PRICCUT

Priccut is an online marketing company that creates service deals that are sold in bulk. Their business model is similar to that of Costco, Sam's Club, or BJ's. These companies create deals for everyday goods that are sold in bulk or "wholesale" style. Inspired by the wholesaling of goods, Priccut applies the bulk model to services across 12 main categories according to their website: www.priccut.com. The deals created would pull from the entertainment, food, transportation, home, fitness, trave... l, education, electronics, and many other industries to create deals that users buy once and return several times in the future to redeem all the services purchased. A unique aspect of the Priccut plan is the way in which customers go about redeeming these bulk deals. Consumers use a Priccut card (which is offered free of cost through their website by request to who all deals are added. Consumers then go to the merchant location for which the deal was purchased and they receive the deal. The consumer pays no money at the merchant location unless they purchase services beyond the original deal. Priccut was founded in November of 2011 by François N. Bessing. Then 21, he was a business student at Lehigh Carbon Community College. He dropped out in late 2012 to pursue Priccut full-time. As of December 2013, according to their Facebook page, Priccut has two live deals and they are taking steps to prepare for the next chapter in the company’s 2-year history: Series A.More