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“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.