HelpHive launches payment service for local service providers |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
A few months ago we wrote about HelpHive, a new Seattle Internet startup that's attempting to help home owners find plumbers, landscapers, roofers and other local service providers by relying in part on recommendations that friends make via social networks.
Now, the company is introducing its new Referral Pro Gold plan, a payment mechanism by which service providers pay only when they get a qualified lead or book a real job. "We only get paid when there is intent -- a qualified customer, or engagement -- a booked job with a customer," explains co-founder Karim Meghji.
The new HelpHive service costs service providers $99 per year, with businesses paying an additional five percent commission on each job's revenue or a $5 fee if they obtain a qualified lead that doesn't lead to a job.
As I noted back in May when I first wrote about HelpHive, there's no shortage of companies that are attempting to transform the local directory business. And the market is getting a little more intense, following news that Yext -- which describes itself as the "next Yellow Pages" -- just scored $25 million in venture financing.
Meanwhile, Redbeacon -- which also is trying to revolutionize the way people find local service providers and book services online -- got some serious momentum after winning the TechCrunch 50 competition last month.
Obviously, there are plenty of entrepreneurs trying to solve the problem of helping people find high quality service providers via the Internet.
Karim Meghji
Meghji said HelpHive is trying to stand out by focusing exclusively on service professionals who work on the home. "We believe this vertical focus can translate into the association of the category with the brand and ultimate consumer loyalty and repeat usage," he said.
It is also trying to differentiate itself through a partnership announced today with TurnHere, whereby the online video marketing company will produce a 60-second video ad on behalf of HelpHive customers that claim their profiles on the site.
Meghji -- who previously worked at RealNetworks along with HelpHive co-founder Dave Richards -- added:
"We put consumers in the driver's seat of the experience when selecting businesses to engage and hire," he said. "Our's is not a 'post your need and have people bid or have people call you before you can assess them.' Our's is a 'find quality information from the HelpHive community, and your referral networks of friends/neighbors to evaluate service professionals and contact who you'd like when you're ready.'"
HelpHive is bootstrapped to date with capital investment coming through friends and family.
John Cook is co-founder and executive editor of TechFlash. He has been covering the technology beat for nearly a decade, writing about startups, entrepreneurs and venture capital, most recently serving as a reporter/blogger at the Seattle Post-Intelligencer.
READ FULL BIOGRAPHYSeattle University Software Engineering
Chinwe Okeke (MSE’08) pursued her graduate degree while working as a developer and technical analyst for the Boeing Company. She picked the SU-MSE program for small class sizes and real world learning opportunities offered through the academic service-learning and capstone projects.
The MSE program at Seattle University is geared for working professionals with classes offered in the evenings. The program builds upon the computing experience of its students and offers courses in a variety of technical and management areas of software engineering, with an emphasis on teamwork and a disciplined approach to problem solving.
Marchex is one of Seattle’s largest ad technology companies with 300+ employees providing call and click based performance marketing products, and managing over $100m in ad budget for tens of thousands of advertisers. Our customers range from local businesses to the Fortune 500.
Our talented and creative product engineering group is hiring.
If you are an innovative software design engineer interested in solving difficult problems at scale, across a wide array of technologies from Lucene to Hadoop to Asterisk and SIP then we’d love to hear from you!
Apply now.
Technology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020