Reverse Auctions via Social Media.

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Forums › Startups › Reverse Auctions via Social Media.

bozoonpatrol

4 posts

Wannabe Geek

#119311 27-May-2013 22:55

Hey guys, so I launched a new site today - would love to hear some feedback :). The site features products and services from various businesses. Each time someone Shares one of them on Facebook it goes down in price. The more people share it, the lower it becomes - first to buy wins it. Site users get cheap products (no limits to how low the price gets), whlie businesses get exposure via social media and ads on the site.

Site's called Power Gift: www.powergift.co.nz

What do we think?

1080p

1332 posts

Uber Geek
+1 received by user: 152
Inactive user

#826734 27-May-2013 23:42

www.powergift.co.nz

For those who don't like copy/paste.

The static bar with logo/FB log in irritates me. I think the orange header text could be a better font. Otherwise I don't mind the design.

Concept is pretty cool but I absolutely despise Facebook app/share requests even for (especially for?) cheap deals so I'll not be participating.

eXDee

4033 posts

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+1 received by user: 1070

Trusted

#826746 28-May-2013 00:11

If you can gain enough users sharing to get prices down to near the "deal site" levels, it could become quite successful. Theres going to be quite a bit of chicken and egg sort of situation going on to begin with though.

Ragnor

8279 posts

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+1 received by user: 585

Trusted

#826750 28-May-2013 00:36

1080p: www.powergift.co.nz

For those who don't like copy/paste.

You left out the http

http://www.powergift.co.nz/

kiwitrc

4123 posts

Uber Geek
+1 received by user: 833
Inactive user

#826768 28-May-2013 07:16

Limiting it to Facebook only, reduces your potential market greatly.

bozoonpatrol

4 posts

Wannabe Geek

#827313 28-May-2013 20:41

Thanks for your replies everyone.

1080p: www.powergift.co.nz
The static bar with logo/FB log in irritates me.

Is it just cos it's not scrollable like other content is, or something else (color/height)?

1080p: www.powergift.co.nz
I absolutely despise Facebook app/share requests even for (especially for?) cheap deals so I'll not be participating.

Fair enough. Are you the sort of person who's ever interested in buying things for cheaper than it's full price? If so, how would you rather see the site work to actually make you wanna use it?

eXDee: If you can gain enough users sharing to get prices down to near the "deal site" levels, it could become quite successful. Theres going to be quite a bit of chicken and egg sort of situation going on to begin with though.

Totally agree. The deals themselves are free to go as low as you'd want them to, if noone buys them beforehand (minimum price limit is $0.01). Like you said though its all about getting users to share them to begin with. I think the real challenge here is how can you make the process so effective that when someone 'Shares' a deal it gives out enough information and incentive for whoever sees the the message on the newsfeed to go and share it too.. Then the chicken/egg issue would effectively be solved I assume?

kiwitrc: Limiting it to Facebook only, reduces your potential market greatly.

Going further there's definitely room to create functionality for other social networks (Twitter, G+ etc). I wanted to test out how well it does on FB as a start though.