07-23-2008, 10:21 AM
coming soon from Ubid: http://www.redtag.com/
full press release: http://www.ubid.com/about/press_room/072...redtag.pdf
press release Wrote:uBid.com Holdings, Inc. (UBHI.OB), a leading asset recovery solutions company for the worlds most trusted brands, today announced the planned launch of RedTag.com as part of its new business strategy of creating a comprehensive, multi-channel asset recovery solution.
RedTag.com, whose launch is projected for August 29, 2008, will be a fixed price e-commerce website in the uBid.com Holdings, Inc. collection of asset recovery channels. In preparation for the acquiring of assets of RedTag.com, potential fixed price only revenue will be separated from uBid.com Holdings Inc.s flagship auction site, uBid.com.
We are delighted to offer a fixed price sales channel to our base of over 7,000 sellers as an additional asset recovery solution, said uBid.com Holdings, Inc. Executive Vice President of Account Management and Seller Solutions Timothy Takesue on the launch of RedTag.com. And we are elated to offer our consumers a tremendous value on excess inventories, with a money back satisfaction guarantee and a fixed $1.95 ground shipping rate on the RedTag.com site.
The new fixed price excess inventory solution channel will enable uBid.com Holdings Inc to offer a better overall value proposition to its buyers as well as its sellers.
Our research indicated that buyers are also looking for brand name deals at a fixed price, in addition to our auction format, explained uBid.com Holdings, Inc.s Chief Executive Officer Jeff Hoffman. With the coming launch of RedTag.com, we are enabling ourselves to better serve our customers looking for fixed price deals while providing our sellers with a fixed price asset recovery solution. Its dually beneficial.
full press release: http://www.ubid.com/about/press_room/072...redtag.pdf