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Pricefalls
Pricefalls, LLC is an American Internet company that manages Pricefalls.com, an on-line retail marketplace. Pricefalls acts as a sales channel for small- to medium-size businesses who wish to expose their products to a wider audience. The company was founded in response to user frustrations with the eBay model, with pronounced emphasis on customer service and dedication to the sellers who use the site.〔("eBay Gets New Competitor" ) Fox Business.com. 2009-12-22. Retrieved 2010-80-09〕
The company was founded in June 2008 out of an apartment close to Bates College in Lewiston, Maine. The company relocated to Las Vegas, Nevada in January 2009.
==Origins & History==
The idea of Pricefalls was first imagined in 2008 by Elliot Moskow, an economics major from Bates College, located in Lewiston, Maine. Out of a need to earn extra cash that summer, Elliot obtained confiscated jewelry from police auctions in order to sell them on the popular shopping site eBay. He started with a few rings, some of which sold to buyers with Nigerian shipping addresses. Elliot had received a fraudulent PayPal receipt from a fraudulent user, and additionally had paid fees to list his items, losing money. As a result, Elliot permanently discontinued his activity on eBay and began to think of alternative ways to sell online.〔("About Us" ) Pricefalls.com. 2010-05-05. Retrieved 2010-08-03.〕〔("Let's go 'Dutch': Auction site seeks lowest bidders" ) WalletPop.com. 2010-03-11. Retrieved 2010-08-03〕
After returning to Bates, Elliot learned of the Dutch Auction and its application in the tulip industry. He then sought out other students capable of technically executing a reverse auction website. His search led him to a partnership with Bates alumni Peter Schaefer and Chad Casey, the creators of a small web media company called Lautus Design.〔("Bates Graduate Creates Site To Save People Money" ) WMTW.com. 2010-07-01. Retrieved 2010-08-03.〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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