PriceWaiter Helps Online Shoppers Pay What They Want
Justin Lam — December 3, 2018 — Business
References: pricewaiter & cnet
The art of haggling has been slightly lost in the era of online shopping, but PriceWaiter is hoping to bring haggling back into the modern world. Designed as a plug-in for Chrome and Firefox, PriceWaiter lets users bid on various online stores. To make a bid, users just need to enter the amount they would like to pay, then just sit back and wait. The price offered by the buyer will then go out to PriceWaiter vendors, who can respond with a discounted price for the same item.
On top of offering considerable discounts, PriceWaiter will also offer newcomers $15 back for their first successfully negotiated order of $25 or more. This credit is being run as a limited time offer and will run until December 31st, 2018.
Image Credit: PriceWaiter
On top of offering considerable discounts, PriceWaiter will also offer newcomers $15 back for their first successfully negotiated order of $25 or more. This credit is being run as a limited time offer and will run until December 31st, 2018.
Image Credit: PriceWaiter
Trend Themes
1. Online Haggling - Opportunities for online marketplaces to incorporate haggling into their websites to increase customer engagement and satisfaction.
2. Price Negotiation Plug-ins - The development of plug-ins for popular web browsers that allow users to negotiate prices on a variety of goods sold online, resulting in increased customer loyalty and repeat business.
3. Interactive Shopping Experiences - The creation of interactive shopping experiences that allow customers to negotiate prices with retailers, thereby improving customer satisfaction and increasing sales for retailers.
Industry Implications
1. E-commerce - E-commerce companies can consider implementing haggling plug-ins on their websites to provide customers with a unique and interactive shopping experience that will set them apart from competitors.
2. Retail - Traditional retailers can integrate haggling tools into their online stores to provide their customers with a more personalized and satisfying shopping experience, potentially leading to increased repeat business and sales.
3. Software Development - The development of innovative software tools that enable customers to negotiate prices with online retailers in real-time, offering opportunities for developers to create new and disruptive technologies in this space.
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