Entries in gilt groupe (2)


More Shoppers Going Online for Holiday Deals

Ryan McVay/Thinkstock(NEW YORK) -- What's your shopping strategy for the holidays?  A new survey finds more than ever consumers are likely to search daily deal websites for discounts.

Registrations for bargain sites like Groupon, Living Social and Gilt Groupe are going up, and users are beginning to branch out.

"Those same people who are most likely to be on those have memberships to four or five of them not just one," says Ray Florio, who studies shoppers' behavior at Accenture Consulting.  "They're actively looking in all these new forms of media for any discounts they can get."

And Florio says how consumers shop is also changing.

"Customers go into a store and they actually treat it more like a showroom than they are a place to buy something," he says.

Shoppers then go online and purchase the items they spotted in stores.

Copyright 2011 ABC News Radio


Digging for Deals, Fashionistas Turn Sights to Web

ABC News(NEW YORK) -- Look around Megan O'Brien's jewel box of a New York City apartment and you'll find evidence everywhere of her shopping obsession.

"My sheets, my pillow cases, most of the books on that shelf and down there, my throw pillows, the jewelry behind there," O'Brien pointed out as she took us on a tour of her apartment. She estimated that about 30 percent of the clothes and shoes in her closet also are from the online shopping site Gilt.

Twenty-something, single, and fashion-conscious: she's the ideal customer for online luxury retailers like her personal favorite, Gilt Groupe.

Checking online, as she does each day, she pointed out a few of the deals. "A cashmere wrap from $350 to $149...That's not bad."

Gilt Groupe is a club -- the latest trend for all fashionistas. Once they join, they have the chance to buy designer items at 40-70 percent or more off retail. Clothing, shoes, and accessories for women, men, and children. Toys and books. Home furnishings such as linens, furniture, and dishes. Even discounts on hotels and vacations.

Those discounts may be deep, but the selection is top drawer. For many, it can be addictive.

"My favorite is when they give you the price that it was, and they slash it and give you the price that they'll sell it to you for," said O'Brien. "That's what gets you every time!"

Insiders know new offerings are posted at noon, and like O'Brien, they're ready to pounce.

"12:02 they go live," said O'Brien. "Me and my coworkers, it's like the whole building kind of shuts down for like 15 minutes." Four years ago, entrepreneurs and glamour girls Alexandra Wilkis Wilson and Alexis Maybank figured out how to take the New York designer sample sale global.

"We took that experience of always sneaking out of work to try to get some of these terrific insider deals and try to bring that online to nationwide audience," said Maybank.

In the beginning, Gilt's popularity was fueled by word of mouth.-- you had to know someone to be invited to join. Then members would sign on to get deals, such as a $1,600 designer dress for $500--still pricey, but more than half off. Gilt still requires membership, though to be honest, anyone with a computer and a valid credit card can join.

Gilt Groupe CEO Susan Lyne shows took ABC News on a tour of the company's Brooklyn warehouse. It's 200,000 square feet of designer clothes, jewelry and shoes -- all waiting their turn on the web.

Copyright 2011 ABC News Radio

ABC News Radio