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May 24, 2011 01:09 am GMT

SneakPeeq Is The Social Shopping Mall Where As You Shop, The Price Drops

It's no secret that e-commerce is growing like gangbusters. Last year alone, consumers spent a $142 billion on online retail spending. SneakPeeq, a startup launching today at TechCrunch Disrupt, aims to capitalize on this booming market, but adds a social twist. SneakPeeq gets high end fashion brands to sell in season or upcoming items on the site, and somewhat aims to replicate the experience of shopping for items in a retail store. So similar to the way you flip over a price tag to look at the cost of at item at a store, SneakPeeq doesn't tell you the price instantly when you visit a product's landing page. You click a "Peeq" button to find the price, and every time you "Peeq" at the price it goes down, but once somebody buys the item, the offer goes away.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4yMm7_q6bdU/

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