Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Webb’s Facebook Only Auction Platform:No Reserve 1ct Diamond

Webb’s Launch New Facebook Only Auction Platform with a No Reserve 1ct Diamond

New Zealand art auction house Webb’s is auctioning a no reserve 1ct diamond via the Facebook-only auction app BuddyBid – an app co-founded by Webb’s managing director Neil Campbell.

BuddyBid was launched in May 2012 as a means of “solving the need for brand owners to better monetize their social communities in a more engaging and viral way.” One of the early supporters of BuddyBid was Internet mogul Kim Dotcom.

“We've built a simple and transparent auction platform that lives within the most connected and communicative environment to have ever existed,” explains Campbell. “Combine this with the simple truth that goodwill and trust between people makes for better dealings, and you have BuddyBid.”

BuddyBid has the potential to become a major platform for the sale of collectables online. As more businesses embrace the benefits of social media, the demand for greater exposure via social media platforms such as Facebook can only increase.

With the app being used in over a hundred countries already and all kinds of business exploring apps expect to see more brands setting up their own auction platforms.

Cruise liner companies selling last minute cabins to their fans and friends of fans, Media companies auction distressed inventory to their favoured clients, Starship foundation auctioning off art to raises funds.

Expect to see more fine jewels being auctioned via Webb’s Facebook page in the near future.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Stats NZ: Annual Goods Trade Surplus At 28-Year High

New Zealand’s annual goods trade surplus reached a 28-year high of $2.2 billion as imports tumbled in the year ended October 2020, Stats NZ said today. “This is the largest annual surplus since the July 1992 year, driven mainly by much lower ... More>>

ComCom: How Real Is That Bargain?

The Commerce Commission urges retailers and consumers to think hard about the bargains being offered as ‘Black Friday’ and Christmas draw near. Black Friday has now overtaken Boxing Day in terms of retail spending, according to data from electronic ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>