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Newsbit
Story Filed: Wednesday, December 22, 1999 8:10 AM EST
SALT LAKE CITY, Dec 22, 1999 /PRNewswire via COMTEX/ -- Neighborhood Box Office, Inc. (NBO) http://www.nbo.com located in Salt Lake City, UT has launched one of the largest Gift Certificate Internet Sites in the United States. NBO currently has exclusive agreements with 48 regional shopping centers in 15 states, as well as over 6,000 local, regional and national retailers, offering hundreds-of-thousands of products and services.
Gift Certificates have become a huge part of gift giving and now consumers may purchase Gift Certificates from the convenience of their homes or businesses with a click of the mouse at NBO.com, with a toll-free call to 1-(877) ALL-GFTS (255-4387), visiting customer services centers at participating shopping centers, or by visiting a touch-screen, interactive kiosk in retail locations across the United States. With NBO.com it is no longer necessary for customers to travel to their favorite retailers. They can simply visit NBO.com, shop, click and purchase Gift Certificates online. Gift Certificate categories include 48 regional shopping centers and traditional specialty retailers with products ranging from Sky Diving to Scuba Diving, Balloon Rides to Bed & Breakfasts, Harely's to Hotels, and hundreds more.
NBO's Gift Certificate Program expands each retailer's distribution options for selling gift certificates. What has traditionally only been available in the retail store, is now available on the Internet, via the telephone, or through a strategically placed touch-screen interactive kiosk network. NBO's aggressive advertising campaign includes: Radio, newspaper, trade journals, bus boards and creative mobile advertising signs.
According to Keith A. Guevara, Chairman/CEO of NBO, Inc., "With the NBO Gift Certificate Program, retailers enjoy greater exposure and distribution for their Gift Certificate programs. Gift Certificates have always been available at the store, but now consumers have other convenient options for purchasing. The NBO program allows retailers to enjoy the benefits of Internet exposure while protecting the customer's personal shopping experience at the store. With the NBO program, everyone wins."
The current U.S. gift industry generates more than $200 billion per year. According to recent estimates, Gift Certificates sales have been growing at an annual rate of 11% to 15% since 1993 with a market size of $12-$15 billion. Source: The Los Angeles Times, "Stores Come Calling With Prepaid Gift Cards ..." October 30, 1998.
Neighborhood Box Office, Inc. was organized for the purpose of developing, marketing, owning and operating transactional-based Kiosks which sell Gift Certificates and event/entertainment tickets. NBO's proprietary Gift Certificate and Ticketing Software System has been developed with state-of-the-art technology that will revolutionize the gift certificate and event/entertainment ticket industries, as they are known today.
SOURCE Neighborhood Box Office, Inc. (C) 1999 PR Newswire. All rights reserved. http://www.prnewswire.com
CONTACT: Luther G. Perkins of Neighborhood Box Office, Inc., 801-328-8476, [email protected] WEB PAGE: http://www.nbo.com
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