H2O New Media, a social media company in the Middle East, will launch its new retail and discounting portal www.promosme.com.

The new site intends to match consumers seeking alternative methods to save money with companies offering promotional discounts and special deals online.

Upon free registration, consumers are provided with a host of options that they can use to avail all special offers, promotions and discounts in their area. Vendors and business subscribers pay a nominal flat fee based on 3, 6 or 12 months to post as many offers on to the promosme.com website as they wish.

All discounts on the site are syndicated to a number of popular websites in the Middle East and H2O New Media buys 'hits' for this site using popular search engines such as Yahoo and Google as well as community platforms such as Facebook and MySpace.  Users will also have the option to have discount vouchers sent to their mobile phone and receive notifications, based on their unique location.

“promosme.com was created to address the current financial dilemma faced by consumers and businesses alike. The portal offers brands and retailers opportunity to encourage savings through great discounts and offers to users yet allowing businesses to flourish during these critical times,” said Steve Vaile, chief, H2O New Media.

“We are anticipating over 300,000 visitors per month simply through back linking to relevant sites, partnerships and working with search platforms and social community sites like our Dubai Lime platform.'

'Because consumer satisfaction is rated whether through discounted offering or best customer service, retailers will be able to monitor their customer care level through community feedback,” added Vaile.-TradeArabia News Service