Boris A. Zhukov (LetYouKnow)
Overview
Boris A. Zhukov is a prominent entrepreneur, best known as the co-founder and CEO of LetYouKnow, Inc., an innovative e-commerce platform that leverages artificial intelligence to revolutionize the new car buying process. Established in 2019, LetYouKnow allows consumers to bid their own prices on new cars, offering a seamless and haggle-free purchasing experience. Zhukov's leadership and vision have been instrumental in advancing the company's technology and expanding its market presence. His work has positioned LetYouKnow as a noteworthy player in the automotive e-commerce industry.
Recent Developments
- 2023: LetYouKnow introduced an "autopilot" feature designed to enable new car dealerships to set automatic pricing thresholds, facilitating more efficient sales processes. This innovation reflects Zhukov's continued focus on leveraging technology to simplify car dealership operations.
- 2023: The company reported substantial growth, with an increase in dealership sign-ups across various states in the US ranging from Wisconsin to California.
- 2022: LetYouKnow launched its mobile applications for iOS and Android, expanding its user base and enhancing accessibility for consumers looking to purchase cars on-the-go.
- 2022: The platform embraced its proprietary "Name Your Price Format," allowing users to have greater control over car pricing and purchasing.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Boris A. Zhukov |
| Born | N/A |
| Nationality | American |
| Occupation | CEO and Co-founder of LetYouKnow, Inc. |
| Known For | LetYouKnow, Inc. - Car buying platform |
| Net Worth | N/A |
| Education | Ph.D. Economics, North Carolina State University |
| Residence | Seattle, Washington |
Early Life and Education
Boris A. Zhukov pursued higher education with a strong focus on economics. He received his Master's degree in Economics in 2007, followed by a Ph.D. in Economics in 2014 from North Carolina State University (NC State). During his academic journey, Zhukov developed a keen interest in statistical analysis and economic modeling, skills that would later serve as the foundation for his entrepreneurial endeavors. The supportive academic environment at NC State, known for fostering entrepreneurship, provided Zhukov with the tools and inspirations to challenge conventional commerce processes.
Career and Notable Achievements
- 2019: Co-founded LetYouKnow, Inc. with Gang "Aaron" Shao, establishing a new method for consumers to purchase new vehicles using AI technology.
- 2020: Officially launched the LetYouKnow platform on the web, gaining early traction among tech-savvy car buyers seeking a hassle-free purchasing experience.
- 2022: Released consumer mobile applications, broadening the platform's reach and accessibility.
- 2023: Innovated the autopilot pricing feature for dealership efficiency.
- Recognition: Known for being a TEDx speaker, Zhukov is also recognized for his insights on economic value creation and entrepreneurship.
Current Work and Impact
Under Boris Zhukov's leadership, LetYouKnow continues to disrupt the traditional car buying experience by eliminating price negotiations and equipping buyers with the power to propose their own prices. This approach not only benefits consumers but also aids sellers in reaching a wider buyer audience without incurring additional marketing expenses. LetYouKnow's influence on the automotive sales industry highlights Zhukov's commitment to integrating advanced technology to meet market needs and improve consumer satisfaction.
Conclusion
Boris A. Zhukov stands out in the landscape of automotive e-commerce for his innovative approach to car sales. His work with LetYouKnow, Inc. introduces a transformative platform where consumer empowerment takes precedence, and AI technology significantly streamlines the car buying process. As the company progresses in its mission of making car transactions seamless and efficient, Zhukov's impact is likely to endure, fostering greater transparency and efficiency in the automotive market in the years to come.