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Pikaba
Company typeCorporation
IndustrySocial commerce, Social shopping
Founded2008
HeadquartersBellevue, Washington, USA
Key people
Dmitry Balin, Chief Executive Officer, Irena Balin, VP R&D & COO
ProductsPikaba Social Shopping Platform
WebsitePikaba.com

Pikaba.com is a US consumer-oriented social shopping community that harnesses the power of social networking to bring sellers and buyers together.[1]

History[edit]

Pikaba.com was founded in 2008 by former Microsoft ex-SQL Marketing Director Dmitry Balin and Irena Balin, former Microsoft Development Manager in SQL Server product group. In 2008 Pikaba won Mashable’s Open Web Awards in the “Social Shopping” category. [2] In October 2011, Pikaba made it to the finals of x.Commerce Conference. [3] In June 2012 Dmitry Balin, Pikaba’s CEO, was invited as finalists to introduce Pikaba.com at Launch: Silicon Valley 2012 organized by SVForum, the leading non-profit organization for technologists and entrepreneurs in Silicon Valley. [4] Since December 2012 Pikaba has been ranked on the GeekWire 200 Startup List. [5]

Business Model[edit]

Reverse auction[edit]

Pikaba can be used as a regular internet marketplace where buyers perform the search for goods or services pre-offered by sellers [6], but basic deal procedure is reverse auction where sellers compete to give buyers better price. [6] [7] [8] “Pikaba is a great way to normalize prices of some goods that creep up too high. Throw out a price you think is reasonable and see if you get any bites from those hungry, slimy merchant fish.” [9]

Lead Generation for Merchants[edit]

While connecting buyers and sellers via web and mobile, Pikaba comes with a set of tools specially designed to help merchants generate more leads with social commerce:

  1. Merchants receive email or SMS notifications about new relevant shopping requests;[10]

References[edit]

  1. ^ Nicole, Kristen. "Pikaba Startup Review by Kristen Nicole at Mashable.com".
  2. ^ "the list of 2008 Open Web Awards winners".
  3. ^ "General Session Keynote #3 : HD".
  4. ^ "SVForum Announces Launch: Silicon Valley Lineup of Hot Emerging Startups to Publicly Launch their Innovations to Silicon Valley's Most Influential VC and Angel Investors".
  5. ^ "GeekWire 200 Seattle's Startup Leaderboard".
  6. ^ a b Chaney, Paul. "5 New Social-Shopping Sites and Apps". practicalecommerce.com.
  7. ^ Marshall, Siri. "Pikaba.com – Ask And You Shall Receive". killerstartups.com.
  8. ^ Qiao, Yu (Helsinki University of Technology). "study of Social networks and E-commerce" (PDF).
  9. ^ Skelley, Patrick. "Pikaba lets you buy on your terms".
  10. ^ "Pikaba Announces E-mail and SMS Notification of Incoming Leads".

External links[edit]

Category:Social networking services Category:E-commerce Category:Internet companies of the United States