ASCC Investigates New Revenue Model for Social Coupons
August 20 2012 - 4:00AM
Business Wire
The Aristocrat Group Corp. (OTCBB: ASCC) announced today that
the company is exploring a new revenue model that could
revolutionize the online social coupon industry.
TheFancy.com is a new social site similar to Pinterest that lets
users flag up things they like online, like a photo blog for
commercial products. The service also lets users purchase what they
find online, delivering built-in support for e-commerce.
TheFancy.com then collects 10 percent of each transaction's
value.
“This is a new social model for e-commerce that we believe could
change the way people shop online,” said ASCC CEO Cindy Morrissey.
“By allowing consumers to pin and share coupons, we can potentially
incentivize social couponing in a way that’s never been tried
before.”
The company’s research indicates that women control a majority
of household spending, and ASCC is committed to capitalizing on
what Morrissey calls a growing opportunity in providing online
coupons for goods and services related to health, parenting and
even dating.
Social couponing sites have enjoyed tremendous growth in recent
years, highlighted by Groupon’s (NASDAQ: GRPN) blockbuster IPO.
ASCC is dedicated to delivering powerful new social tools for women
in a growing industry alongside companies such as Gaiam, Inc.
(GAIA), LinkedIn Corp. (LNKD) and Pandora Media Inc. (P).
For more information on ASCC’s motherhood services initiative,
please
visit http://www.aristocratgroupcorp.com/old/investor.html.
Follow ASCC on Twitter
at http://www.twitter.com/AristocratGroup.
About the Aristocrat Group
The Aristocrat Group
Corp. (www.aristocratgroupcorp.com) is a women’s lifestyle
company that aims to make the transition into parenthood smoother
and more rewarding than ever before. Our smart growth initiatives
will position us as the premier resource for prenatal and
postpartum resources. For more information on our business plan,
please
visit http://www.aristocratgroupcorp.com/old/investor.html.
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