BUSINESS BLOGS
BUSINESS BLOGS
category: business
24 Oct 2006

SUNNYVALE, Calif., Oct. 24 /PRNewswire/ — Modoshi Inc., a new online shopping community, today launched its beta site ( www.modoshi.com ) and invites zealous online shoppers to participate by finding and posting deals. Deal-posters will make a commission based on how many sales a particular deal generates, earning cash commissions from Modoshi.

Modoshi, a word derived from Japanese meaning ‘give back,’ helps deal searchers and online shoppers by operating a site where the entire e-commerce community benefits as shoppers find great deals and Modoshi gives back cash to the deal posters for successfully contributing to the Modoshi community. Deal posters research the best price online for any item and use a simple online form to create an accurate posting. Proprietary software verifies the accuracy and validity of all the item information posted. The deal poster then earns a commission based on how well his deal performs.

“Modoshi represents the latest trend in Web 2.0,” explains Modoshi co-founder Vaishali Angal. “We offer shoppers an attractive, organized and accurate site where they can feel confident they have found the best deals.”

“All of our checks and balances are intended to keep the site as accurate and fair as possible,” continues Angal. “Our goal for this community is to create a place where deal posters get rewarded with commissions if they have found great deals and help drive traffic to their posting and shoppers win because they find deals without having to spend time researching the web.”

Modoshi also pays commission for referring new users. Moreover, Modoshi deal posters may easily organize deals into their own Modoshi pages called “theme stores” where posts are gathered by topics, for example, photography. Modoshi assigns a unique web-address to such pages that can be easily shared with others, making it easy for online shoppers to find what interests them.

“In the spirit of Modoshi and information sharing, we want to give back to our participants by paying them for the content they contribute. The Modoshi website itself does not sell anything and is absolutely free to use,” says Angal.

For more information or to post a deal, visit Modoshi.com . For interviews and media queries, contact Erica Zeidenberg, Hot Tomato Marketing, at 925-631-0553.

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