You are here: silicon.com > Networks > WebWatch

WebWatch

Letsbuyit.com celebrates double award victory

By Polly Raymond

Published: 5 June 2000 00:25 BST

Letsbuyit.com scooped two cyber-oscars at the annual New Media Age Effectiveness awards.

The consumer bulk buying company, which has had a tough few weeks braving speculation surrounding job and marketing cutbacks, and the cancellation of its IPO, won one award for excellence in retail and the overall winner award.

Peter Jaco, UK & Ireland managing director for Letsbuyit.com, said the company's success sends a strong message to the new media industry. He said: "It proves there's validity in these business models. They're not all fly-by-night. There's a real solid business model case here."

Dylan Schlosberg, founder of consumer Web site Ybag, which received a commendation in the category for best innovation, said Letsbuyit.com deserves the award for its application of the Internet in the retail sector.

But he added that questions should be raised about the company's customer service track record. He said: "Letsbuyit.com's customer service over the Christmas period was poor and there is some research that suggests prices are not as low as it claims - all of the factors here should have been considered in the award decision."

Other award winners on the night, included: First Tuesday for the best use of communities Excite Mobile for the wireless/mobile category and Ace-quote.com for business-to-business services.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Be the first to rate an airport, win champagne...


  • Jobs
Procurement Consultant / Senior Consultant

The practice carries out consultancy assignments in a number of business areas that include: - 'Classic' strategic sourcing involving the analysis of ...

Are you looking for a challenging sales role...uncapped commission??

Awards, in which we have reached the shortlist in the Sales Recruitment Agency of the Year category.winner to be announced in March). These include: ...

Server Team Leader

Server Team Leader IT Technical Services Bradford, West Yorkshire Excellent plus benefits + Car/Car Allowance Effective leadership of the Morrisons ...

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.





Quick Sitemap Links: