You’ve probably heard of "e-commerce", right? Well, welcome to the
next evolution - what we call: "drip" commerce.
Microbid turns all those untapped (or inactive), potential, paying
Customers into "fractional" Customers by making it possible for them
to simply place tiny, "micro" bids on your products, items, goods,
services and more - for the opportunity to buy them up to 90% off your
regular price - without any concessions (ie. discounts) needing to be
made by you (and your brand).
Best of all, users also earn instant Loyalty for every bid - redeemable
for discounts and rewards from Microbid - or your brand too (optional)
-
plus the chance to win Instant Cash Prizes in the process.
So, we help keep your entire target market warm, engaged and ready to
make regular purchases from your brand at any time.
Last, but not least - bids roll-over, making it so no bid is ever wasted
and we also have the most advanced Mobile Rich Push Notifications
technology in the world and let you send 100% free media-rich, push
notifications to your Customers/Audience any time you want.
And, not only does this not cost you anything - you actually get paid
from it on top of all that.
SELL/CROWD-AUCTION YOUR ITEMS - AND GET PAID
We figure - it’s your Customer base,
so you own them and should keep "owning" them. And, that’s worth
something to us - so, we built in a
Creator’s Bonus of 15% of Face
Value for every Auction you create/host.
And, you get that from every bid -
even if your Crowd Auction
isn’t successful. (Note: That’s because and why Microbid
offers Loyalty + Rewards for every bid, which also serves as a fall-back)
In addition, if you were the first to refer a user/customer - you instantly
become their "Parent" Referrer, which means your brand earns 10-75% commissions
on nearly all their spending activities - for life.
That’s a minimum of +25% over your asking Face Value that your brand
will receive for every Crowd Auction you create and host on Microbid.
And, if you have a really big and/or loyalty Customer base (or Audience, etc)
and want to work with us more closely, we’ll offer up to an additional
15% - bringing your total surplus to +40% (over ask/Face Value).
Microbid helps Sellers turn anything into a crowd-powered Auction where
multiple winning Bidders pay up to 90% off your regular prices - while you,
the Seller, Brand, Business or Creator (providing the item, good or service)
always receives 100%-140% of your asking price (ie. Face Value).
It’s sort of like Groupon + Ebay + the Starbucks App + Penny Bids.
Here’s a few screenshots...
HOW MICROBID WORKS FOR BRANDS
1. About how big is your "target" market? Let’s call them X.
2. And, about how many of those people would you say are your paying Customers?
Let’s call them Y.
3. Take X - Y = Z. Z is the part of the market who aren’t
currently your paying Customers (or simply inactive right now).
But, what if they could buy your product(s), services - or whatever you sell
for up to 90% off of your regular price(s)? And, without any concessions or
discounts needing to be made by you or your brand. Do you think they would?
You wouldn’t have to give a thing or discount away - unless you wanted.
But, how’s this even possible - you ask?
Loyalty-powered Reverse, Crowd Auctions.
But, not the kind where you pitch
them to buy
your product.
The kind where they line up to crowd pay the lowest prices for
your
product, item, good or service.
Meet
Microbid.com.
HOW MICROBID AUCTIONS WORK
The average "Cost of Goods Sold" in America is 20%-60%, so we flipped that
model on its head and created a reverse-auction system where
we collect
micro bids equal to about 3Xs the Face Value of a product, item, good or
service - even if it’s a multi-winner Crowd Auction.
In those cases (ie. multi-winner), the Face Value of the overall Crowd Auction
is calculated by simply multiplying the Total Amount of estimated Winning
Bidders by the Face Value of 1 Auction Product, Item, Good or Service -
plus, any necessary fulfillment fees or expenses.
And, that allows Microbid to fulfill any Crowd Auction, as well
as pay various community bonuses to members who help us promote Microbid
and various Crowd Auctions.
For example 10% Referral Bonuses, 15% Creator Bonuses, 11%+ in Instant
Rewards, Affiliate Bonuses + RevSharing & more.
INVALUABLE EXPOSURE + MARKETING POTENTIAL
Maybe the best part - is that you also get a mountain of free exposure
and
reach for $0, zilch, nada, cero (Spanish), zéro (French), null (German),
nolla (Finnish/Swedish), nula (Czech), sıfır (Turkish)...you get the picture.
And, yes - you also get to see everyone who bid
and you’ll even be
able to contact them (if they opted in) - or at least be able to reach them
with banners, videos, etc. through Microbid.com - or reach them via
"Rich" Push Notifications via the official
Microbid Mobile App. All 100% free. Yep, free.
ps - Our Rich Push Notifications feature the ability to add Images, Video,
clickable links and up to 160 characters. In addition, we’re adding
an entire Notifications Management Dashboard where you’ll be able to
easily re-send any push, schedule pushes and even create Lists/Groups for
various segments of your Customers, Audience, etc.
GETTING STARTED IS EASY
Just create a Microbid Crowd-powered Auction.
1. Give your Auction an
Auction Title (or Name).
2. Set your
Auction Price (ie. overall Auction Value or Face Value).
3. Enable
Roll-over bids (optional) if you plan to run your Auction
continuously and have multiple winners.
4. Enable
Multiple Winners if your Auction will have a Top 3, 5, 10, 20, etc
in the highest Bidders each as Auction Winners.
Microbid’s system instantly and automatically takes care of the rest.
Whichever Bidder or Bidders reaches your Bid Goal
first become instantly eligible to win your Auction if and when it reaches (ie.
meets) its Reserve Goal - which is a total amount of bids (from all Bidders) that
the system sets that must be reached for an Auction Winner to be declared.
Then they pay us $1 - and we pay you 100% of your Auction’s Asking
Price/Value. Simple.
- The same applies for multiple winners. Once the Auction's Reserve is met,
the X highest Bidders will automatically win the Auction.
INSTANT REWARDS
And, one final thing - every single bid that
members place earns them automatic loyalty
plus the chance to win Cash +
larger Prizes, Cash Advances as well as
your Auction - instantly. And,
the greater your Loyalty score, the more (and bigger) the prizes you’ll win.
SPEAK
TO SOMEONE FROM OUR LEADERSHIP TEAM
If you’d like to speak to one or more members from our Leadership
Team or get a tour and demo of the Microbid Platform, please feel free
to get in touch at
contact@microbid.com
or call us at 312-857-3511 (Chicago Local).
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