Social Media Ventures, Inc. Announces New Online Daily Deal Site, PetInThe.Net
17 March 2011 - 12:43AM
Marketwired
Social Media Ventures, Inc. (PINKSHEETS: SMVI) is launching a new
online "Deal of The Day" website focused on pet products and
services. The Company hopes to capitalize on its popularity with
its pet social networking portal, PetsPlaces.com, with its new pet
themed website, PetInThe.Net (www.PetInThe.Net ), offering savings
and discounts for pet owners.
PetInThe.Net will offer at least one pet themed "Daily Deal"
through its portal every day. Each pet product or service will be
sold to customers at a discounted price exclusive to PetInThe.Net.
The PetInThe.Net deals offered will be from all pet product
categories including pet food, pet health products, pet toys as
well as luxury goods for pets. This business model has been very
successful for websites like Groupon, LivingSocial, and Eversave by
offering many discounted deals on products and services either
through the Internet or mobile phone.
PetInThe.Net will launch April 15, 2011 and is now reviewing
products and services. The product and service offering will be
offered online, on every given day, while at the same time
providing Social Media Ventures with commissions from every
transaction, everyday. Consumers, manufacturers and retail
companies can register now at www.PetInThe.Net for our mailing list
as well as additional information.
According to a new report from BIA/Kelsey, a media research and
consulting firm, the U.S. consumer spending on LivingSocial,
Groupon and other daily-deal sites will reach $1.25 billion this
year, a 43% jump from $873 million in 2010.
"PetInThe.Net will be a Daily Deal Site exclusively for pet
owners looking for value added services and products for their
pets," said Social Media Ventures CEO, Mr. Robert W. Thayer. "Pet
owners in the US and abroad will have a new online destination when
looking for new and exciting products and services to provide for
their extended family members. We are real excited about the
potential of this site and the feedback we have received so far
from companies interested in getting involved with
PetInThe.Net."
About Social Media Ventures, Inc.
Social Media Ventures (SMVI) is an online media venture company,
creating and acquiring niche social networking websites as well as
revenue generating web sites. SMVI will integrate an online
advertising program that focuses on attracting advertisers to its
core demographics for each social networking site. Currently SMVI
operates the social networking site www.PetsPlaces.com.
Forward-looking statements:
This press release contains certain forward-looking statements,
which are made pursuant to the "Safe Harbor" provisions of the
Private Securities Litigation Reform Act of 1995. Statements of
future goals or expectations, containing words such as "expect,"
"believe," "should," "anticipate," "intend," "plan," "may," "will"
or similar expressions reflecting something other than historical
fact are intended to identify forward-looking statements, but are
not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks, uncertainties
and assumptions that are difficult to predict and that could cause
actual results to differ materially from those currently
anticipated. Factors that could cause or contribute to such
differences include, but are not limited to, the successful
completion of acquisitions and the integration of such businesses
with those of the Company, competition, technological changes, the
ability to obtain financing and other factors. The Company
undertakes no obligations to revise or update any forward-looking
statements in order to reflect events or circumstances that may
arise after the date of this press release.
Contact: Social Media Ventures, Inc. www.socialmv.com Email:
ir@socialmv.com Tele: (516) 204-4843
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