You must have already heard about Smack Deal events that JellyFish is carrying out to lure visitors to their shopping portal. TechCrunch was all over it last Monday. A very cool idea and a neat marketing trick. Bravo JellyFish! Let us look at a couple more web sites that use a similar concept.
WaitYourPrice lunched in July this year by Joshua James — an entrepreneur from North Carolina. It sells a limited quantity of the same items at a price that drops throughout the sale until the inventory is depleted. The items for sale are usually electronics and gadgets. Today’s sale was a Seagate Barracuda SATA 320GB hard drive and the last one sold for $83.68.
Shipping is at flat-rate, free, or calculated with the charges displayed before finalization of the order. WaitYourPrice also has forums where you can discuss current or check out past deals.
The web site looks pretty plain and the forums are not busy at all. It almost seems like Joshua is the only one running the operation.
zeeDive sells not one but multiple items with the prices going down as you shop. Most items have a reserved price which limits how low it can go — but some don’t. As I am writing this a 4-Shelf LCD/Audio Cabinet retailed at $349.95 has gone to $0 with no buyer in the view (s/h was $50).
You can buy the item right away or you can set a price and if it falls low enough and no-one buys it before you then the item is yours. Shipping charges are displayed at the item details page.