- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $600K
- Company type
- StartupMobile CouponSaaSBig DataE CommerceAdvertising PlatformPromotions
- Markets
Skinnyprice careers
Skinnyprice is patented plug-in technology for online retailers that discovers the optimal price that motivates a customer to buy. We fundamentally reinvent how products are priced.
We have proven product market fit with a multi-million dollar fashion e-tailer whose sales conversions were improved by 11.3% and the average discount needed to motivate a purchase was reduced by 35%.
The initial market for online clothing, shoes, and accessories is $68 billion alone but plans to scale globally to all online retailing markets and patents filed for physical in-store mobile solution.
In addition to the incredible results of improving conversions and margins, our product also does the following:
1. Makes it impossible for customers to use price comparison sites or to "showroom"
2. Competitors can no longer determine the price shown to customers nor at what price the customer purchases
3. Creates a competitive pricing advantage from ad revenue
We have proven product market fit with a multi-million dollar fashion e-tailer whose sales conversions were improved by 11.3% and the average discount needed to motivate a purchase was reduced by 35%.
The initial market for online clothing, shoes, and accessories is $68 billion alone but plans to scale globally to all online retailing markets and patents filed for physical in-store mobile solution.
In addition to the incredible results of improving conversions and margins, our product also does the following:
1. Makes it impossible for customers to use price comparison sites or to "showroom"
2. Competitors can no longer determine the price shown to customers nor at what price the customer purchases
3. Creates a competitive pricing advantage from ad revenue
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Daniel Owen McGuire
Top sales consultant in entire nation. Entrepreneur at age 8. Inventor, innovator, patent holder. Built own in ground pool and own hang-glider. IPO in family.
Total raised
$600K
Funded over
2 rounds
Latest round
Jan 2014
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