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GankIt.com Offers an Economical Alternative to Amazon

Amazon’s recent 25% price hike for its Prime customers may have some consumers looking elsewhere, as reflected on the company’s forums. GankIt.com (OTCQB: GANK), one of the fastest growing online auction sites, invites Amazon customers to visit its fun and entertaining daily auction website as an attractive option for bargain hunters.

According to Robert Passikoff, founder and president of Brand Keys, a customer loyalty research consultancy, Amazon may have underestimated the negative effect of the membership increase, and could be making some customers second-guess whether the fee is worth it. GankIt is free to join, offers free shipping regardless of item size, and members can enjoy the fun and benefits of huge savings anywhere they use their iPhone, Android device or tablet.

“The torrid growth we have been experiencing is a reflection of U.S. consumers’ pursuit of the most desirable products at affordable prices,” said John Arnold, CEO of GankIt.com. “GankIt invites bargain hunters everywhere to participate in the entertaining bidding and risk-free ‘Buy Now’ options that result in substantial savings while they enjoy the convenience of online shopping.”

The U.S. Census reported online sales topped $263 billion last year, with mobile shopping accounting for roughly 23% or nearly one-fourth of all e-commerce dollars.

GankIt offers the latest electronics and sought-after items from Apple (NASDAQ:AAPL) and others in an e-commerce setting alongside industry giants such as eBay (NASDAQ:EBAY) and Amazon (NASDAQ:AMZN).

To learn more about GankIt, visit www.gankit.com.

About GankIt Corporation (OTCQB: GANK)

GankIt Corporation is a publicly traded company on the OTC Market under the ticker symbol GANK. Headquartered in Houston, Texas, GankIt combines the excitement of the online auction in an e-commerce framework. GankIt.com is an entertaining, strategic and competitive online auction site where users have a chance to win brand new, factory-sealed merchandise. Consumers have fun while they vie for deep discounts on the hottest products, shipped directly to their doorstep.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of any past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.

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