This online marketplace and retail platform allows customers to pick the price of their tech devices and connect them to retailers able to provide products at their chosen price.
There is a three step process for Greentoe users. After selecting their desired items -- from cameras to kitchen appliances -- they choose a price they are ok with paying. Greentoe lets their retailer network know about the offer. The first one to accept gets the business.
If an offer is accepted, the retailer covers the tax, shipping costs and delivery. If an offer goes unanswered, buyers can adjust their price and make a new bid. The retail platform takes the form of an iOS app as well, so making offers is even more convenient.
The marketplace helps retailers get rid of stock while consumers get more influence when it comes to pricing.