QualityStocks would like to highlight GankIt.com (
OTCQB: GANK), a competitive online auction site and marketplace powered by crowdsourcing, a web phenomenon that uses the power of a crowd to accomplish a goal. This translates into better deals for the consumer and an efficient, transparent marketplace for manufacturers of products. The company only sells brand new, factory-sealed items.
In the company’s news,
GankIt.com announced that it has reached a significant milestone of 50,000 members who have all signed up to engage in the sites daily auctions. With unique bidding options, including a “Buy Now” button, GankIt members often receive huge savings. On average, auction winners have saved over 98% off manufacturer’s suggested retail prices (MSRP). GankIt’s growing membership base has fueled the company’s continued marketing efforts, together boosting the sites popularity.
“This is an exciting time for our business and we’re looking forward to a record year,” commented CEO of GankIt.com, John Arnold. He added, “Based on our new national marketing campaign, we are projecting membership growth to reach 500,000 members by the end of 2014.”
Another great feature of GankIt.com is the “Redeem Now” option, which allows winners to trade the item they have won in an auction for an Amazon e-card of equal value. Members are also able to bid risk-free through GankIt’s “Buy It Now” feature, allowing them to purchase the item at MSRP. In addition, Gankit bidders who don’t win their auction of choice can recover 100% of their spent bids to use in other auctions.
GankIt’s value proposition makes it an attractive and engaging interactive shopping platform. Members are able to enjoy a fair and honest venue with attentive customer service. The site offers the latest electronics from Apple (NASDAQ: AAPL) and others in an e-commerce setting, alongside industry heavyweights such as Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY).
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