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MerchantCircle Launches the Web's First Marketplace for Local Business Owners to Cut Expenses
Sep 03, 2008 (08:09 AM EDT)


LOS ALTOS, Calif., Sept. 3 /PRNewswire/ -- MerchantCircle, the largest online network of local business owners in the nation with 575,000 members, today announces the launch of "Merchant Marketplace". MerchantCircle members will have the opportunity to cut expenses while buying products from Fortune 500 companies at the lowest possible costs. The "Merchant Marketplace" gives business owners access to special offers from national brands.

"A lot of my business neighbors haven't been so lucky as the economy slows down. I've been able to use MerchantCircle to get new customers and keep my existing customers coming in with new online promotions," says Chuck Bruce, Bruce's Sew Handy in Coarsegold, CA. "Now with the 'Merchant Marketplace', I can find deals for myself from American Express, AT&T, Office Depot, HP -- that will allow me to save money on expenses so that I have more money to take home each month."

"It's a difficult time to be a business owner right now with the down economy," say Darren Waddell, Vice President of Marketing, MerchantCircle. "Consumers are reluctant to spend, gas prices are going up and business costs continue to rise. That's why we want to help business owners, not only to find new customers, but also to cut their business costs. We're leveraging the buying power of 575,000 local merchants to offer the best deals all in one place."

MerchantCircle aims to help local business owners cut expenses, grow their business, and take home more money at the end of the day. For national brands, the program gives unique access to 575,000 hard-to-reach local businesses across the nation.

To see all the companies involved in the Merchant Marketplace, go to: http://www.merchantcircle.com/corporate/blog/ .

Existing MerchantCircle members can take advantage of great deals from national brands at: http://www.merchantcircle.com/merchant/marketplace .

If you're interested in becoming a member of the Merchant Marketplace, where you can market to the nation's largest online network of local business owners, send an email to: BD@MerchantCircle.com.

About MerchantCircle

Founded in 2005, MerchantCircle is the largest online network of local business owners in the nation, combining social networking features with a customizable web listing that allows local merchants to attract new customers. More than 15 million MerchantCircle business listings across the country are easily accessed on major search engines.

Currently, over 575,000 merchants on the MerchantCircle network upload pictures, blog, create coupons and newsletters, and connect with other merchants. In addition to its free services, MerchantCircle offers a portfolio of online advertising services including Search Engine Marketing, Website Directory Submission, Web Content Creation, and Business Verification. MerchantCircle has attracted nearly 8,000 paying customers since launching a suite of advertising services in December.

MerchantCircle is located on Main St. in downtown Los Altos, Calif., and is funded by Rustic Canyon Partners, Scale Venture Partners, Disney's Steamboat Ventures, and Citysearch, a property of IAC. Learn more at http://www.merchantcircle.com .

CONTACT: Kevin Leu of MerchantCircle, +1-858-361-4407, Kevin@MerchantCircle.com

Web site: http://www.merchantcircle.com/