Online Marketplace Allows Shoppers To Set Their Own Price Points

LAS VEGAS, Jan. 26, 2017 /PRNewswire/ -- MakeYourDeal, a new online shopping hub that allows shoppers to set their own prices on home goods and other products in real time, announced today the launch of their platform to US-based customers. 

The company offers a select range of curated home furnishings in a variety of categories, including accent furniture, wall decor, lighting, decorative accents, bed and bath, kitchen and dining, rugs, even kids and pet products. Shoppers have the ability to add multiple items to their shopping cart and set just one price for everything selected.

"Our goal is to upend the traditional retailer-consumer dynamic where the retailer dictates a fixed price for a product, and the consumer has one of two options: take it or leave it. One of the biggest differentiators and key value points of MakeYourDeal is that we empower the shopper to take control of their purchasing decisions while providing them with a wholly unique and engaging shopping experience," said MakeYourDeal Co-Founder Jim Mead. 

The company's unique business model applies their "U Price It™" system to the massive, multi-trillion-dollar ecommerce space -- an industry projected to tally up a whopping $22 trillion globally in total online retail sales for 2016.

In order to offer the lowest price points while still making a profit, MakeYourDeal uses a series of algorithms that set parameters based on product availability, demand, and other variables.

Unlike auction-based sites where customers compete against other bidders for a product, often times racing against a timeclock, MakeYourDeal shoppers have the opportunity to offer one price, for any number of products, and instantly see if their offered price is accepted at checkout. All accepted offers are sent for immediate processing.

Prior to checking out, a price meter indicates the likelihood that the shopper's asking price will be accepted on a scale from "no chance" to "better." If the user's asking price is rejected, they can simply restart the process with one click. There are no limits to how many times a shopper can make an offer, and there are no time limits. The shopper can make an instant offer on any product at any time.

All products are shipped brand new, factory-direct. The company's product line is ever-expanding and curated into selections based on room or styles like rustic farmhouse, industrial chic and mid-century modern. While shoppers can set prices and purchase items individually, the greatest savings are typically received by buying multiple products at once.

Going forward, the MakeYourDeal team intends to permit other e-tailers to upload products onto their U Price It platform using the company's proprietary "click and load" functionality, which will serve to further expand the marketplace's product offering. 

Commenting on the timeliness of the recent launch, Mead said, "The twenty-first century online shopping experience has evolved, and it continues evolving every day. The Internet has made it easier than ever for customers to analyze, compare, and choose products at the best price offered. MakeYourDeal has effectively centralized that entire process while giving the customer more of a say before they decide to part with their hard-earned cash." 

MakeYourDeal is inviting those interested in learning more about their extensive product offering and signing up for a free membership to visit their website here.

For more information about this story, contact:

Jim Mead
MakeYourDeal
[email protected] 
800.773.5215

SOURCE MakeYourDeal