Oltiby Inc - Online Reverse Auctions Revolutionize the Marketplace, Places Buyers in Driver’s Seat

Pompano Beach, FL - - April 27, 2006 – Oltiby Inc. has afresh added its Website to accord buyers even added ability to ascendancy prices for the items they acquirement at auctions. The agitative enhancements at Oltiby.com are allotment of the company’s online about-face arrangement account that allows buyers to set the price—not sellers.

Oltiby.com provides an avant-garde online exchange for buyers and sellers to conduct trade. “Buyers column what they ambition to buy; sellers compete, announcement their bids and abbreviation their prices to win the auction,” explained Sylvain Reiter, VP of Oltiby Inc. “The buyers are amenable for a baby fee—2.75 to 5.25 percent—based on the amount of the everyman bid.”

With Oltiby.com, it’s the buyer’s appeal that drives down prices. Consumers adjudge the best aggregate they are accommodating to pay for an item. Then, essentially, they baddest the agent who’s accommodating to appear down to their amount level. This “reverse auction” architecture creates a advocate way for purchasers to defended merchandise. “Current approved advanced arrangement action has been acclimatized by everybody in the online apple acknowledgment to eBay,” Reiter explained. “And while it has been acclimated for years, it is not economically logical. Prices should go down based on sellers’ competition, not vice-versa.”

Oltiby.com has created a different new exchange for both buyers and sellers. Its about-face online auctions account is a able apparatus that anyone can use to augment their activities on added online assets such as eBay. “We in actuality accompaniment anniversary other,” Reiter said. “For instance, a applicant who cannot acquisition a different account on eBay.com can appear to Oltiby.com, column a ‘wanted ad’ and delay for the sellers to bid.”

Oltiby is the aboriginal aggregation to action such absolute acceptance to online auctions in reverse, according to Reiter. As a result, consumers and businesses can adore a array of allowances not readily accessible through the acceptable marketplace. They can:
•Save 10 to 40 percent due to the acute aggressive ambiance a allotment of sellers.
•Conserve time because there’s no charge for analysis or allegory shopping.
•Avoid annoyance and surprises, as prices will never increase.
•Pay ad announcement fees alone if their advertisement receives bids.
•Access a advanced ambit of articles calmly and calmly online.

Although Oltiby.com primarily caters to buyers, Reiter emphasized, the website is not advised to attenuate sellers. “Sellers accept the ability to actuate how abundant they ambition to advertise their artefact for,” he added. “They are not affected to sell; they adjudge what their absolute is.”

Oltiby.com offers admired allowances to sellers absent to crop advantage of online auctions. There are no subscription, announcement or behest fees, so they can use it absolutely free. Sellers aswell can accept advertisements with pictures and a adventurous advertisement chargeless of charge, as able-bodied as chargeless email notifications if buyers column in their called category.

For added advice about how Oltiby’s online about-face auctions are impacting the marketplace, appointment www.oltiby.com . Or acquaintance the aggregation anon at info@oltiby.com


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Oltiby is an absolute and aloof exchange for all products. This website is a supplier of web arrangement solutions and is advised for trading any affectionate of artefact or commodity. Oltiby uses about-face arrangement adjustment for behest purposes. New applicants accompany for free. All applicants are buried for above control. All acute abstracts is encrypted for security.
Oltiby Inc
2201 SE 5th St, #1
Pompano Beach, FL 33060
Contact: Sylvain Reiter, Vice President
Phone: 954-663-8776 (not for publication)
Email: press@oltiby.com