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The massage-on-demandservice Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding. The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service.
Have a flat tire, locked yourself out of your car, or need a tow--but not a member of a roadside assistance service? Santa Monica-based Honk has launched a service for you, specifically to let you summon roadside help using your smartphone--without a membership. Honk also revealed that it has raised $1.8M
Santa Monica-based Demand Media announced Thursday that it has launched a new product, called Content Channels. According to Demand, the new product is aimed at online publishers, and will provide them with original content focused on attracting readers. According to Demand, it is providing the service to both Hearst and USA Today.
Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. The new service shows consumers a price distribution curve, so that consumers can see how a used car might sell for based on actual, marketing listing prices.
There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? Why Build a Services Business in the First Place?
Santa Monica-based Demand Media said today that it is expanding its offerings in the content area, with an expansion of its Content Solution offerings. According to Demand Media, the expansion includes new content formats and enhanced "publishing and distribution strategies." READ MORE>>.
Place your cash bets behind proven demand. The term, “demand pull – cost push” was created by the great economist, John Maynard Keynes, to describe the two primary drivers of economic inflation. Cost push: labor or parts costs increase, causing the product or service to be priced higher without adding intrinsic value.
Los Angeles-based Fullscreen announced plans to launch its own, subscription video-on-demandservice on Wednesday, with plans to show both its own original and third party content. Details on the release date and pricing have not been announced.
Los Angeles-based TheBouqs (www.thebouqs.com) thinks so, with its new, cut-to-order online flower delivery service for the iPad generation. The third part of this is the subscription service we offer. There are lots of online flower delivery services, in a pretty established market. What is the Bouqs? Closing this $1.1M
Santa Monica-based HONK , the on-demand, roadside assistance app startup led by Corey Brundage, said this morning that it has raised $12M in a Series A funding round. Honk offer ups an online app, for either iOS or Android, where motorists in need of a jump start, tire change, lock out services, or fuel can request a tow truck.
Los Angeles-based on-demand, massage service Soothe has raised another $35M in funding to expand its service into more cities, the company said on Thursday. The company offers up flat rate pricing on massages, starting at $99.00 The funding came from the Riverside Company. for a 60 minute massage. READ MORE>>.
Make sure you know what the size of customer you want to serve is, what the people in a company of that size do, the problems they have, the features that will resonate and the channels you’ll need to sell into and service that customer. The problem is that to win each of these deals I had to promise high service levels.
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 Rowe Price, Dragoneer Investment Group, and ICONIQ Growth. The market for home services employs more than 5 million workers in the US and represents a trillion dollar global market. Based in Glendale, Calif.,
” The initiative, which Bird is encouraging other scooter-sharing services like LimeBike, Mobike, Ofo and Spin to join, includes a commitment to collect vehicles every night; reposition them to meet demand in the mornings; provide regular maintenance; and only add capacity when every vehicle in a fleet is used three times per day.
Los Angeles-based on-demand, storage service Clutter is expanding into the moving business, saying on Wednesday that it will start offering up in-city moving services. The new service will be priced per move per hour, allowing users to move a room or an entire home across the cities Clutter offers its service.
Takl , which operates a mobile app-driven service to connect users with on-demand home services such as lawn care, house cleaning, home repair, and more, has launched into Southern California.
There are lots of ways to define how to market well, including the four P’s of marketing (1): product, price, promotion and place. Use all the techniques you learn in marketing classes to drive demand. Higher demand results in higher prices – if there is limited supply. D=Decrease costs.
The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel. A traveler pays Sun Country one fixed price to get them from the bus pick-up point to their final destination. Online personal shopping service Lookiero gets $19M.
” The post talked about how to find the lowest acceptable price & terms in a deal through testing. You’ve got to have some wiggle room on price and on terms. She got you to drop price and include more licenses for free. I think most of us feel this way, really. But it’s not a reality in business.
We are an offer-based platform that allows users to negotiate the price they buy and sell tickets for, on the secondary market. Wes Brodsky: The ticketing industry, since its inception, has been on a fixed price model. For example, at an event, say at the Staples Center, of the 20,000 seats they might have four or five price groups.
Even as oil companies are getting crushed by the collapse of demand for energy in the wake of international shutdowns responding to the global pandemic, investors representing one of the world’s savviest financiers are placing a small bet on electric charging as the future of transportation.
Los Angeles-based sports and entertainment venue operator AEG , and on-demand, mobile fueling provider Fuelster Technologies , which is based in Porter Ranch, said this week that the two are in a new partnership where Fuelster will offer up on-demand mobile fuel delivery to fans at Staples Center and L.A.
” The only thing the manufacturer provides is the products and some servicing starter kit so that The Shed and its employees can manage and maintain the product. LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs. The Shed founders Karen Rodgers O’Neil and Daniel Perrone.
Let me start with Professor Christensen’s definition: “An innovation that is disruptive allows a whole new population of consumers access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill.&#. They are radically lower in price. So what did happen?
He had an idea for a startup that would help consumers better book service jobs and would take on Service Magic, which he believed had a business model that could be disrupted. .” So Ethan went to work as a product manager at Google Video. When Ethan was considering leaving Google we talked about it.
Los Angeles-based ZendyHealth (www.zendyhealth.com) thinks it has figured out a way to help both patients and doctors by helping connect patients to doctors and specific procedures, with upfront pricing. It's an on-demand, name your own priceservice. Explain what your startup does?
The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management. The firm priced last night at $13.00, well above its initial $9 to $11 estimated initial pricing range. READ MORE>>.
Once this new service became popular then the media companies could control the rules of distribution & advertising. The philosophy of OPEC has been that if they can limit the amount of oil supplied to the world they can maintain high prices in a world where demand and competition should naturally have downward pressure on oil prices.
In a world awash with on-demand startups, Los Angeles-based Serviz (www.serviz.com) stands out--not because of the market segment it is tackling, but because it was founded by two, very experienced serial entrepreneurs-- Zorik Gordon and Michael Kline. Our vision is really to become the premier provider of on-demand home services.
Selling services has always been about relationships, but the challenges of building relationships with services clients have exploded. Thus services experiences and relationships tend to be based more and more on new media and technology. If your business doesn’t offer personalized services, don’t expect good relationships.
As I outlined in my talk, I believe the greatest Internet companies created over the past 15 years have been “deflationary” meaning they are driving down the prices or goods & services. Declining prices & margins in a small market is much less interesting. Prices down. Network Up. But what else?
Other Supreme apparel sells in the aftermarket for hundreds more than their retail prices, including box logo hoodies which typically sell for between $500 – $1,000. A Veblen good does not adhere to the traditional laws of price and demand. Fashion companies usually ramp production, as demand increases.
We let restaurants set pricing based on demand, and then if you're hungry looking for a place to eat, we match you up with a restaurant offering a great deal. What do people find is the most useful part of your service? How savvy are restaurants to using an online service like yours? What is Foodme all about?
Interestingly, that demand has grown a lot during the pandemic, with demand for new homes as much as four times higher than demand for buying “existing” homes. ” That subsequently has put more of an emphasis on the sale of older homes to meet demand.
Avoid a simple pricing mistake which could sink your startup. Vendors often respond by discounting their prices at the 11th hour, in the hopes a lower price will spur a purchase. However, if you never offer price discounts to anyone, you can resist all such requests by deferring to your company “policy.”
To get some insight into how those names are changing--we caught up with Steve Banfield , SVP and GM of Registrar Services over at Rightside (www.rightside.co) -- which is in the midst of spinning out from Santa Monica-based Demand Media. Steve Banfield: What will become Rightside has been part of Demand Media. READ MORE>>.
Uber , the smartphone-driven, towncar service which is very popular with the technology crowd, has just dodged a bullet in California, saying that it has reached an agreement with the California Public Utilities Commission (CPUC) confirming that Uber is legal in California. and Boston for operations in those cities. READ MORE>>.
San Diego-based VMIX , the developer of online video management and hosting services, reported today that it has launched a new product aimed at helping its customers rent videos on the Facebook social networking site. Pricing on the new offering was not announced. Pricing on the new offering was not announced. READ MORE>>.
On-demand ridesharing service Uber > said late Tuesday that it is launching a new service, uberAssist , in Los Angeles, to help provide an extra hand specifically for seniors and the disabled. Uber said the new program will offer up the same pricing as its uberX service. READ MORE>>.
Los Angeles-based uSamp , which develops surveying and sampling technology and services for the market research industry, said this morning that it has rolled out a set of new products. Pricing on the new products were not announced.
They offer ground transportation with up-front before-you-ride pricing throughout the U.S., The service basically puts all the control in the hands of the customer. You can book a reservation way in advance, or on-demand if you’re in NYC. You’ve heard of GroundLink before.
There are lots of ways to define how to market well, including the four P’s of marketing (1): product, price, promotion and place. Use all the techniques you learn in marketing classes to drive demand. Higher demand results in higher prices – if there is limited supply. More we are taught in marketing classes.
The prices of angel deals have recently crept up, VCs have also gotten their checkbooks out again, frothy deals are happening and people are feeling bullish. The spending contraction is inevitable in a period of declining real prices of housing, high unemployment and tightening credit.
In the world of on-demand driving�such as driving for Uber and Lyft--one of the biggest costs for drivers it the cost of owning, maintaning, fueling, and cleaning their vehicles. By doing this, and also by using primarily electric vehicles, we can provide this service at a price which is cheaper than using your own car.
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