FreeOverstock.com is a Start-up website owned by New Venture Company claiming to give away overstock merchandise for absolutely nothing! It’s not just free fonts or screensavers, it gives away valuables like toasters, MP3 players, and jewelry.
If you’re wondering what’s the catch, self-described “webpreneur” and founding partner Sarkis Chakarian says “someone does pay for our products. But it’s not the consumer.” According to him, retailers and wholesalers alike pay his company to offload products they can’t afford to keep on shelves.
“It might sound crazy that a company would pay to give away its products, but not when they’ve been laying around for a few years taking up precious warehouse space. In the long run, it’s actually cheaper to unload it,” said Sarkis.
Consumers can order any number of products displayed on FreeOverstock for absolutely nothing but they should pay a nominal shipping and handling fees.
Originally posted on November 9, 2007 @ 2:57 am
The concept sounds like great if you are not looking for the newest thing out there. One problem though when I just tried to launch the site, I got this message “….FreeOverstock.com domain will no longer be used by our company. It will be repl…” Not a great start.
Please see the following article regarding freeoverstock.com:
http://www.send2press.com/newswire/online_stores/2007-11-1113-004_3446.shtml