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| Startup Name | PriceWaiter |
|---|---|
| What problem are you solving? | For retailers, selling is expensive and inefficient. Retailers (1) lose 98% of traffic they pay for, (2) enlist third-party sales sites who accelerate a side-by-side race-to-bottom, and (3) are hostage to M.A.P. (minimum advertised pricing). For consumers, they want a “win”, to get a preferred price from a merchant they trust. With PriceWaiter, both sides win, saving time and money, and building loyalty and trust.PriceWaiter’s “Name Your Price” platform improves customer engagement (25%+), conversion (19%+) and average order value (8%+) and works on any retailer’s website. Multiple retailers have added $1M+ revenue through PriceWaiter, and done so without hurting existing sales. |
| What is your solution? | PriceWaiter’s goal is to help retailers sell more, and shoppers buy more, starting with a “Name Your Price” button that works on any product page for any website. Backed by a syndicate of leaders in e-commerce, conversion, analytics, and high-growth ventures, we’re here to make shopping more efficient for everyone. |
| Target Market | Businesses |
| How will you make money? | Freemium |
| Tell us about the market & founders, why is this a great opportunity? | Stephen Culp Co-Founder, CEO Stephen is a Co-Founder of PriceWaiter, Delegator.com, and SmartFurniture.com (which uses PriceWaiter), and a believer in entrepreneurs, both for-profit and non-profit. A former U.S. Navy Reserve Officer, Peace Corps Volunteer, and attorney, Stephen started his first e-commerce company in 1998 in a Stanford professor’s garage. He studied at UNC-Chapel Hill, Stanford Law School, the Stanford Center on Conflict and Negotiation, l’Université de Paris VII, and the Institut d’Etudes Politiques in Paris. Stephen is also focused on helping to find a cure for cystic fibrosis.Andrew Scarbrough Co-Founder, COO In addition to founding PriceWaiter, Scarbrough is the Co-Founder and COO at Delegator.com. With a background in web analytics, SEO, ecommerce, and ping-pong, he has played a significant role in the development and execution of successful SEO, e-Commerce and web marketing strategies for companies both large and small. Matt Bain Mike Estes Ted Alling |
| Founders Names | Dirk Unkle |
| Founders Email | NA |
| What type of funding has the company received? | NA |
| If you have a press kit or image gallery please provide a link (optional) | NA |
| Website | www.pricewaiter.com |
| Twitter Handle | www.twitter.com/pricewaiter |
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