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