Overstock Coupons & Savings
Overstock.com (NASDAQ: OSTK) is an online shopping giant that deals in a broad range of products, which include electronics, furniture, kitchen appliances, bathroom fixtures, clothing, cars and jewelry. The site is ranked amongst the top of the list of online retailers, with an Alexa ranking of 679 (Worldwide, 2014) and a rank of #4 in customer service in the American Express Consumer choice awards of 2011. Overstock also owns Worldstock.com, a subsidiary that deals with selling artisan-crafted products from around the world and offers additional unique items. Recently, in February 2014 Overstock was named Compuware’s Best of the Web gold award winner. The Gold, Silver and Bronze awards highlight how each winner sets the industry standard for providing a web or mobile site experience that enhances customer satisfaction.
Dr. Patrick M. Byrne who recognized the potential in liquidating excess inventory through the Internet founded the Utah based mega online retailer back in 1999. Overstock quickly became an online leader in a market valued at $60 billion in the US. Overstock.com’s GAAP revenue has grown from $1.8 million in 1999 to nearly $1.3 billion in 2013. Overstock was recently ranked in the list of America’s 100 most trustworthy companies making its credibility even more prominent amongst the masses.
Overstock Accepts Bitcoin
In January 2014, Overstock started giving International customers the option to pay in Bitcoin, thus becoming one of the first of any major online retailers to accept a cryptocurrency. With this boundary-less payment solution, a customer anywhere on the planet can choose from any of those 2 million items from Overstock and pay with Bitcoin.
Overstock daily (flash) deals
At 10am everyday Overstock discounts the most popular products from each category for a limited time. The discounts can go as low as up to 50%, but customers have to make sure they purchase their favorite items before the countdown timer runs out.
Overstock’s Free shipping
Items worth more than $50 come with free shipping, on orders less than that shipping costs a mere $2.95 regardless of the number of items ordered. Members of Overstock’s loyalty programs such as Club-O can receive free shipping and at least a 5% return in terms of reward dollars for anything purchased through the site.
Consumer Information Portal
With guides ranging from How to keep your kitchen clutter free to what are the Best action packed video games, Overstock’s consumer information portal strives in providing customers with the best possible guides,
reviews and resources to make an informed decision before purchasing a product. The portal can be viewed at O.info
Customer Rewards Program: Club – O (Only for US customers)
Overstock’s Club O rewards program offers you free shipping and a return on a sliding scale from 5% up to 40%. Joining the program usually costs $19.95 per year ($14.95 for renewal,) but is currently available at just $4.95 – in celebration of Overstocks 15 year anniversary. On top of that you also get early access to exclusive deals and dedicated customer service. It merits mentioning here that there’s also a master card specifically for the Club-O program, which can be used to get rebates at select gas stations and 8% rewards at all Overstock items. Club O’s membership is Free if you fall into one of the following categories: US Military personnel, Student or First Responders (Police, Firefighters, Paramedics).
If you can’t afford to shell out $19.95 annually there’s a free Club O lite, which allows you to get rewards up to 2% on some of your eligible purchases. Subscribing to this program is easy, you’ll only need an email and can opt-in here.
How does the reward program work?
Simple, on any item that you purchase through Overstock, you get a specific percentage of the purchase price as reward dollars. Let’s say you order an $100 item and you’re a Club-O lite member, you’ll get $2 as reward dollars. You can then spend these reward dollars for any other item that you purchase; you can even pay for your Club O membership using your reward dollars.