PriceWaiter

includes PriceWaiter Marketplace

9 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Sep 16, 2019 by Stephen Culp · said 23 times in 1 episodes since 2019 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (14), Stephen Culp (9)

mentionsepisodesper episode tap a year for its mentions

2019 23 mentions in 1 episode

1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6% Sep 16, 2019 · 23 mentions · from 0:00
every mention in 2019, scene by scene →

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Everything said about PriceWaiter, oldest first

Sep 16, 2019 neutral

Insight

Culp: Online shoppers negotiate prices for the sport of winning

“They like the win. They like the sport.”

Stephen Culp Sep 16, 2019 ▶ 17:58 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 neutral

Assertion Not checkable as stated

Pricewaiter counts around 400,000 users for its legacy SaaS product

“We have about 400,000 users of our prior our phase one SAS product.”

Stephen Culp Sep 16, 2019 ▶ 4:46 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 positive

Assertion Not checkable as stated

Retailers report PriceWaiter drives incremental revenue without cannibalizing existing sales

“It turned out that the revenue that retailers were earning through the SAS product They themselves classified as accretive or incremental revenue, meaning not cannibalizing their existing sales on top of their existing sales.”

Stephen Culp Sep 16, 2019 ▶ 12:47 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 positive

Insight

PriceWaiter secures incremental sales at smaller discounts than merchants typically expect

“The retailer gets a sale they wouldn't have had before, most of the time at a discount less than they would have been willing to offer.”

Stephen Culp Sep 16, 2019 ▶ 15:00 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 neutral

Disclosure

Culp: PriceWaiter has raised a couple of million dollars

“A couple of million.”

Stephen Culp Sep 16, 2019 ▶ 19:24 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 positive

Assertion Not checkable as stated

PriceWaiter commissions undercut traditional paid advertising or affiliate fees

“Almost in every case, it's going to be better than what they would have paid had they paid for ads or then some sort of affiliate arrangement or whatever.”

Stephen Culp Sep 16, 2019 ▶ 12:03 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 neutral

Disclosure

Culp: Pricewaiter charges zero to consumers and monetizes via retailer commissions

“A revenue model is we take a commission on the sale, so the consumer doesn't pay anything, the retailer pays us, but it's absolutely worth it for them because they have no cost of acquisition whatsoever.”

Stephen Culp Sep 16, 2019 ▶ 1:16 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019

Insight

Stephen Culp argues blanket retail sales leave significant profit margins behind

“Versus let's just say a Black Friday sale or a clearance page where they're generally just guessing a discount level that then applies to all all of the products they're selling for that level. And they're probably leaving margin on the table.”

Stephen Culp Sep 16, 2019 ▶ 8:37 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

Sep 16, 2019 positive

Assertion Not checkable as stated

Culp: Pricewaiter has processed approximately 100,000 orders

“We've had about a 100,000 orders go through”

Stephen Culp Sep 16, 2019 ▶ 17:03 1514 They Gamify Price Negotiations for Consumers, $100m in Sales, They Take 2-6%

PriceWaiter

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