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When haggling and e-commerce collide
PriceWaiter’s entire business rests in this price-naming tool. Consumers click the tool on it, name the price, and this information gets relayed to the merchant.
Consumers May Soon Be Able to “Name Their Price”
…wouldn’t it be nice if you – the consumer – could identify during this process what price you want to spend on the item you want to buy? This is the goal of PriceWaiter…
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.