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Contact: Brian Waldron
ALPHABUYER BRINGS GROUP BUYING FOR MONTHLY BILLS TO NEW YORK & NEW JERSEY; SEES STRONG INVESTOR INTEREST
Supported by strong May results and an Angel Round investment, the company will offer money-saving electricity and natural gas deals to an additional 10 million residents
PAOLI, PA - June 6, 2011 -- Alphabuyer, the new group buying company that has helped Pennsylvanians save on their electricity and natural gas bills, is expanding into New York and New Jersey, making its services available to an additional 10 million households. The company plans to roll out electricity and natural gas offers to residents in the Jersey Central Power and Light, Atlantic City Electric, PSE&G, ConEd, Long Island Gas and North Jersey Gas regions. Consumers who switch energy suppliers using Alphabuyer.com can save significantly on energy bills by pooling their buying power to achieve better rates and terms than they could obtain on their own.
So far this year, thousands of Pennsylvania residents have used Alphabuyer to lower their home energy costs.
"Pennsylvanians across the state are now benefitting from lower rates and better terms and conditions, harnessing the collective purchasing power of their friends and neighbors via group commerce," said Alphabuyer CEO Kevin Johnson.
Additionally, Johnson confirmed that Alphabuyer has received an investment from a number of private “Angel” investors, which will allow the company to expand more rapidly over the coming months.
SCHEDULE FOR NEW DEALS
Today, Alphabuyer launched a new series of money-saving electricity and natural gas offers for consumers across Pennsylvania. Going forward, Alphabuyer will launch new offers on the first Monday of every month, with offers for residents of New York and New Jersey launching on July 4th.
“We’re excited that, on this Fourth of July, more than 10 million consumers in Pennsylvania, New York and New Jersey can gain some independence from their electricity and natural gas supplier,” added Johnson.
Alphabuyer will soon be adding offers in other product categories, such as cable, Internet and mobile phone service. According to Johnson, the company’s goal is to help consumers reduce all of their monthly household expenses by 10-15%. “The power is in the group,” states Johnson.
HOW ALPHABUYER WORKS
Alphabuyer negotiates with suppliers to offer groups of consumers the most competitive rates on their monthly bills, such as electricity and natural gas. An advocate for consumers, Alphabuyer not only lobbies for the best rates, but also the best options and features like no cancellation fees, upgradable agreements and no hidden fees.
Alphabuyer then presents consumers with the best deals at the beginning of every month. Residential consumers can simply go to www.alphabuyer.com and enter their zip code to view all offers available in their area. As more people sign up, the savings increases for the entire group.
Alphabuyer works because everyone wins. Consumers benefit by saving money. Suppliers benefit because Alphabuyer delivers large groups of new customers at lower costs than other marketing channels.
Each offer is available for a limited time but the company is constantly adding new offers and product categories. Consumers are encouraged to become a registered “alphabuyer” by providing their email address so they can get first dips on each new money-saving opportunity.
MORE ABOUT ALPHABUYER AND ITS TEAM
Located in Paoli, PA, Alphabuyer is a new internet-based group buying company that helps customers get the best possible rates, options and terms for services they pay for each month. Alphabuyer’s mission is to move group buying toward savings in areas where customers are already spending. Their focus is on significant but under- serviced markets like energy, mobile phone and cable/internet services that have not been introduced to the purchasing power of the group.
Alphabuyer is led by its founder and CEO Kevin Johnson. Mr. Johnson founded Dryden Procurement Technologies, LLC, a cost containment company that has helped Fortune 100 companies spend more efficiently. Alphabuyer’s other executives are experienced in developing transaction e-commerce business to consumer websites and are experts in platform operations, globalization, consumer behavior, web analytics, product development and social media. Joining CEO Kevin Johnson on the management team is CMO John Raisch, who has significant e-commerce experience from working at GSI Commerce and CDNOW. For more information on Alphabuyer or offers in your area, please visit www.Alphabuyer.com.