1 Updates
Auction.LK, Sri Lanka's Latest Online Marketplace Launches
Photo Credit: PR.com

Auction.LK, Sri Lanka's Latest Online Marketplace Launches

Nov 14 2013, 6:02am CST | by PR.com

Auction.LK, Sri Lanka’s latest online marketplace launches today. The new site enables Sri Lankans to buy and sell online on an fun, intuitive and local auction based platform.

Colombo, Sri Lanka, November 14, 2013 --(PR.com)-- Auction.LK, Sri Lanka’s latest online marketplace launches today. The new site distinguishes itself from the standard classified websites, as it...

Filed under: news

Tweets

 
 
 

1 year ago

Auction.LK, Sri Lanka's Latest Online Marketplace Launches

Nov 14 2013, 6:02am CST | by PR.com

Auction.LK, Sri Lanka’s latest online marketplace launches today. The new site enables Sri Lankans to buy and sell online on an fun, intuitive and local auction based platform.

Colombo, Sri Lanka, November 14, 2013 --(PR.com)-- Auction.LK, Sri Lanka’s latest online marketplace launches today. The new site distinguishes itself from the standard classified websites, as it offers buyers and sellers an online auction based platform to buy and sell goods.

The site makes buying & selling fun, and is advantageous to both parties because the item is sold in an online auction format. The site is owned and managed by Platform Technology, a web development company based in Colombo 7. According to the company, an online auction is “the perfect market” – as it is the point where supply for a product exactly meets demand. As a result, the bidder gets the best price for the item - as it is the market price, and the seller is also satisfied - as he has sold it to the highest bidder.

Auction.LK has multiple unique benefits to both buyers and sellers. For buyers – the site is safe as it has many carefully thought out security features built-in such as ‘Address Verification’ – where users (both buyers & sellers) can request a generated PIN code that will be mailed via postal service to their address. Once this code is input into the site an “Address Verified” badge will be displayed on their account - thereby increasing confidence in the user and the platform.

The site also has implemented a User Feedback System similar to eBay – where Buyers and Sellers will receive feedback from each other once a transaction is complete on the site. Users will therefore want to provide a good service to one another to ensure that their positive rating is at 100% so that they can continue to do business successfully on the site.

For sellers, while they can entice potential buyers with a low minimum starting bids on products, they can also protect themselves by setting a ‘reserve price’ on their listing which ensures that they are always pleased with the price that the item was sold for.

For limited liability businesses that register and sell their items on the site, they have the option to become a ‘Premium Seller’ – where their brand will be featured on the site and a ‘Premium Seller’ seal will display on their account so buyers know that they can purchase with more confidence.

For more information about Auction.LK, and to start trading now – please visit: http://auction.lk

Contact Information:
Platform Technology
Joys Chokatte
0094773783448
Contact via Email
http://auction.lk

Read the full story here: http://www.pr.com/press-release/527759

Press Release Distributed by PR.com

Source: PR.com

 
Update
1

Tweets

 
 
 

blog comments powered by Disqus

Latest stories

Ten Models including Kate Grigorieva Become Victoria's Secret Angels
Ten Models including Kate Grigorieva Become Victoria's Secret Angels
Lingerie label Victoria's Secret signs ten more models into its Angels model team.
 
 
Rihanna becomes First Black Face Of Dior
Rihanna becomes First Black Face Of Dior
Rihanna has reportedly signed for Dior and she will be in their next Dior Secret Garden video as a director leaked the news on Facebook.
 
 
Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human.
 
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to OxfordDictionaries.com, the free online dictionary, in its largest quarterly update so far.