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He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. a fbFund winner. Competitors: Omniture , Webtrends.
Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June. The firm did not say what drove the growth, and did not provide any financial details on its sales or profitability. READ MORE>>.
Santa Monica-based firms TrueCar.com and Zag announced last night that the two companies are becoming official sponsors of the 2010 Pebble Beach Concours d'Elegance. According to TrueCar and Zag, the three-year agreement includes a deal for Motor Trend Radio to broadcast and record its coverage from the TrueCar.com suite.
Santa Monica-based Zag, a venture-backed developer of online car buying software, said this morning that it has made. Zag said it has promoted Bernie Brenner to Executive Vice President in charge of the firm's consumer initiatives, named David Pributsky as VP of Partner development. a number of hires and a promotion.
Zag's technology provides a level of customization and detail on "fleet" style, pre-negotiated sales of autos, down to the accessory level; the firm has deals with USAA, Capital One, Overstock.com, AAA groups, and others to provide its service. over MSRP on their autos. Painter is the former CEO of CarsDirect.com.
Santa Monica-based Zag.com , the online automotive buying firm headed by Scott Painter, announced Thursday that the company has reached an agreement with Mercedes-Benz USA to offer an additional $5000 off pricing of new Mercedes-Benz cars to members of USAA, one of the affinity groups using Zag's auto pricing and purchasing services.
TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year. TrueCar said the sales came via its more than 40 partner-branded Web Siets, which use the car pricing and sales engine powered by Zag.
Santa Monica-based TrueCar , which provides real-life pricing data on new cars, based on actual dealer sales, said Tuesday that the firm has begun showing guaranteed upfront pricing from local dealers. The new auto buying services come as part of a partnership with Zag, which operates online car buying programs. READ MORE>>.
Santa Monica-based SharesPost , which has created on online marketplace for sellers and buyers of private company stock, reported to its users late Friday that the firm now has sales of LinkedIn, Linden Lab, Tesla Motors, and SugarCRM going into escrow. READ MORE>>.
TrueCar, a spinout of Zag Automotive, is headed by Scott Painter, and uses data gathered from actual dealer car sales to provide the actual sale prices of automobiles in a local area to both buyers and other auto dealers.
TrueCar uses actual car sales data from local dealers to present car shoppers with information on the actual prices paid for new cars in their neighborhood. The company said the new Best Local Deals feature was specifically launched ahead of Labor Day, which is traditionally one of the largest volume car sales weekends during the year.
TrueCar provides new car pricing data derived from actual automobile dealership sales information, and is a spinout of Zag Automotive. TrueCar said that High Gear will include its search and pricing services through sites like TheCarConnection.com , MotorAuthority.com and GreenCarReports.com , part of High Gear's network of web sites.
TrueCar is a spinout of Zag Automotive, and gathers its data from actual sales information from local dealerships. The firm said that the monthly report will help consumers identify which cars have the most negotiating room, best deals, and other information. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, disclosed Wednesday that the firm has inked distribution deals with five automotive websites. Tags: truecar automotive pricing auto sales ecommerce. Financial details of the distribution deals were not disclosed. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, annoucned today that it has hired the Chief Evangelist from Edmunds. Toprak spent nine years at Edmunds, in addition to earlier experience at automotive franchises. READ MORE>>.
It’s really hard to zig when the whole world seems to be zagging. This is the time it takes for a bankruptcy or asset sale to occur. Instead investors are looking for the next flash sale, private sale, game dynamic, social games that rely on mobile platforms with geo-fenced, location aware offers. Or a quick flip.
You can hire a talented head of marketing, business development, technology and sales. You need to for conferences, business development and often for sales. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). So it’s always a trade-off.
We co-founded Zag together, and I was the COO of CarsDirect. Towards early 2007, Scott and I had taken Zag to a level of some measure of stability, and we were thinking about the next thing. The way sales are handled is as old as the 1930's securities laws. Are you transacting sales through the site yet?
ii) Be a contrarian, when everyone is zigging, zag. Mr. L’Amour eventually outsold nearly all of his contemporaries, become the 20 th biggest selling author OF ALL TIME, just behind Stephen King, with sales in excess of 330 million books. Question conventional wisdom. There Are No Unimportant People.
Sometimes you have to know when to zig where others zag. TIP: more details in the 5 Steps Sales Process ). You’re always going to get the same results, doing what everyone else does. These are some of the counterintuitive lessons I’ve learned and applied from the most successful folks I’ve met. .
Syd Nathan, owner of Brown’s label, refused to finance a live album, as he was concerned it would limit James’ popularity on the road, which in turn, would suppress sales of future singles, which was the label’s primary revenue source. When everyone is zigging, go zagging. Some fans began to collect show recordings. Share and Enjoy.
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