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

YouTube Videos

 
 
 

49 weeks 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

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Indian American author's 'Unsuitable Celibate' released on Amazon's Kindle
Chicago, Oct 26 (IANS) A novella that deals with the complex issue of celibacy and teenaged monks among certain sections of the Indian American community has just been released for the global market on Amazon's Kindle.
 
 
Brazilian president denies awareness of corruption scheme
Brasilia, Oct 25 (IANS) Brazilian President Dilma Rousseff said that she was not aware about an alleged party corruption scheme linked to oil giant Petrobras.
 
 
Stamps on Malay folk stories to be launched
Kuala Lumpur, Oct 25 (IANS) Malay folklore will be depicted on a new stamp collection to be launched by Malaysian postal services Monday.
 
 
Japan's Kabuki theatre goes global through internet
Tokyo, Oct 24 (IANS/EFE) Kabuki, the traditional Japanese theater, is seeking to become more global, and to that end, an "online" project was introduced Friday, a platform for connecting fans of this ancient discipline across the world.
 
 
 

Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
 
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
 
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
 
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
 
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
 
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
 
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
 
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla