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Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, has scored a new, equity investment and partnership with direct marketing firm Guthy-Renker , the firm announced today. Financial terms of the investment were not disclosed. READ MORE>>.
Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year.
In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.
Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. According to TrueCar, its new ClearBook service will provide a used vehicle pricing index, based on pure computational analytics, using the firm's ability to tap into aggregated used car listings.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag, said today that it is targeting dealers with a new web site, to help dealerships price vehicles based on market data. TrueCar said that the new service will help dealers to "optimize" their vehicle pricing. Tags: truecar automotive. READ MORE>>.
The consumer product they’ve created is called TrueCar. Company plans to use the capital to build out sales and marketing and r&d. -a Makes money by partnering with brands and marketers to publish location-triggered content. And it carries no inventory. a fbFund winner. Competitors: Omniture , Webtrends.
Santa Monica-based TrueCar announced today that it has snagged an executive from Edmunds.com for its new Vice President of Product Management. The company said Cleckler will work on aiding in development of car pricing tools on the site. Tags: truecar edmunds executive automotive auto. Cleckler has also served at Stamps.com.
I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. “Invoice price” is an equally meaningless marketing tool. . But I digress. We spent a lot of time together on the trip.
Santa Monica-based TrueCar is continuing its outreach to car dealers--looking to patch up what had been a fairly contentious relationship with both dealers who list and do not list automobiles on its site--saying it is releasing an updated "Dealer Pledge".
Santa Monica-based TrueCar said over the weekend that it has made a major overhaul to its user experience, adding a number of features which specifically reach out to dealers, in addition to helping out its consumers.
Santa Monica-based TrueCar , the online car pricing site run by Scott Painter, said today that it has named Stephen Hansen as the firm's new President and COO. Hansen reports to Painter, and will head up strategic planning, product and technology development, and marketing, among other duties. READ MORE>>.
As automotive web sites go, there are lots of review and information sites giving you information about new and used cars, magazines and information sites for auto enthusiasts, and discussion sites and groups for all kinds of cars. But, it turns out, there are not any automotive sites specifically geared towards women.
Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.
According to SharesPost, as of Friday, end of day, it will cease transactions in Facebook, on request of Facebook, to enable Facebook's "orderly transition into the public markets". SharesPost is headed by Greg Brogger, and is backed and was co-founded by TrueCar's Scott Painter. READ MORE>>.
Jeff Zwelling is the co-founder of Convertro (www.convertro.com), a Los Angeles company focused on helping companies track how their marketing efforts are leading to sales conversions. Jeff Zwelling: Convertro allows marketers to know all of the marketing that led to a conversion. Jeff Zwelling is one of those.
How many social networks, picture sharing sites, new aggregators or blogs can we really spend time on? one of the best in industry that I've seen is how Scott Painter measures his business at TrueCar. Sure, but will they still be using it in a year? In 6 months? In 3 months? The biggest limitation we tech consumers have is our time.
Mark has also been quite active mentoring entrepreneurs, We caught up with Mark to hear about what kinds of investments GRP is looking at nowadays, his view on the software-as-a-service market, and how best to approach him with a pitch. So we think we're the right size for the market in 2009.
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