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Tarik Khribech

๐Ÿ‘ค Speaker
211 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Right.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Thanks for having me, Nathan.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Yes, my name is Tariq.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

My company is Chore Relief and we like to say your home is our business.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Sure.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So despite the fact that the companies like Andrews List, Home Advisors, and TaskRabbit, 90% of people say use word of mouth to find help.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

And that's mainly because of the high service fee, the bidding fee, the revenue sharing fee, as well as the lack of transparency and no negotiation between the client and the contractors, and among more issues.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So True Relief, what it does is connect consumers with the service providers through an innovative strategy that allows the customers to name their own price while empowering the service provider with a business management tool.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

This strategy combines the economic growth of the community and economic growth due to two of the sustainable approaches.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So yeah, so most of our people that come to our platform, they go through a vetting process.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

We make sure that they have identity verification, no criminal records whatsoever before they can actually start receiving jobs.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Now let me tell you something different about what's beneficial for us, for contractors to join our platform rather than the rest.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Right, so what we do now is that we give the opportunity for immediately as you post a job, which takes anywhere from 45 to 60 seconds, instantly in front of the hand of contractors in the area.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Now, these contractors have two choices.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

They can accept it as a face value or submit a counter offer.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Because sometimes customers, they come in with a low ball offering.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

We want to make sure that the actual, it's fair for both clients and the contractors.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

But with a click of a button down, the customer will get a list of all the contractors.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

They can compare the rates.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

They can read reviews about each individual contractors.

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