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Beyond Stores Engages Savvy Shoppers With PriceWaiter
Using PriceWaiter, consumers are able to suggest a new price for a specific product. If consumers like an item, but can’t afford the price, they click the “make an offer” button
“Name that Price” option boosts conversions for SmartFurniture.com
Since launching the “Name Your Price” feature from PriceWaiter, the retailer has increased its shopper-to-buyer conversion rate by 3% to 5%, CEO T.J. Gentle says.
3 Behavioral Economics Principles Every Online Shop Must Master
However, a new startup called PriceWaiter is bringing haggling back to e-commerce, and it’s bringing a refreshingly human element to the online marketplace.