Saveful Launches, Helps You Discover Amazing Deals on Popular Products – January Press Release
- Founded by a Stanford graduate, Saveful uses advanced software to test all discount combinations and display the best price on millions of products.
- Consumers can now take the guesswork out of shopping by seeing the price they’ll actually pay at checkout after sales, coupons, and shipping fees.
February 11, 2015 – San Francisco based Saveful has announced the launch of its e-commerce platform, which aims to modernize the way consumers comparison shop online. Founder and CEO Nick Porfilio has lead the company in developing an algorithm that calculates a product’s cost inclusive of shipping fees, coupon codes, and sales.
Saveful does this by surveying different top retailers, including Amazon, Walmart, Target, Kohl’s, Sears, and Macy’s to combine sales with discounts and shipping costs to find the lowest prices on millions of items. The site organizes products by category, and distinguishes itself with carefully curated lists – such as kitchen essentials – that make saving money on common purchases even easier. Shoppers can also search for specific products, create their own shopping lists, and set alerts that automatically notify them when an item’s price drops.
“The savviest frugal shoppers have been doing this for years,” said Porfilio, “they combine coupon codes with sales, rebates, free-shipping offers, credit card cashback savings, and sometimes even ‘used’ gift cards to guarantee they get the best deal. They even make money on some purchases!” It’s a proven method, but the process can be confusing and tedious to the inexperienced. “We created a way for consumers to take advantage of the money-saving systems that the experts use, without having to put in all the time and research,” Porfilio said.
Consumers can look through millions of products and compare the lowest prices from retailers, read product descriptions, and see reviews directly on Saveful. The site also features a credit card section that organizes and identifies the best credit cards currently available. Cards are grouped into helpful categories, such as low-interest, hotel, small business, and no annual fee.
“Credit cards can either be a blessing or a curse depending on how they’re used. With our credit card guide and blog, we hope to inform the public on how to make intelligent credit decisions and reap the benefits that can come from a rewards card,” explained Porfilio.
Saveful hopes to be a driver in the continued dominance and growth of e-commerce while ensuring a better experience for online shoppers for years to come. E-commerce in the US is on track to grow from $263 billion in sales in 2013 to $414 billion by 2018, according to Forrester Research Inc. With its advanced technology, Saveful will take e-commerce savings to the next level as well.
Founded in 2013 by Stanford graduate, Nick Porfilio, Saveful is a comparison shopping site that allows consumers to find the best price for products from top retailers after stacking all available sales, coupons, and free-shipping offers.
Name: Nick Porfilio