It has been only six months since Dutch Auction shopping site Pricefalls.com announced their public beta release, and already the company has made considerable progress in becoming a well-known marketplace and alternative to Amazon and eBay.
âUnlike many large marketplaces we focus on the needs of businesses that list with us. We put emphasis on time efficiency, easy product management, and most of all return on investment,â said founder and CEO Elliot Moskow. âWe believe the key to success is offering what others do notâan emphasis on open and direct communication with sellers and buyers.â
Each corporate store owner on Pricefalls gets benefits like free store setup, unlimited free listings, assisted product listings by a Pricefalls representative (meaning they will personally list the initial 30 products for any store), free product exposure options, fee discounts, and 24/7 customer support with a dedicated account supervisor for every store owner.
âThey will guide you through the entire setup,â said Bijan Kohan, owner of a company called Wireless Experts. âThere is always someone there to help if you have any questions. Pricefalls is the way to go.â
Last year the company had a successful seed-funding round that secured over $400K from private investors to develop the platform. Since then, Pricefalls has made tremendous enhancements in usability, site features, and overall performance.
Pricefalls is an online reverse auction site that serves as a complete online marketplace for consumers and merchants. Pricefalls is unique through its use of a âDutch Auctionâ or descending pricing model. Using this model, items up for auction on the site start at a predetermined price ceiling and drop throughout the bidding period. This helps consumers get the best deals, while also enabling merchants to get more for each item they sell through Pricefalls. For more information please visit www.Pricefalls.com.