GroupPrice

GroupPrice
Type of site
eCommerce
Available inEnglish
FounderVan Jepson
LaunchedNovember 30, 2010; 15 years ago (2010-11-30)
Current statusOnline

GroupPrice was a business-to-business deal website that sells discounted software and services for small to medium-sized Internet centric companies. GroupPrice enabled online merchants to advertise their products and services to a target audience of small businesses.

The company targeted businesses with an online presence up to 25 employees and up to $10 million in annual revenue. GroupPrice took a commission from each purchased deal and passed the sale to the merchant with new customer information.

GroupPrice sold software and services to American small businesses and differs from the business-to-consumer daily deal model made popular by Groupon including; no local deals on food or entertainment, no minimum number of sales needed before a buyer can have access to the deal, and no time limit tied to the deal.

History

GroupPrice was founded by Van Jepson in June 2010 in Redwood City, California.[1]

The company was self-funded with $30,000 before several advisors turned into investors and completed a seed round of $285,000 in July 2010.[2]

It launched on November 30, 2010.[3]

Awards

GroupPrice was named one of Entrepreneur Magazine's top 100 Brilliant Companies in 2011 in the Startup-to-Startup category.[4]

References

  1. ^ The Groupon for Small Businesses. 15 June 2011 – via Fox Business.
  2. ^ Ho, Sharon (13 April 2011). "GroupPrice targets small business with daily deals". Reuters. Archived from the original on 17 April 2011.
  3. ^ "GroupPrice Launches Group Buying for Small Businesses" (Press release). PR Newswire. November 30, 2010.
  4. ^ Wang, Jennifer (24 May 2011). "How Betterworks Is Helping Startups Perk Up Their Perks". Entrepreneur.

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.