PM me for the business plan.
Mission Overview:
The mission for AdAcution is simple; to provide a fast, reliable, simple and cheap service to publishers and advertisers alike. By late 2012 we aim to have at least 200 partnerships with publishers, and completed at least 400 ad auctions. There are no services, whatsoever, as extraordinary as ours. Advertiser’s have to make contracts, hefty payments etc. For at least a month advertising when the service they’re adverting last’s one week. That’s where AdAuction will come in, providing one day marketing for a one day service. Companies like Goggle may place an advert for a games company on a cooking site, where is the reasoning in that? How will the target market be attracted? AdAuction will let the advertiser select only what websites they want to advertise on, and for how long, and finally the price. Also, giving the publisher control over the companies that will be able to advertise on their site. Nothing could be simpler, AdAuction.com
Fundamentals:
AdAuction will auction segments of a publisher’s site to advertisers for a certain time and price. Advertisers will be able to bid on the segment, re-bid, and multiply bid on different segments. The segment of the publishers website will be rented or owned by AdAuction , deepening on the preference of publisher ; and then auctioned on the site by AdAuction. After an auction ends the highest bidder’s ad is placed on that segment of the site. After the advertising period is over, the segment is re-auctioned. The site won’t work like a normal auction site though , user’s can’t submit items etc. The site will be moderated by real people.
-Chris





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