Revenzy Announces No Fee Auctions for 2010
To qualify, sellers must sign up on or before March 31, 2010 and run at least one auction per month.
San Mateo, CA, January 22, 2010 --(PR.com)-- Revenzy, www.revenzy.com, announced today special promotion for retailers who utilize auctions as part of their sales strategy. Under this promotion, sellers who sign up on or before March 31, 2010, and run at least one auction a month will incur no fees of any kind, including Final Value Fee, re-listing fee, or setup fees, through December 31st, 2010 – giving them an opportunity to significantly lower their selling costs during the 2010 holiday season. The company does charge a $1 (one Dollar) per listing as a way of authenticating sellers. This fee is refunded within one business day.
Announced late 2009, Revenzy is a social auctions marketplace where friends and strangers can join together to bid in groups. Due to the inherent economies of scale, buyers are then able to bid less per-unit and still win an auction with a large group. Sellers also benefit significantly since they can lower their per-unit cost through increased volume, reduced inventory expenses, and lower selling fees. An additional benefit to sellers is lower marketing and advertising expenditure as buyers strive to build bigger groups to win at the best possible price – a process that Revenzy makes extremely easy by seamlessly connecting to many of the popular email and social networks including Gmail, Facebook, Hotmail, and MySpace. The company expects the value it creates for both buyers and sellers to eventually make Revenzy.com a destination site for new and used consumer electronics, sporting goods, and accessories, due to these categories’ relatively accelerated retail life-cycle, and pricing models that encourage volume discounts.
“We had a really good response to our site during the 2009 holiday season with a lot of positive feedback from retailers who thought they would benefit from social auctions. This promotion is designed to remove all risk for retailers to try us out without any concerns. We are looking forward to our partnership with a progressively larger community of sellers as retailers and consumers discover the tremendous opportunities social auctions creates for both groups.”, said Bob Dourandish, Revenzy’s founder.
About Revenzy
Revenzy is an innovator in social commerce. Our social auctions marketplace allows consumers to join with friends and strangers to bid on auctions as a group. In doing so, we take advantage of economies of scale to produce tangible, measurable, and quantifiable value for both buyers and sellers.
###
Announced late 2009, Revenzy is a social auctions marketplace where friends and strangers can join together to bid in groups. Due to the inherent economies of scale, buyers are then able to bid less per-unit and still win an auction with a large group. Sellers also benefit significantly since they can lower their per-unit cost through increased volume, reduced inventory expenses, and lower selling fees. An additional benefit to sellers is lower marketing and advertising expenditure as buyers strive to build bigger groups to win at the best possible price – a process that Revenzy makes extremely easy by seamlessly connecting to many of the popular email and social networks including Gmail, Facebook, Hotmail, and MySpace. The company expects the value it creates for both buyers and sellers to eventually make Revenzy.com a destination site for new and used consumer electronics, sporting goods, and accessories, due to these categories’ relatively accelerated retail life-cycle, and pricing models that encourage volume discounts.
“We had a really good response to our site during the 2009 holiday season with a lot of positive feedback from retailers who thought they would benefit from social auctions. This promotion is designed to remove all risk for retailers to try us out without any concerns. We are looking forward to our partnership with a progressively larger community of sellers as retailers and consumers discover the tremendous opportunities social auctions creates for both groups.”, said Bob Dourandish, Revenzy’s founder.
About Revenzy
Revenzy is an innovator in social commerce. Our social auctions marketplace allows consumers to join with friends and strangers to bid on auctions as a group. In doing so, we take advantage of economies of scale to produce tangible, measurable, and quantifiable value for both buyers and sellers.
###
Contact
Revenzy
Bob Dourandish
209-487-5648
www.revenzy.com
Bob Dourandish
209-487-5648
www.revenzy.com
Contact
Categories