Overstock is an online merchant of a vast selection of designer brands of luxury and high-quality products at reasonable prices. The items include rugs, jewelry, décor, furniture, apparel as well as décor, and outdoor goods. In 2014, it became the pioneer American company to accept Bitcoin as a payment option. Uniquely, Overstock uses the Blockchain to reach a wider audience using the “Dream Homes for All” slogan.
The firm originally operated as D2: Discount Direct, specializing in ecommerce of surplus and returned items. Overly, Overstock has seen tremendous growth since its launch. Currently it earns annual revenue of over $1 billion dollars. Given recent trends, they launched Medici Ventures, a blockchain subsidiary, in 2014 to oversee the t-Zero enterprise.
The merchandise includes top brands of watches, ornaments, jewellery and furniture like coastal, rustic, glam and shabby chic that redefines the rooms to luxurious looks.
Also, the firm retails outdoor, beddings, kitchen as well as beauty products and pet supplies at the lowest prices. That’s on top of apparel and jewellery for people of all ages and gender while offering great discounts on electronics, world stock as well as craft and sewing products.
Management and Employees
The benefits are 401K plans, tuition reimbursement, employee wellness programs, as well as competitive salaries health insurance coverage and onsite café and indoor bike storage.
Awards and Recognition
Overstock is popularly renowned as the best and trustworthy American company. The awards include Ernst and Young Entrepreneur of American Business Award of 2019 as well as The Top 100 Retailers. It has also been recognized by the Web Marketing Association.
Overstock is America’s popular retailer of super quality products, world-class customer experience, prompt delivery as well as pocket-friendly coupons and deals. Its dominance in the market is solely attributed by the growing population of millennials, blockchain technology and its revolution on cryptocurrency.