WWA Group, Inc. has announced the record breaking conclusion of the most recent auction held at WWA Group’s Dubai facility during the period December 20, 21, and 22, 2008.
Gross auction sales exceeded US$33.1 million and involved more than 365 registered bidders from 23 countries. Equipment consigned by 115 consignors from 16 countries, comprised of […]
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WWA Group Record Auction in Dubai
Christie’s have announced an extraordinary group of watercolors by the great 19th century British artist Joseph Mallord William Turner. The five watercolors, including four landscapes and one rare study of a woman’s face, will be among the highlights of Christie’s Important Old Master Paintings auction on January 28, 2009. The group comes from the estate […]
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Turner Watercolors Highlight New York Auction
DUBAI, United Arab Emirates - WWA Group, Inc. (OTCBB:WWAG) today announced record revenue, gross profit and net income for the six-month period ending June 30, 2008.
Gross revenue for the January through June 2008 period increased by 15% over the same period in 2007, to nearly $16 million. Gross profit for the January through June 2008 […]
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WWA Group Post Record Financial Results for First Six Months of 2008
NEWPORT BEACH, Calif., - The LFC Group of Companies, the nation’s premier online real estate auction marketing firm, is proud to announce the launch of a new land auction on its commercial auction website, http://www.LFC.com. Featuring land that once served as tree farms, a Portland, Oregon-based timberland investment advisory firm selected LFC to auction some […]
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LFC Group of Companies Launches Online Auction of More than 7,000 Acres of Land
With Pudgin.com’s reverse auction and Group Buying, buyers get the best deals by influencing price and quantity–while sellers get fast access to real customers. And it all happens within 72 hours.
Internet purchasing is nothing new in the B2B world. But the recent marketplace site Pudgin.com has added what was missing: responsive interactions between buyer and seller that match real-world trading.
“It’s a new concept that makes Pudgin.com ultra-dynamic, beyond being just a marketplace portal” said Business Development Manager Stéphane Denoux “What’s different is that buyers can influence the price, and small and medium-size businesses can join together to make group purchases.”
“As a result, buyers get the best possible deal, and sellers can unload their surplus rapidly,” Denoux asserted. The trade cycle on Pudgin.com is 72 hours, giving participants rapid access to suppliers and prospects.
Pudgin.com was designed to enable buyers and sellers to influence each others’ offers. With the site’s reverse auction feature, sellers can modify their unit price to remain the best seller, helping ensure a sale. When the 72-hour time limit on a trade lead expires, the seller who proposed the lowest price gets the leads.
Buyers can use the Group Buying feature for greater savings by adding their requested quantity to one or more existing trade leads. This, together with the reverse auction feature, allows buyers to influence price and quantity–just like in real-world transactions.
“Both buyers and sellers receive responses to their trade leads within just 72 hours,” said Denoux. “That means everyone saves time while making viable contacts that end in transactions.”
Pudgin.com’s buying cycle is operational between 8 a.m. and 12 a.m. GMT/UTC, Monday to Friday. Once the trade lead expires, the interested parties receive an email alert and have 48 hours to confirm their engagement.
Two pages on the site clearly describe the selling and buying process. Pudgin.com also keeps members informed about business opportunities without flooding their in-boxes. After selecting categories of interest in their membership area, members receive one email a day listing trade leads that interest them.
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Pudgin.com Reverse Auction and Group Buying
