Hot New Online Auction Site Launches

May 21, 2012 - PRLog -- Entertainment shopping & online auction company AuctionsQuest.Com just launched the newest online auctions quest for great deals on name brand retail items. They will rival Ebay, Amazon and other big box online auction retailers for electronics, clothing, jewelry and more. The company is a spin off of an original lowest unique bid auction concept and grew 100% in their first week in business due to the popularity of their online auction platform. The auction platform rivals penny auctions and offers free bids.

From an initial starting point of May 2012 we have worked very hard to communicate with our customer, provide an easy one step log in / registration system tied to facebook and provide online shoppers with the best entertainment auction experience that rivals penny auction sites, said the company’s President. The company expects to continue their growth and improve their product offerings every month based on the demand of the customers searching for an online deal. The company also says that their customers are the best form of advertising and that customer service is their number one priority. With most penny auctions getting negative feedback, and the old large original auction sites losing market share from their inability to innovate, AuctionsQuest.Com intends to capitalize on that by their unique auction feature that allows their customers to bid in a unique way that's fun and exciting.

Growth goals for the business are aggressive as they hope to double their revenue each month and grow their registered user count by 50 percent every month. To achieve this aggressive expansion plan AuctionsQuest.com is aggressively using social media, media buying and is interviewing local Memphis advertising firms to facilitate their growth plans. The company also communicates with their current customer base and has tried to implement many recommendations on the sites look, feel and processes. Their customers spend an average of 30 minutes a day on the site and the retention rate is close to 80%.

Greg Walding is the Founder and co-owner of AuctionsQuest.Com and it is a veteran owned and operated company based in the Memphis Metro area. Where Auctions And Excitement Come Together!  Visit http://www.auctionsquest.com
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