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Oct 13, 2016 4:57 PM ET

Archived: OfferJar is a simple, automated plug-in that allows buyers and sellers to bargain in real time to capture close more deals. No need to wait for sales, coupons or discounts.

iCrowdNewswire - Oct 13, 2016

Inkomerce Inc. dba OfferJar

Marina Del Rey, CA 90292, US
Web Service Software

OfferJar is a simple, automated plug-in that allows buyers and sellers to bargain in real time to capture close more deals. No need to wait for sales, coupons or discounts.

Approved by eBay. Patent pending.

Lately, at the request of merchants, Amazon has introduced “Make an Offer service. We automate that service. We did that for eBay.
Buyers and Sellers are prevented from closing large number of transactions because they are not able to negotiate with each other in real time.

When a seller offers a product above what the buyer is willing to pay a sale is lost, when the price is too low a margin is lost. A tool is needed that will allow buyer and seller to negotiate and achieve an equitable price. OfferJar provides that tool.

There is no other application available which provides this service.

OfferJar is an innovative and new automated negotiations platform. By using a proprietary 2-way bidding algorithm, OfferJar aims to bring online retail to a new level of collaborative deal-making.

Current online retailers suffer from gaps in product pricing and buyer willingness to pay. There is a lack of information that allows sellers to appropriately determine the best price to offer each individual consumer, as such, many sales are left on the table.

Under all available applications there is a delay of hours, sometimes days to get a response to buyers’ offers. Because of that, very often the buyer completes the transaction at another venue.

If it doesn’t work fast you into the next thing.

OfferJar allows sellers to upload any and all unsold items and uses a seller directed toughness scale to offer negotiated discounts to buyers. This allows the seller, at no cost in labor once it is set on auto-pilot, to achieve a sale that would otherwise not have occurred, and turn inventory over faster.

For more details see links to Investor Deck and Product Offering.


Products / Services

OfferJar allows buyers to purchase items in real time for the price they are willing to pay.

OfferJar is Computer Assisted Negotiation (CAN) System for buying goods and services. Offer is patented PaaS, easily scalable, and can go from 10 to 100 to 100,000 customers very quickly. When shopping today there is no way to negotiate prices. OfferJar offers a standalone API along with documentation on how to integrate seller item pages. On auto pilot for sellers.
Buyers who previously found products above their willingness to pay can now have a chance to purchase items that a seller is willing to negotiate. OfferJar will represent both parties in a fair and efficient negotiation process.



Chief Executive Officer
Gershon Wajntraub

Gershon Wajntraub, founder and CEO, serial Entrepreneur has 25 years of experience in technology and business worldwide. Gershon is the founder and CEO of Gastronaut Corp. developer of Wireless /Mobile POS systems for restaurants, sold to TableSide OPS LLC. Gershon holds BSC in Mechanical Engineering from Technion – Israel Institute of Technology.

Chief Technology Officer
Ronen Moldovan

Ronen has 17 years experience in the EDA industry. Mr. Moldovan founded and recently held the leading technical position at CAD department of Saifun Semiconductors.
Ronen was the lead software developer in Electronic Design Automation in developing tools for VLSI ( very large scale integration) companies with integrated circuits analog and digital for Intel and other well known semi conductor companies.
Before that Mr. Moldovan held various positions at the Design Technology department in Intel. Mr. Moldovan holds a MSc. in Organization Behavior from Polytechnic University, NY and BSc. in Computer Engineering from the Technion – Israel Institute of Technology.


News / Links

Contact Information:

Chief Executive Officer - Gershon Wajntraub

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