eGainers® a pioneering online marketplace, recently announced the launch of egainers.com. The new website....allows bidders to potentially win products for free while sellers can sell products above their desired prices.
Miami Beach, Florida (PRWEB) February 05, 2013
eGainers® a pioneering online marketplace, recently announced the launch of eGainers.com. The new website, based on an official Patent Pending idea, features what the company describes as “a simple and revolutionary way of buying and selling products where you earn more money and get free stuff” that allows bidders to potentially win products for free while sellers can sell products above their desired prices.
The system works through a series of blind biddings in which the highest bidder wins the auctioned product for free, while the sum of all the remaining bids go to the seller.
The internet has a number of websites dedicated to giving users an accessible market for a variety of deals. Over the last decade, online shopping has expanded rapidly, becoming a billion-dollar industry that is estimated to eventually be worth over $200 billion by 2015. As a result, new entrants in this saturated market would likely face considerable competition. However, the new online company eGainers® may receive an edge in the industry through a significant innovation in online commerce.
eGainers® builds upon the preexisting auction model, made popular by industry giant eBay, but makes a significant departure. Those wanting to participate must begin by registering for free. Members are then allowed to place any product of their choice for bidding, ranging from goods and personal items new or used, to services and experiences from the user’s business, e.g. dinner if you own a restaurant, a job offering as a babysitter.
It is in the bidding process that eGainers® departs significantly from current online auctioneers. The seller selects the price they desire for the products they’re trying to sell. Interested buyers place their “low ball” bids secretly, in virtual sealed envelopes, without knowing either the seller’s preferred amount or one another’s offers. Bidders will not learn of this information until either the allotted bidding time runs out, or until the collective bids reach or surpass the seller's desired price "Deal On". The highest bidder wins the product and a voucher equal to his winning bid, thereby winning the product for free. Meanwhile, the seller receives the total amount of the remaining bids, from which eGainers® deducts a small share.
All non-winning bidders can recuperate their non-winning bids using a virtual wallet, (the MoneyBox). The bids can be saved in the MoneyBox and be used to purchase a similar product listed for sale by other users and discounted by the non-winning bid amount.
If the seller’s desired price is not met when the clock hits zero on the sale, “Deal Off”, nothing happens. The seller keeps his product, and all bids are returned to their respective bidders.
eGainers® Founders, Management and Engineering Team come from a series of other successful business backgrounds ranging from online, retail and Information Technology in the last ten years.