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What I want is for buyers to make a real committment. The major difference between my system and yours is that buyers can say "I don't want to buy it for $1000,
by gridspy 17y ago
What I want is for buyers to make a real committment. The major difference between my system and yours is that buyers can say "I don't want to buy it for $1000, but if it reaches $600, I am in. Here are my credit card details if it does"
[Edit] Is this what all your competitors do too? I didn't mean to remove your point of difference, but perhaps this way works better.
- dejan 17y agoAll competitors do as you say - take the credit card info and store it. Only if price reaches the threshold, then they are charged. I believe a different approach should be tested against, as the resistance to making a commitment is lower. The assumption is that if the price gets discounted at all, that becomes the best offer online.