LAS VEGAS, NV - JANUARY 10: The Colby MID-9742-8 tablet is on display at the 2012 International Consumer Electronics Show at the Las Vegas Convention Center January 10, 2012 in Las Vegas, Nevada. CES, the world's largest annual consumer …
Everyone is familiar with Priceline, where you name your own price for airline tickets.
Well, what would you think about naming your own price for electronics? That's what a new online retailer is offering.
Greentoe is a web startup that some are calling Priceline for tech gadgets. You can find it at www.greentoe.com.
You sign up, find a product you want, such as a camera or TV, and make an offer.
Greentoe shops your offer to dozens of retailers to see if any are willing to sell you the item at a lower price.
Just like with Priceline, however, your offer must be reasonable. Example: Greentoe cites one customer who got a $263 Fuji camera for $213. Notice that it wasn't half price, but was a decent discount.
Not a Penny Auction Site
This is not one of those websites claiming to offer new iPads for $39,or other ridiculous markdowns no one really gets.
You wont find those at Greentoe.
Fast Company magazine says it was started by a New York based web entrepreneur who asked why the Priceline model couldn't work for big ticket electronics. We'll soon find out.
As always, don't waste your money.
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