Lockerz Delivers on True Social Commerce Experience With New Self-expression Platform and Lowest Prices Anywhere

Lockerz Delivers on True Social Commerce Experience With New Self-expression Platform and Lowest Prices Anywhere

Members Can Now Collect, Share, Influence and Shop While Earning Points (PTZ) for Major Discounts on Fashion, Beauty, Home Decor, Electronics and Entertainment

SEATTLE, Feb. 6, 2012 /PRNewswire/ -- Lockerz, the leader in rewarded social commerce, today introduced its new self-expression platform, where members create and share Collections of images and videos (Decalz) from anywhere on the Web.  Unlike other sharing platforms, Lockerz is the only site that rewards its members for engagement.  Lockerz members earn PTZ for nearly everything they do on the site, which are used to get the lowest prices on hundreds of products offered in the Lockerz Store.  Since its inception, Lockerz members have used nearly 3 billion PTZ for millions of dollars of savings on the most sought-after fashion, beauty and electronics brands.

"Lockerz is about revolutionizing the way the world discovers and consumes product and content," said Kathy Savitt, founder and CEO of Lockerz.  "Collecting and sharing online is changing the way people search, discover, organize, and decide what to buy.  Rewarding these activities, as well as members' influence and following, is where the new Lockerz experience comes in."

Collections and Decalz
Collections are created by "grabbing" images and videos from almost any website, which become Decalz.  Videos can be grabbed from thousands of sites including Hulu, Vimeo, MTV, VH1, Funny or Die, Comedy Central, CollegeHumor, YouTube and more.  Members share their Collections with other users and through social networks.  Users can also grab Decalz from existing Collections to create their own, which in turn rewards the original creator with PTZ. 

Collections are organized into 21 categories, such as Fashion, Love & Dating, Cuteness, Art & Design, and Pets & Animals, to name a few.  Over time, Lockerz will continue to add new ways to earn PTZ throughout this experience.  As always, Lockerz members also earn PTZ by answering "Dailies" (witty and provocative one-question polls), watching videos, uploading photos, inviting friends or just logging in.

The PTZ Payoff
What to do with all those PTZ?  The Lockerz Store has 7 for All Mankind, James Jeans, Ella Moss, Splendid, Michael Stars, Theodora & Callum, Alex & Ani, Jules Smith, CC Skye, Xbox 360, Nintendo, SkullCandy, Canon, Olympus, and many more, available at the lowest prices online for current, in-season merchandise.  See below for a price comparison on popular products currently offered:

                     Item  Top Online Retailer*   Lockerz Price with 500
                                                            PTZ
                     ----  -------------------     ----------------------
    James Jeans Women's
     Twiggy Denim Legging                 $114.00                  $57.00
    ---------------------                 -------                  ------
    Black Orchid Women's
     Jewel Skinny Leg Jean                $118.00                  $59.00
    ----------------------                -------                  ------
    LnA Women's Crew Neck                  $48.00                  $24.00
    ---------------------                  ------                  ------
    Only Hearts Women's
     Miss Brooks Dress                    $143.00                  $71.50
    -------------------                   -------                  ------
    BCBGeneration Gemma
     Wristlet                              $38.00                  $19.00
    -------------------                    ------                  ------
    Original Penguin Men's
     5-Pocket Slim Fit
     Denim                                $125.00                  $39.20
    ----------------------                -------                  ------
About Lockerz
Based in Seattle, Lockerz is the leader in rewarded social expression, striving to revolutionize the way the world discovers and consumes product and content.  With a membership community of millions in 195 countries, Lockerz rewards its members with PTZ® (points) for engagement and following, including collecting, sharing, shopping and influencing their friends.  Members use PTZ to drive down the prices of fashion, beauty, home decor, electronics and entertainment in the Lockerz Store.  Lockerz was founded by former technology and retail executive Kathy Savitt, and is backed by Liberty Media Corporation, Kleiner Perkins Caufield & Byers, DAG Ventures and Live Nation Entertainment. For more information about Lockerz, please visit http://www.lockerz.com.

*Based on prices as of January 26, 2012.

Media Contact:
Eugene Oh
eugene@lockerz.com
(206) 926-3520

SOURCE  Lockerz

Lockerz

Web Site: http://www.lockerz.com