Kleiner Perkins-backed social commerce network Lockerz is debuting a new Pinterest-like self-expression platform, where members can create and share collections of images and videos from anywhere on the Web. But unlike Pinterest, users can actually receive rewards for sharing content, which can be used to get discounts in the Lockerz store.
As we’ve reported in the past, Lockerz revolves around the idea that influencers within a social network can become brand and content advocates and affect the behavior of their friends. The network, which says it is seeing 45 million monthly uniques, is primarily targeted towards men and women ages 13 to 30, attempting to build a community of trendsetters and tastemakers who love to shop, play and connect on the Web. Users can earn points and discounts on brands by sharing content on the site. Founded by Kathy Savitt, a former Amazon and American Eagle Outfitters exec; Lockerz eventually wants to be the go-to commerce homepage for teens and young adults.
Lockerz members earn what the network calls ‘PTZ’ for nearly everything they do on the site, which are used to get discounts on hundreds of products offered in the Lockerz Store. Since its inception, Lockerz members have used nearly 3 billion PTZ for millions of dollars of savings on brands, including 7 for All Mankind, James Jeans, Xbox 360, Nintendo, SkullCandy, Canon, and Olympus.
Collections are created by “grabbing” images and videos from almost any website. Users can do this by downloading a bookmarklet or by posting images and videos manually. Videos can be grabbed a number of online video platforms including Hulu, Vimeo, MTV, VH1, Funny or Die, Comedy Central, CollegeHumor, and YouTube. Users can also grab images from other users’ existing Collections to create their own, which in turns rewards the original creator with PTZ.
While the new self-expression platform draws a lot of similarities to fast-growing online pin board Pinterest, Savitt tells us that the new feature has been in the product roadmap for some time now (perhaps even before Pinterest took off). Savitt adds that Lockerz will be working with brands and celebrities to curate sponsored Collections as well.
Based in Seattle, Lockerz is the leader in rewarded social expression, striving to revolutionize the way the world discovers and consumes product and content. With a membership community of millions in 195 countries, Lockerz rewards its members with PTZ® (points) for engagement and following, including collecting, sharing, shopping and influencing their friends. Members use PTZ to drive down the prices of fashion, beauty, home decor, electronics and entertainment in the Lockerz Store. Lockerz was founded by former technology and...