Mainz, August 15, 2007 – who founded PushThePrice limited takes over the operation of the free auction house PushThePrice on the Internet on July 23, 2007 in Nottingham. In contrast to traditional auction houses, PushThePrice is based on the principle of a reverse auction (reverse auction). Not the seller of the goods opened an auction, but the user who wants to buy these goods. Speaking candidly Bill Frisell told us the story. The lowest bid wins the contract, seller is the motto: who is offering less? PushThePrice reach on the Internet and is operated by PushThePrice limited. The principle: In traditional auction houses, the seller opened the auction with the description of the article, he would like to sell.
At PushThePrice, the auction holder opened an auction for an article he wants to buy. While he selects a maximum price he wants to pay for this article. Users who want to resell this item on the auction holder, submit a corresponding bid. According to the Registration can the user all the features of PushThePrice completely free use: the opening of auctions as well as making a bid on an auction is free of charge. The use of PushThePrice is thus entail costs for the auction holder or the user who submits a bid at the auction.
The auction owner also determines who pays the shipping costs and which payment method to accept (trust service by PayPal or iloxx included). PushThePrice also offers its users an InfoMail service. This informs the user about newly opened auctions where you selected categories. The advantages: The auction holder as well as the offering have many advantages. The auction holder has the advantage that it receives the requested article at the price which he would like to pay maximum or at a cheaper price. While an auction bids can get multiple offers and the cheapest bid will be awarded the contract. With this principle the buyer is not more like conventional Outbid auctions of other bidders.