snaz.com's co-founder and CEO.

Leading Retailers from all Major Categories During the 1999 online holiday shopping season, Snaz.com users can shop from the leading online retailers including Land's End, eToys, CDNow, MarthaStewart.com, BarnesandNoble.com and Buy.com. These retailers account for over 75% of all online purchases.

Snaz Users Benefit from Suite of Tools Snaz.com users:

-- Avoid using separate shopping baskets for each retail site that consumers visit. The multi-site, single checkout shopping baskets enables users to shop from multiple sites and make their final purchase from one checkout area.

-- Use a single password for entry into leading online retail sites. This saves time and further reduces barriers to making a final purchase.

-- Make final purchases from Snaz.com at their convenience.

-- Create sharable lists from the items they placed in their shopping basket and email them to friends and family. List recipients are sent to Snaz.com to fulfill their gift purchases.

-- Create pre-made lists or starter kits, consisting of items from different sites, for a variety of lifestyle categories like gardening, music and Epicurean.

-- Access the service from any location - no applications to download.

Strategy for Growth Snaz.com values all online merchants and community sites as potential partners. The company can offer three types of partnerships to online merchants:

-- Affiliate Partners - Users shop at these merchant sites using the Snaz.com shopping basket. Affiliate sites require no technical integration and are accessed through a window frame on the Snaz.com web site.

-- Premium Partners - Users add items to their Snaz list directly from merchant's product pages. Snaz enables premium partners with this service within 24 hours.

-- Private Label Partners - Snaz.com will provide online market leaders with a co-branded wish list service.

Snaz.com offers online communities an impressive suite of shopping tools including a single checkout shopping basket and gift registry functionality. Community sites with limited e-commerce capabilities can improve their service offerings by providing their users with a co-branded shopping basket from Snaz.com.

About SNAZ.com Founded in February 1999, Snaz is the premier shopping cart and gift registry service provided by New York based Shopnlist, Inc. Snaz provides a simplified way to shop at multiple retail sites via a universal shopping basket and shareable wish lists. Snaz currently employs 20 people in their downtown NY office and maintains a Business Development office in London.


            

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