You may remember Fab.com from when people were posting affiliate links from them to your Facebook feed almost constantly. The company was massively successful as part of the recession-era flash-sale boom, combining discounts with well-curated products. That model led the company to have hundreds of employees and a $1 billion valuation. Then that business collapsed. Now the Fab.com brand has been sold for…well, the companies involved aren’t disclosing how much the final sale price is. [More]
flash-sale sites
Zulily Takes Weeks To Ship Merchandise, And Customers Love It
By 5.7.14
Flash-sale sites are merchants that offer items for a deeply discounted price, for a limited time and in limited quantities. (Woot is an example that most of our readers might be familiar with.) They became very popular during the most recent recession when high-end retailers had piles of merchandise that nobody wanted, but most of these sites have faded…except for Zulily. Why is that? [More]
