Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet.

Real Startups Never, Ever Discount Their Prices

InfoChachkie

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. Protection – Consider offering “pricing protection” to users who are particularly price-conscious.

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Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better.

SaaS Subcriptions Are Great – TranSaaSional Pricing Is Better

InfoChachkie

Software as a service (SaaS) is a popular business model because it facilitates the delivery of incremental value to customers, while allowing the vendor to adjust their prices over time. However, such price increases generally occur after new utility has been provided to the customers.

SaaS 45

Ceres Prices IPO

socalTECH

Thousand Oaks-based Ceres , the developer of specialized seeds for the biofuels market, has priced its IPO, saying that it will offer up 5,000,000 shares of its common stock at $13.00 per share IPO range, after seeing a delay of a week in the expected pricing by the firm.

Helping Consumers Name Their Own Price For Products, With Greentoe

socalTECH

In real life, you can just about bargain a price for anything you want to buy--a car, a house, even that new stereo from your local electronics store. Joe Marrapodi: GreenToe is a name your own price marketplace for products. That''s a perfect fit for baby products.

Sales 11

AnyMeeting Debuts New Web Conferencing Product

socalTECH

AnyMeeting , the developer of web and video conferencing software aimed at the small business market, said today that it has launched a new, web conferencing product called AnyMeeting Company Pro. According to the company, the new tool provides set price access to its services to companies with up to 50 employees, allowing companies to purchase a plan which covers all of their employees at a fixed price. anymeeting conferencing product small business meeting

Zoovy Launches Amazon Automatic Pricing Tool

socalTECH

Carlsbad-based Zoovy , the e-commerce software firm run by Brian Horakh, said this week that it has launched a new Amazon Repricing Engine, a software tool which helps e-commerce retailers automatically raise or lower their product pricing on Amazon.com, based on their competitor's prices. Zoovy said the tool automatically monitors SKUs from competitors, and handles adjusting prices for online businesses on Amazon's third party marketplace.

Pharmaceutical Price Controls Might Be Closer Than You Think

Xconomy

Amid the hue and cry over the Mylan EpiPen pricing debacle , Hillary Clinton unveiled her “ Plan to Respond to Unjustified Price Hikes for Long-Available Drugs. ” Clinton’s plan calls for “dedicated oversight to protect consumers.” Clinton proposes to combat “unjustified price hikes.”

Novartis: CAR-T Results In One Month, Or No Charge. Why One Month?

Xconomy

Novartis said Wednesday that it would not charge for its newly approved cellular immunotherapy, tisagenlecleucel (Kymriah)—the first so-called CAR-T product to ever come to market—if it fails to help patients within a month.

Punchcard Launches Business Analytics Product

socalTECH

Pasadena-based Punchcard , the Idealab startup developing mobile apps to encourage customer loyalty at retail businesses, announced today that it has launched a new product, Punchcard for Business. Pricing on the new product was not disclosed. The firm said the new software helps local merchants gain insights into customer purchasing behavior, and the ability to push offers to consumers' smart phones via its app.

Audentes Prices $75M IPO As Gene Therapy Eyes First U.S. Approval

Xconomy

Its three lead products, for Pompe (AT982), Crigler-Najjar (AT342), and X-Linked myotubular myopathy (AT132), are expected to produce preliminary data from their first trials in the second half of next year. As the possibility of the first ever gene therapy approval in the U.S.

Kofax Launches New Product

socalTECH

Irvine-based Kofax , the developer of business process management and document capture software, reported this morning that it has launched a new product. The company said the new product connects into its existing platform. Pricing on the new product was not announced. Kofax said it has launched Kofax DotImage Enterprise Edition, new software which enabled Internet browser portal applications for document scanning, viewing, annotating, and processing.

ShopWiki Launches Barcode Scanning, Price Comparison App

socalTECH

The site--which is owned by Los Angeles-based Oversee.net --said the barcode app lets users check online prices while shopping at brick and mortar retail stores. The app allows users to scan the UPC for a product, and then instantly see competitive pricing from online retailers. Among features of the software are support for a wide range of international stores, including pricing in the U.S.,

Smoke Alarms: The Smartest Smart Home Product You Can Buy

Tech Zulu Event

The Protect works with other Nest products, including Nest’s WiFi camera Nest Cam and the Nest Learning Thermostat, to further help protect your home from disaster. Price : $38.45. Price: $49.97 ($129 for a three pack). Price: $99.

Triton Digital Rolls Out Podcast Product

socalTECH

Los Angeles-based audio advertising provider Triton Digital has rolled out a new product specifically aimed at podcasting proviers, the company said Tuesday. According to Triton, its new Tap Podcast product is a version of its advertising platform, which specifically helps podcast publishers insert ads into their audio stream. Pricing and other details on the new tool were not announced.

Pharma’s Productivity Problem: Finding More Blockbuster Drugs

Xconomy

A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The industry can only go so far with growth through hyper-inflated pricing and mega-M&As. At some point pharma has to figure out how to make more drugs more efficiently, or face major dislocations like business-destroying price controls.

HireRight Aims At Uber, Airbnb, Others With New Product

socalTECH

Irvine-based background check services provider HireRight is hoping to smooth the way for peer-to-peer marketplaces with a brand new product, aimed specifically at helping those companies to screen people in their marketplaces. Pricing on the new offering was not announced. Are you a new startup looking to tap into the "sharing economy", ala Uber or Airbnb?

JustEnough Launches New Product

socalTECH

Newport Beach-based JustEnough Software , a developer of demand management and inventory planning products, reported today that it has launched a new product, aimed at managing retailer promotions. Pricing on the new product was not disclosed. The firm said its new Promotions Planning & Analysis solution is aimed at retailers, and lets them measure the effectiveness of their promotions. JustEnough is headed by Malcolm Buxton. READ MORE>>.

ReachLocal Launches Trio Of Products, Targets Home Services

socalTECH

The new products are part of a push by the company to expand the services it offers to small and medium sized businesses, beyond its roots in helping those firms advertise their businesses online. According to ReachLocal, it has launched three new products, ReachSite , ReachConvert , and ReachCommerce. That new service also has pre-negotiated prices, and the vendors are pre-screened and background checked.

Savings.com Pinpoints Holiday Deal Days, Rolls Pricing Tool

socalTECH

Los Angeles-based Savings.com said Tuesday that it has pinpointed the best days to buy products, based on data from the last four years gathered on its site from 25,000 retailers, and for monitoring more than 1.5 In a related move, Savings.com also released a new price search tool called PriceJump , which it says will help consumers find the best price online for any product. Looking for a deal this year on holiday gifts?

Topanga Technologies Plans Product Launch

socalTECH

Los Angeles-based Topanga Technologies , the stealthy, Khosla Ventures-backed plasma lighting startup, said today that it plans to launch its products next week at an upcoming trade show. Topanga Technologies--which says it is developing solid-state plasma light engines which are far more efficient than existing lighting--said the products will be shown at the LIGHTFAIR International annual lighting trade show.

CapLinked Launches New Product

socalTECH

Pricing on the new offering was not announced. Los Angeles-based CapLinked , the developer of secure document sharing software led by Eric Jackson, said this morning that it has released a new set of Information Security (InfoSec) tools, aimed at helping companies to protect information they are sharing with external parties.

Ixia Launches New Security Testing Product For Hyperscale Data Centers

socalTECH

Calabasas-based network testing software and hardware developer Ixia announced this morning that it has launched a new product, CloudStorm, to provide network security testing of hyperscale cloud data centers. The company said the product will test and validate the increased capacity, efficiency, and resiliency of hyperscale cloud data centers, including how well those centers can handle SSL traffic and Distributed Denial of Service (DDoS) attacks.

Websense Rolls Out New Mobile Security Product

socalTECH

San Diego-based security software developer Websense reported Wednesday that it has launched a new, mobile security product aimed at mobile devices such as iPads, iPhones, and Android. The firm said its Websense TRION Mobile Security product offers up data loss protection, prevents malicious app downloads, protects against malware and also offers mobile device management to users. Pricing on the new product was not announced.

Soraa Unveils LED Lighting Product

socalTECH

Soraa , the UC Santa Barbara spinout funded by Khosla Ventures, NEA, and NGEN Partners, has unveiled its first product, a new LED lighting lamp. Pricing on the LED lamps has not been released. Soraa is manufacturing its products in Fremont. Soraa, which was started in Goleta, said its Soraa LED MR16 lamp is intended as a replacement for traditional, halogen MR16 bulbs.

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He said it was better than the Yellow Pages because he would provide pricing transparency. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards.

VMIX Rolls Out Video Rental Product For Facebook

socalTECH

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. VMIX said its new VMIX Social product will allow studios and distributors a way to offer up live and on-demand video rental on Facebook. Pricing on the new offering was not announced.

You name the price; I’ll name the terms.

Berkonomics

Satisfy the seller’s need to claim a higher sales price victory by moving a substantial part of the price into a future earn–out, or using the target company’s own cash to pay part of the price, or asking the seller to finance a significant piece of the sale.

CES: 5 Connected Home Products for 2016

Tech Zulu Event

Fortunately, these LED TVs look amazing – still waiting for a word on price and release dates. The post CES: 5 Connected Home Products for 2016 appeared first on TechZulu.

Sonos Launches New Product

socalTECH

Santa Barbara-based Sonos , the developer of wireless music systems, has launched a new product this morning, called the PLAY:3.

The Consumer Adoption Process Never Changes

Tech Zulu Event

Marketing tools may change, the way consumers discover products may change, and consumer behaviors may change, but one thing that remains constant is the consumer adoption process. The 5 stages are: product awareness, product interest, product evaluation, product trial, and production.

Local.com Launches Krillion, Rovion Products

socalTECH

Irvine-based Local.com , the local directory and advertising firm, said today that it has rolled out its first advertising product from its Krillion and Rovion acquisitions.