Happenings at Pricefalls.com!

Hey readers!  Long time no post!  I sincerely apologize for my lack of updating these last few days but business at Pricefalls Headquarters has been busier than ever!

However before I dive right back into my postings I may need to take a step back.  Since our promos on giveaway site AnyLuckyDay.com have resulted in a large increase in our Fan/Follower base I believe it may be necessary to re-introduce myself.  My name is Joshua Weaver and I am the Director of Communications at Pricefalls, LLC and author of this blog.  To be completely honest, what you will experience on this blog will vary and range from internal Pricefalls updates to social media/world news, and everything in between.

(As a quick plug don’t forget you can follow me on Twitter @JweaverLVD.  You can also follow life at Pricefalls HQ on Twitter @Pricefalls as well as on Facebook at www.facebook.com/Pricefalls)

As I mentioned above these last few days at Pricefalls.com HQ have been quite busy; filled with the completion of long-awaited projects as well as the inception of new ones.  While unfortunately I cannot release specific details of all of these projects I can tell you about one that I am currently working on!

As a new Pricefalls user or follower you may not be aware but Pricefalls.com is an online marketplace made up of over 225 merchants all across the United States.  Our merchants range from individuals to Internet 500 corporations and everything in between.  We list everything and specialize in customer service.  In these past few months, I have rediscovered my deep infatuation of Deal of the Day type sites like the infamous Woot or outdoorsy SteepandCheap and have convinced my colleagues that Pricefalls needs to incorporate these single deal sites as well.

After a trial and error period with a few sites the response from our sellers and consumers became hard to ignore and the planning of a purely Deal of the Day section of Pricefalls was given the green light!  While I can’t yet vividly describe the make up of this section, what you can expect is a large collection of Deal of the Day stores each hosting their very own special deal at a rock bottom cost!

Tell me what you think in the comments section below!

Until next time buyers, sellers and friends!

Sincerely,

Josh *theLVD Weaver

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Here we come to save the day!

“One man’s loss is another man’s gain” or in this case ‘One larger company’s mistake is another smaller company’s gold rush’.  Mack daddy of all auction sites and bane of our existence, eBay, has released information about their newest update to seller’s fees that has their users in an uproar.

For those not steeped in the ways of eBay, until recently they have only ever charged commission on the item’s price excluding shipping and insurance.  While their reasoning, “to give buyers more reasons than ever to shop…with confidence in reasonably priced shipping”, may make business sense on paper, in reality these additional fees have the ability to run a huge number of smaller eBay sellers out of existence while protecting Power Sellers.

As soon as this news was released the eBay forums lit up with a plethora of angry responses.  One of my favorite responses reads: 

“I just listed my very first items for sale this week – only one auction ended so far but I’ve had years of buying. I can’t help but agree and think that I just arrived to a party just as the parents arrived home and sent everyone but their own kids home! To even try and frame this as good news is ridiculous…but looking at the bright side, I arrived late but still managed to get screwed before leaving!”
In the end there is a silver lining to this dark eBay shaped cloud, and that silver lining is called Pricefalls.  Take just a moment to compare fees on Pricefalls to those found on eBay.  Our Final Value Fee of 4.5% is a fraction of what is found on our competitor and although our subscription fee of $50 a year is not shown compared to eBays up to $300 a month, Pricefalls again is a much better option.

Until next time buyers, sellers and friends!

Sincerely,

Josh ^theLVD Weaver

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YouTube, Rum and a Pricefalls Personality Search!

As an Internet marketplace naturally the team at Pricefalls.com spends the entire day online.  This healthy/unhealthy practice undoubtedly results in stumbling across some of the more interesting of Internet memes and personalities.  Most recently the video SunnyD and Rum has plunged the office into a fit of auto-tuned craziness. However, all tooth-lessness and booze aside, the popularity of internet memes and personalities are making companies take a second look at their online presence.

No company realizes and benefits from the popularity of these personalities as much as their host YouTube.  As an example, as reported by Co-Editor of Mashable.com Ben Parr, “YouTube is launching another campaign to cultivate original quality content on its servers, promising to invest $35,000 in up to 25 of its partners.”

This program, aptly named YouTube NextUp, does not focus on personalities that have gained a following (in fact if you have over 300,000 subscribers you’re disqualified) but instead focuses on “accelerating the growth of the next big YouTube star[s]”.

Other companies are doing very similar programs and allowing personalities to ‘audition’ for parts as social media correspondents.  These brands are beginning to understand the point I’ve brought up in a previous post.  Viral personalities are becoming the next face of advertising.

Who do you think would make a good Pricefalls personality/spokesperson?  If you give me a name I will contact them, crazy or not!

Until next time buyers, sellers and friends!

Sincerely,

Josh ^theLVD Weaver

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The Crests and Throughs of Innovation

Charles Duell, a former commissioner of the U.S. Patent and Trademark Office, once said “Everything that can be invented has been invented”.  In a sense I believe he was correct.

Innovation seems to come in waves.  The crest of these ‘waves’ represents the creation of a new idea/product/practice that spurs a great social change such as the car, or the computer.  However, every crest is followed by the trough, which in this correlation represents the period after, or the period of perfection, as I will call it.

In a semi-trivial often over used example lets take the toaster.  This kitchen appliance has been around for the better part of four decades and when it arrived on store shelves it changed the way people saw bread.  The creation of this new counter-top accessory brought toast into the breakfast inventory and took this meal on the run.  As funny as it sounds on paper, the same is true with the iPad or with an e-commerce site.

Tablet computers and online shopping have been around for the better part of a decade themselves and while their innovative spirit has become second nature the period of perfection is in full swing.  Sites including and especially Pricefalls are constantly creating ways to perfect and smooth out the online shopping experience.  The most under-utilized of these ways is by enhancing the customer-service experience.

As a practice and matter of professional pride, the Pricefalls Team understands this need and I invite you to purchase something from us and see just exactly what I mean.

Until next time buyers, sellers and friends!

Sincerely,

Josh *theLVD Weaver

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Fate of the Brick-and-Mortar location

In a recent online article, CEO of Pricefalls, Elliot Moskow, was quoted as saying, “Online shopping is already big, with e-commerce sales representing 3.7% of total retail sales in 2009.  However, it is forecasted to make up 8% of total retail sales by 2014 and the growth will come from young shoppers who are dissatisfied with brick-and-mortar stores.”

He couldn’t be more right and scout’s honor I’m not just saying that because I have to!

In a recent study conducted by educational non-profits the Joan Ganz Cooney Center and the Sesame Workshop they concluded that, “Nearly 80% of children between the ages of 0 and 5 who use the Internet in the United States, do so on at least a weekly basis.”  As these 0-5 year olds continue to grow up so will their Internet use and they will truly become Internet natives.

For those not familiar with the term Internet natives, it was one introduced to me by a loyal follower of this blog.  It is defined as the generation of individuals who grow up with the Internet intertwined with their lives and grow with it as the Internet does.  To foil this term, the opposite of an Internet native is an Internet immigrant, or one who has transitioned into using the Internet in their daily lives.

Leading back to the opening quote, as the years pass those considered Internet natives will begin to decide the fate of the brick-and-mortar stores by continuing to patron their physical location over the arguably simpler online location and passing on that behavior.  I to believe by 2014 a percentage of e-commerce shopping will be done by those under 15, however, I also believe 10 years after that there will be a shift away from those physical locations all together.

What do you think?  Are you beginning to frequent online stores more than physical locations?  Have you stopped going to a store because of its website?

Until next time buyers, sellers and friends!

Sincerely,

Josh *theLVD Weaver

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Communication Shift


I almost feel like commenting on this phrase would only do its perfection injustice.  As a native to social media I believe this phrase accurately sums up what previous posts on this blog have stated.  Communication is shifting to embrace technology.

Until next time buyers, sellers and friends!

Sincerely,

Josh ^the LVD Weaver


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Viral Gods are against me today!

Hey readers!  I apologize for the short/late post today.  After writing about YouTube personalities yesterday it made me miss the days of old where I posted daily video updates as the Las Vegas Intern and I attempted to record a video post to change it up.  However, the Viral Gods were against me and it was not working liked I hoped it would.  Nevertheless, keep an eye out for one to come to the Pricefalls blog soon!

I do want to mention two very cool stores you should check out before I sign out, Weekly Closeouts and DataVision.

Weekly Closeouts is the newest of our Deal of the Day Brigade and works with an interesting model which offers extremely low prices by saving money on advertising and working solely by word of mouth.

Our second mention, Datavision, is New York’s largest independent computer/video retailer.  They are also an Authorized Service Center for all major manufacturers including Apple, IBM, Toshiba, Compaq , Sony, Canon & many more.

Pricefalls is happy to have both stores on board and is looking forward to long fruitful relationships!

Until next time buyers, sellers and friends!

Sincerely,

Josh *theLVD Weaver

 

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