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The first social media auction website, LikeBids.com was launched on March 25, 2011.
LikeBids.com is the first social media auction website that allows users to win the products they love by promoting them to their friends via social media networks. This way users can win products or coupons for free. In other words, LikeBids
has created a new social currency of "likes".
As to participating companies, LikeBids.com provides a powerful incentive to get social media users actively promoting brands within reals of the social network.
LikeBids.com offers product companies exponential exposure, and the unique opportunity to make the “friends” of their brand their own social media marketing team,” said founder Jennifer Cannavo Calise. “Yet at the same time, we are constantly rewarding users for their active participation by offering free products and discounts.”
what do you think about the new project? do you think they'll succeed?
