STAMPS.COM UPGRADES AFFILIATE PROGRAM TO OFFER “THE GREATEST REWARDS ON THE NET”
Affiliates Members Receive Up to 1,000 Percent Commission Increase For Bringing New Customers to Stamps.com
SANTA MONICA, Calif. – May 8, 2000 – Stamps.com™ (Nasdaq: STMP), the leading provider of Internet mailing and shipping services, today announced enhanced changes to its affiliate program, which will reward members with $250 for the first 10 new Internet Postage™ customers and $50 per customer thereafter each month of the promotion.
“Stamps.com offers the greatest rewards on the Net at $50 per customer,” said Joel Comm, owner of DealofDay.com, designed to offer consumers the best bargain hunting on the Web. “As a member of the affiliate program since the beginning, DealofDay.com has signed up more than 900 customers with the Stamps.com Internet Postage service. Not only can we pass on great cost savings for the Stamps.com service through the affiliation, but Stamps.com provides us with an important revenue stream.” Comm is also a small business customer of the Stamps.com Internet Postage service.
Breaking away from traditional affiliate program models, Stamps.com will offer, for a limited time, up to a 1,000 percent increase in commission for every new customer generated as a referral from an affiliate. During a given month, affiliates will now earn $25 for the first 10 customers referred and $50 per customer thereafter. The previous structure offered a minimum of $5 per new customer. Additionally, affiliate members will receive payment for the referrals at the end of each month, as opposed to every quarter with typical programs.
“Stamps.com has created one of the most aggressive affiliate programs on the Web by passing on such incredible incentives to our members who refer new customers,” said John Payne, chairman and CEO, Stamps.com. “The program is a cost effective customer acquisition tool for Stamps.com and an effortless way for affiliate members to generate increased revenue. At the same time, we provide the most convenient and affordable Internet Postage service to their customers. It’s a win-win situation for us and our affiliates.”
Improving on the existing Web-based program, Stamps.com now offers a feature for new affiliates that don’t have a Web presence but do have extensive e-mail and “chat room” relationships. Beginning later this month, the program will offer an easier way to link to the Stamps.com Internet Postage service through e-mail. An affiliate would simply send an e-mail to prospective Stamps.com customers with whom they have a relationship, who could then link from that e-mail directly to the Stamps.com Web site. The link would contain a unique identification number, giving the referral credit to the affiliate.
More information on the Stamps.com affiliate program can be found at sdcmainprod.wpengine.com/affiliates/.
Stamps.com™ is the easiest, smartest way to mail or ship letters, packages or small parcels anywhere and at anytime. Anchored by its partnerships with the U.S. Postal Service and United Parcel Service (UPS), Stamps.com has three customer-centric business units focused on providing its unique Internet mailing and shipping solutions to small businesses, large corporations and e-commerce companies. Stamps.com’s services allow any size business to choose the best carrier, cost and delivery terms for every mailing or shipping transaction based on sophisticated, real-time rating, tracking and pricing tools.
Stamps.com has strategic partnerships with major companies such as America Online, eBay, Hewlett-Packard, IBM, Intel, Mail Boxes Etc., Microsoft, Office Depot, Intuit and 3M. Visit sdcmainprod.wpengine.com for more information.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by Stamps.com, including its annual report on Form 10-K/A for fiscal year ended December 31, 1999. Stamps.com undertakes no obligation to release publicly any revisions to any forward looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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