AUSTIN, Texas, March 3, 2011 /PRNewswire/ -- eDoorways International Corporation (Pink Sheets : EDWY ) is working closely with Paddington Media, an Austin based software development company, to implement and offer a Groupon-like feature to eDoorways PowerChannel owners. VoucherHounds, as the software is known, allows eDoorways PowerChannel owners to offer daily offers to their PowerChannel consumers and follows the proven Groupon revenue model.
Paddington Media and Austin based media company, 512 Unscripted, are working together to pilot this new technology within the eDoorways PowerChannels. "We're very excited to be working with Paddington Media to pilot the voucher technology," stated Deborah Toodle, CEO and Co-Founder of 512 Unscripted. "We feel this is a huge value add to the Austin companies we feature on our monthly show." 512 Unscripted also plans to do a feature on Austin based Paddington Media within the next few months.
The VoucherHounds technology will allow eDoorways PowerChannel owners to offer daily Groupon-like deals to their PowerChannel users allowing them to promote their products or services and also generate a revenue split with eDoorways on the sale of the coupons.
For example, if a retail shop has a PowerChannel on eDoorways and wants to promote a special for the day regarding a certain brand of shoes, the offer would appear on their PowerChannel and also any other sites the owner would like to utilize. They could offer a $60 pair of shoes for $40, where the $40 is shared between the PowerChannel owner and eDoorways. The PowerChannel owner can also add their VoucherHounds code to their own website and to other social media sites.
This new technology has the flexibility to appear as a unique service offering from each PowerChannel owner and is fully customizable to each PowerChannel owner's needs. This will give eDoorways the ability to reach out to their customers in a value added way to not only add revenue to the company, but to share that ability to the PowerChannel owners in a proven revenue sharing model.
Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the "eDoorways" (http://www.eDoorways.com) initiative, e-mail a package request to info@eDoorwaysCorp.com. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).
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Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
SOURCE eDoorways International Corporation