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Online Tool Allows EZWatch Shoppers To Haggle

February 4, 2014: 12:00 AM EST
EZWatch, a manufacturer of security cameras and related systems increased its sales in 2013 by launching a customer engagement tool that allows online buyers to name their price. Developed by PriceWaiter, the online tool includes a “Name Your Price” button that lets online buyers indicate a price they would like to pay for a product. EZWatch CEO Ben Cornett said sometimes customers would key in an absurdly lowball price; however, EZWatch is often able to make a counteroffer that the buyer finds acceptable. PriceWaiter dropped the commission it previously charged sellers for using the online tool, but plans to introduce premium, fee-based services.
Paul Demery, "A seller of security cameras beckons online buyers to ‘Name your price’", Internet Retailer, February 04, 2014, © Vertical Web Media
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