Overstock is an online retailer that started out selling products that were left over from other sellers - although it sells new stuff as well now.
All about Overstock
Overstock, or overstock.com, is an online store that sells home goods, including furniture, bedding, decor, and more for all rooms in your house. The original idea was to sell products that other stores had overstocked or items that had been returned, so that they'd be able to offer their shoppers extra-low prices. Today, they also have products that are specifically made for them - but still at low prices.
You can often get even lower prices on products from Overstock (just look at all the offers we have right here on Tiendeo!). You can also sign up for their newsletter to receive the latest Overstock coupons. And don't forget to check out the "Flash Deals" and "Clearance & Liquidations" sections of their website, which are both great places to find the very lowest prices.
The history of Overstock
Overstock.com was founded by Patrick M. Byrne in 1997, although he didn't launch the company fully until May of 1999. They started offering online auctions in 2004 in their Marketplace, although they stopped offering this in mid-2011.
At first, the company grew just by using word of mouth from their happy customers. They did start doing television ads too, and used a series of spokespeople.
In 2014, they became the very first major retailer that chose to accept payment in bitcoins, and saw a 4.33% increase in sales on the first day this became available.
Overstock celebrates its sweet 16 with 16 fun facts about the company
Overstock.com did something special to celebrate its sixteenth anniversary as a company - they shared "16 Sweet Facts About Overstock.com." They officially demeed the celebration "Overstocktober" and rewarded their customers with more savings and extra loyalty rewards dollars.
Here are a few of the most interesting of the facts:
Their founder is a heli-skier, skydiver, jiu-jitsu practicer, Marshall Scholar, three time survivor of cancer, doctor of philosophy, and a philanthropist. Phew!
Overstock is older than Facebook and YouTube.
Their ads have been featured or parodied on television show 30 Rock and in the movies I Heart Huckabees and The Calling, as well as in a Dell ad and as a trivia answer on both Pawn Stars and Jeopardy.
The website sponsored a parapalegic woman to climb Mount Kilimanjaro, and helped her become the first female parapelegic to do so.
Click on over to the article to find out the rest of the fun facts!