Why We Started This Company
Our business model challenges traditional pricing methods in the wedding industry - just as Priceline.com challenged traditional pricing methods in the travel industry. Never before had so many consumers had access to “consolidator prices” for hotel rooms and airline seats that would have sat empty. And now: brides have access to those same “consolidator prices” to design their wedding without sacrificing quality. We offer technology and price for planning.
What Sets Us Apart
We are the first to offer a "Name-Your-Own-Price" format for brides and grooms planning their wedding.
Our Keys To Success
Have a strong reputation manager ensuring all of our pre-qualified vendors deliver what is promised. Bidding platform that gives the customer confidence that they are receiving a fair offer. We have attracted a great advisor board with the likes of Shawn Kernes, former co founder of Stubhub.com.
We have a strong "proof of concept", by receiving 160 offers our first year and half and converting 105 of them giving us a 65% conversion rate generating of $40,000 in revenue in our first 15 months of starting up. We raised $20,000 pre-seed dollars. We placed third in a recent Miami Herald business plan challenge. http://www.miamiherald.com/2012/05/06/2784133/wedwus-name-your-price-service.html