MediaBids.com
Conducts 6,500th Print Advertising Auction
Released
on: January 14, 2008, 10:59 am
Press
Release Author: Mediabids,
Inc.
Industry:
Advertising
Press
Release Summary: MediaBids.com, the Newspaper and Magazine Advertising
Marketplace, announced today that the 6,500th print advertising
auction was created using its patented reverse-auction system.
Press
Release Body: MediaBids.com, the Newspaper
and Magazine Advertising Marketplace, announced today that
the 6,500th print advertising auction was created using its patented
reverse-auction system.
MediaBids’ online marketplace for newspaper
and magazine advertising provides buyers and sellers of print advertising
the option of conducting business through a patented reverse-auction
platform. Advertisers place their advertising dollars up for bid
using a simple online RFP auction form, and publications bid using
their ad space as currency. Advertisers can choose as many or as
few local, regional and national newspapers, magazines, shoppers,
trade publications, newsletters and journals to invite to bid on
their ad budget.
“Our
advertising auctions are a win-win for both publications and advertisers.
Advertisers find auctions to be a great way to quickly gather rates
from multiple publications and because of the competitive nature
of the process, they often receive significant savings off rate
card prices. For publications, the auction process, offers a fast,
easy way to sell to advertisers that their salespeople are not reaching,”
said Jedd Gould, President of MediaBids, Inc.
There
is no charge associated with participating in a print advertising
auction via Mediabids.com – advertisers must
only create a free account to have access to the process. To view
live auctions or create a free account, please visit http://www.mediabids.com
About
Mediabids.com
Mediabids.com, the Newspaper and Magazine
Advertising Marketplace, offers a patented online process
that enables the buying and selling or print advertising space in
U.S. newspapers and magazines. Advertisers and publications can
interact through an advertiser auction, in which advertisers place
print advertising dollars up for bid and publications compete, or
through advertising offers in which publications place ad space
up for sale and advertisers can purchase instantly. Mediabids
also provides traditional print media planning and buying
to all registered advertisers. To date, over 10,000 businesses have
registered on Mediabids.com to purchase advertising
and over 4,500 newspapers and magazines have registered their print
publications to sell ad space. www.mediabids.com
Toll-Free 1-866-236-2259
Web
Site: http://www.mediabids.com
Contact
Details: Media Contact:
Jessica Lampron
Mediabids, Inc.
448 Main St.
Winsted, CT 06098
Phone: 1-866-236-2259
E-mail: jlampron@mediabids.com
Websites: http://www.mediabids.com
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