Press Release: http://www.prnewswire.com/news-releases/jetcom-launches-to-public-reinventing-e-commerce-300115427.html
Summary:
The press release announces
the launch of a members only shopping club called Jet.com. Jet
differentiates itself on it’s business model, where customers pay $49.99 a year
and get a shopping experience built for saving money- with Jet’s algorithms
giving customer’s recommendations on how to do so. Whereas traditional
ecommerce sites bake revenue into the price of products, Jet.com obtains all their revenues from membership fees. Jet touts their core values: trust, transparency, and fairness, which they state drive their business model and culture.
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