Erie, Pennsylvania (PRWEB) June 20, 2012
Online auctions, great deals, new shopping platforms, and giving to those in need are not often mentioned in the same breath. bidcycle.com, a new fundraising website, will change all that when it launches in July.
Featuring the taglines, Bid for Your Cause and The Fastest Auction on the Planet, bidcycle is being created to reinvent the online auction model, which typically uses timers that result in hours (or days) with few or no bids being placed, only to see activity increase dramatically in the final seconds of an auction. The bidcycle platform, in contrast, will offer a limited number of bids in each auction. When the final bid is placed, the auction “cycles” and the winner is declared.
“We will announce more details when we unveil the site, and consumers will learn that bidcycle represents an entirely new approach to shopping that will be fun, entertaining and rewarding,” states Jeff Parnell, the company’s CEO and an executive with more than 15 years of e-commerce experience. “Our original founder set out to create an entirely new business model, and we’ve worked hard to build on this objective. Auction winners will save 60 – 90% off retail prices, and our bidding experience will be truly unique.”
Another key business philosophy is the company’s passion to fund the nonprofit sector. “Our team feels strongly that nonprofits need and deserve our support, and we incorporate this into our mission by empowering consumers to choose their favorite participating nonprofit each time they bid. Over the past several weeks, we have begun to establish partnerships with a select group of nonprofits that will enable this process to take place.”
One “bidcycle Beneficiary” (as the company refers to its nonprofit partners) is Rebuild Hope, which helps families of seriously disabled Iraq and Afghanistan war veterans. The organization believes that the new partnership will enable its team to assist an even greater number of veterans, caregivers and children. Rebuild Hope’s Founder and President Dana Hendrickson also appreciates bidcycle’s uniqueness, pointing out that "both organizations employ one-of-a-kind service models, leveraging the reach and power of the Web."
Military challenges in the Middle East were also a driver behind USA Cares’ decision to align with bidcycle. “For 10 years now, our nation's military has been involved in (Middle East) missions that have protected us all. Through bidcycle, Americans can easily assist the military and have fun while they do it," shares Loni White, USA Cares Director of Communications.
Honor and Remember is another patriotic organization that has forged an early partnership with bidcycle. The nonprofit pays tribute to the sacrifices paid by our fallen military heroes, through the creation and adoption of a nationally recognized flag of remembrance. Founder George Lutz, who lost a son in the Iraq war, learned through relationships with other families of fallen service members that it was critical to ensure that their sacrifices would be remembered, and he appreciates a new platform to further this process. “I am pleased to be part of the bidcycle network and look forward to sharing our message in an exciting new venue," he states.
A very different type of nonprofit, Herd Racing Foundation, relies on its unique platform—professional powerboat racing—to provide strong messages of encouragement to the less fortunate. Dana Tomes, who pilots Herd Racing’s boats (named because of the team’s affiliation with the Marshall University Thundering Herd), is also one of the Foundation’s leaders, and his group makes it a point to visit every community in which he races. He looks forward to his bidcycle partnership and the opportunity to reach more of those in need. “We bring a fun, upbeat message of faith and family, and consider our ministry to be a real privilege.”
The Kanzius Cancer Research Foundation—an innovative group that has received national recognition for its pioneering work to combat one of the world’s most significant medical challenges—is another new Beneficiary and is dedicated to accelerated testing and development of its Kanzius Noninvasive Radiowave Cancer Treatment. Their treatment serves as an alternative to radiation and chemotherapy, which often bring undesirable side effects, and the group’s passion for its work stems from the impact of cancer on our society, a point well stated by Kanzius’ Executive Director, Mark Neidig, Sr. “There’s not a person who hasn’t been affected by cancer, so we are excited to partner with bidcycle to help fund the research of the world’s most promising cancer treatment,” he shares.
From its initial stages, bidcycle’s founding team has believed strongly that the sluggish U.S. economy makes the company’s no-cost fundraising platform even more attractive for many nonprofits, a thought that is shared by VeteransPlus, a Veteran-founded nonprofit whose goal is to provide comprehensive education and understanding of personal financial issues to veterans. “Now more than ever, we seek meaningful partnerships and bidcycle brings innovation to the idea of supporting each other,” states John Pickens, the organization’s Executive Director.
Parnell is quick to point out that the opportunity to work with a variety of organizations that drive positive change is the most rewarding part of his role. “Each Beneficiary that we’ve selected is a first class organization which impacts communities across America, and I feel privileged to build these relationships. We carefully review each nonprofit that we consider, and will showcase each organization’s unique mission. Our goal is to become a true fundraising partner, and because the consumer can benefit by participating in our auctions, we view this as win-win.”
The Yellow Ribbon Registry Network, which provides military heroes with a place to seek assistance and locate assistance from nonprofits who are positioned to meet these needs, was one organization that recognized bidcyle’s intentions very quickly. “We are careful to align ourselves with quality programs and we feel it starts with the people behind the program. That component makes this a worthy partnership,” according to Christopher Fitzpatrick, Yellow Ribbon’s Program Director.
Freedom Is Not Free assists wounded service members and their families, as well as families of the fallen, and is another organization that appreciates bidcycle’s passion. John Winslow, the group’s Executive Director, sums it up nicely when he says, “Their desire is to give back to nonprofit organizations that support our communities. By tying philanthropy into their business model, bidcycle has created an opportunity to deepen the impact of charities working on some of our country's most critical social issues."
About bidcycle, LLC: Based in Erie, Pennsylvania, bidcycle was created to combine online auctions and empowered fundraising. With a unique platform that will change the way consumers bid, win, and enjoy significant savings on great products and services, bidcycle will also allow its participants to choose their favorite nonprofit each time they purchase bids.
Contact: Jeff Parnell, CEO