**UPDATE** as of End of May 2012: It has been published that a good amount of this deal could not be fulfilled and therefore purchases returned to customers. The volume of this deal is therefore not as stated in the original post below.
As we all know, product deals are becoming the norm across the industry. Some have done extremely well while other have simply caused headaches for deal site, suppliers and consumers alike. Over the next couple of weeks, the industry will see a large amount of products sold through deal sites due to Mother’s day…and then Father’s Day.
This past week, for instance, saw Dealfind promote a 6 piece cordless Tools set from Dewalt for $299, regular price $650.
It sold out at 1990 orders. They could have sold more. Total sales for this one item: , that is $595,010. We believe that is the largest product sale by a deals site in Canada this year so far.
Dealfind brokered the deal with a site called shoplessproducts.com. It seems they are an industry supplier more than an ecommerce store. Nevertheless, they are the online store of record for this sale and will be shipping direct to consumers.
With sales volumes this large, it is easy to understand why deal sites are hurrying to offer product deals to their database.
Given the success of this sale, look for a lot more tools to be sold going forward (especially for Father Day) by deal sites. No doubt Shopless Products will receive plenty of phone calls from deal sites.